Piaggio and SBI Signed an MoU to Offer Intrest Free Auto Loans in UP
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.
Truck loan planning
Atul Elite Plus EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.12L
Fuel Type
Electric
Motor
Brushless DC Motor (BLDC)
Finance
Atul Elite Plus EMI Calculator
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
Select Variant
Price will update the EMI estimate
Atul Elite Plus (₹1,12,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹1,666
Calculated on ₹78,400 loan at 10% for 5 years.
Down Payment
₹33,600
Loan Principal
₹78,400
Total Interest
₹21,560
Total Cost
₹1,33,560
Cost Breakup
Down Payment
₹33,600
Amount paid upfront before finance starts.
Loan
₹78,400
Interest
₹21,560
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Loan inputs
Adjust Loan Details
Change down payment, tenure and rate to see the monthly EMI update instantly.
₹
₹1,00,000₹1,12,000
₹
₹0₹12,000
%
7%25%
Yr
1 Year7 Years
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Recommended: 5 Years
Balances affordable EMI (₹1,666) with lowest total interest.
Lender Comparison— ₹78,400 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹1,609 |
SBI | 8.75% | ₹0 | ₹1,618 |
ICICI Bank | 9.1% | ₹3,999 | ₹1,632 |
HDFC Bank | 9.25% | ₹3,500 | ₹1,637 |
Axis Bank | 9.5% | ₹3,500 | ₹1,647 |
* 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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Atul Elite Plus Price FAQs
What is the Atul Elite Plus price in India in 2026?
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The Atul Elite Plus is priced between ₹1.12 lakh and ₹1.15 lakh ex-showroom as of May 2026. On-road pricing varies by state and typically adds ₹5,000–12,000 for registration and local taxes.
What is the difference between Atul Elite Plus and Atul Elite Cargo?
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The Elite Plus is a passenger e-rickshaw configured for people transport. The Elite Cargo is tuned for goods carriage, with a loading deck and higher GVW. If you're moving goods rather than passengers, the Atul Elite Cargo is the right variant.