
Piaggio and SBI will finance three-wheelers in UP at 0% interest under CM Yuva Yojana. Here's the real math, who qualifies, and how to apply first.

Finance
Monthly EMI
₹2,083
| 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.
News
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.
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.
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.
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.
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.
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.
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.
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.
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Finance
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