
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
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.18L
Fuel Type
Electric
Motor
Electric Motor
Finance
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Truck Price
Price will update the EMI estimate
Credit Score
Auto-adjusts interest rate
Estimated Monthly EMI
₹1,756
Calculated on ₹82,600 loan at 10% for 5 years.
Down Payment
₹35,400
Loan Principal
₹82,600
Total Interest
₹22,760
Total Cost
₹1,40,760
Cost Breakup
₹35,400
Amount paid upfront before finance starts.
₹82,600
₹22,760
Loan inputs
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| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹1,695 |
SBI | 8.75% | ₹0 | ₹1,705 |
ICICI Bank | 9.1% | ₹3,999 | ₹1,719 |
HDFC Bank | 9.25% | ₹3,500 | ₹1,725 |
Axis Bank | 9.5% | ₹3,500 | ₹1,735 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The ex-showroom price for the Thukral Electric Er 1 Paint typically starts from around ₹7.5 Lakhs in India, subject to state subsidies and applicable taxes, offering excellent value for an electric commercial vehicle.
The listed ex-showroom price of the Thukral Electric Er 1 Paint does not directly include FAME-II subsidies; these are typically applied at the time of purchase, significantly reducing your final on-road price and making it more affordable.
In Mumbai, after factoring in RTO, insurance, and potential state subsidies, the on-road price for the Thukral Electric Er 1 Paint could range from ₹7.8 Lakhs to ₹8.5 Lakhs, depending on the variant and current policies.
For Delhi, with its favorable EV policies and subsidies, the on-road price of the Thukral Electric Er 1 Paint might be even more competitive, often starting around ₹7.5 Lakhs after considering all benefits, due to significant state incentives.
While the initial purchase price of the Thukral Electric Er 1 Paint might be comparable or slightly higher than some diesel counterparts, its significantly lower running and maintenance costs offer substantial long-term savings, justifying the investment.
Yes, Thukral Electric has tie-ups with leading financial institutions to offer attractive loan schemes and easy EMI options for the Thukral Electric Er 1 Paint, making the purchase more accessible and easing the upfront price burden.
Yes, the price of the Thukral Electric Er 1 Paint can vary based on the specific variant chosen, such as open deck or closed container, and any additional customization options or features you select.
In Bangalore, the on-road price for the Thukral Electric Er 1 Paint, including local taxes and potential state incentives, typically falls in the range of ₹7.9 Lakhs to ₹8.7 Lakhs, depending on RTO and insurance charges.
Yes, the standard high-capacity lithium-ion battery pack, essential for the truck's operation, is fully included in the ex-showroom price of the Thukral Electric Er 1 Paint, ensuring transparency and no hidden costs for this critical component.