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Truck loan planning
Ele E-Rickshaw EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.40L
Fuel Type
Electric
Motor
BLDC Motor
Finance
Ele E-Rickshaw EMI Calculator
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
Select Variant
Price will update the EMI estimate
Ele E-Rickshaw (₹1,40,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹2,083
Calculated on ₹98,000 loan at 10% for 5 years.
Down Payment
₹42,000
Loan Principal
₹98,000
Total Interest
₹26,980
Total Cost
₹1,66,980
Cost Breakup
Down Payment
₹42,000
Amount paid upfront before finance starts.
Loan
₹98,000
Interest
₹26,980
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Loan inputs
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Change down payment, tenure and rate to see the monthly EMI update instantly.
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₹1,00,000₹1,40,000
₹
₹0₹40,000
%
7%25%
Yr
1 Year7 Years
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Recommended: 5 Years
Balances affordable EMI (₹2,083) with lowest total interest.
Lender Comparison— ₹98,000 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹2,011 |
SBI | 8.75% | ₹0 | ₹2,023 |
ICICI Bank | 9.1% | ₹3,999 | ₹2,040 |
HDFC Bank | 9.25% | ₹3,500 | ₹2,047 |
Axis Bank | 9.5% | ₹3,500 | ₹2,059 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
- Processing fee and other loan charges are not included in this calculation.
- The calculated EMI assumes 10% interest rate. Actual rate may vary based on your credit profile and lender.
- Loan approval is at the sole discretion of the finance partner.
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Ele E-Rickshaw Price FAQs
What is the starting price of the TruckOnWheels Ele E-Rickshaw?
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The starting ex-showroom truck price in India for the TruckOnWheels Ele E-Rickshaw is highly competitive, typically ranging from ₹1.5 Lakhs to ₹2.0 Lakhs, depending on the variant and battery type. This makes it an affordable entry point for businesses looking to switch to electric commercial vehicles. Please check our website for the most current pricing.
What is the on-road truck price in India for this model?
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The on-road truck price in India will include the ex-showroom price, RTO registration, insurance, and any applicable state-specific taxes. This can vary by city and state, but typically falls in the range of ₹1.8 Lakhs to ₹2.3 Lakhs. Our sales team can provide a precise quote for your specific location.
Are there any government subsidies available for electric commercial vehicles?
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Yes, the Indian government offers various subsidies and incentives under schemes like FAME-II for electric commercial vehicles, which can significantly reduce the overall truck price. State governments also provide additional benefits to promote EV adoption. We recommend checking with your local authorities or our dealership for the latest applicable subsidies.
What are the financing options available to buy this truck?
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TruckOnWheels partners with leading banks and financial institutions to offer attractive financing options and easy EMI plans for the Ele E-Rickshaw. You can get flexible loan tenures and competitive interest rates to make your purchase affordable. Our team can help you navigate the best financing solutions available.
How does the maintenance cost compare to a traditional fuel truck?
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The maintenance cost of the TruckOnWheels Ele E-Rickshaw is significantly lower than traditional fuel-powered trucks. Electric vehicles have fewer moving parts, reducing wear and tear and eliminating the need for regular oil changes. This lower maintenance contributes to the overall cost-effectiveness and makes the truck price even more attractive long-term.
Are there different variants affecting the final price?
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Yes, we offer different variants of the TruckOnWheels Ele E-Rickshaw with varying battery capacities, load body configurations, and optional features, which can affect the final truck price. Each variant is designed to meet specific customer needs and budgets. Our sales representatives can guide you through the options.
What is included in the ex-showroom price versus the on-road price?
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The ex-showroom price primarily includes the manufacturing cost and dealer's margin of the electric commercial vehicle. The on-road price adds compulsory charges like Road Tax, Registration Charges, Insurance Premium, and often an optional extended warranty. Understanding this helps you budget for the total truck price.
Is the TruckOnWheels Ele E-Rickshaw a cost-effective choice for businesses?
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Absolutely! Considering the low initial truck price after subsidies, minimal running costs due to electricity, and reduced maintenance expenses, the TruckOnWheels Ele E-Rickshaw is an incredibly cost-effective choice for businesses. It offers excellent ROI and helps increase profitability in the long run. It's a smart investment for a sustainable future.