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
Erisha E-Super E Auto EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹3.86L
Fuel Type
Electric
Motor
Brushless Dc Motor
Finance
Erisha E-Super E Auto EMI Calculator
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
Select Variant
Price will update the EMI estimate
Erisha E-Super E Auto (₹3,86,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹5,741
Calculated on ₹2,70,200 loan at 10% for 5 years.
Down Payment
₹1,15,800
Loan Principal
₹2,70,200
Total Interest
₹74,260
Total Cost
₹4,60,260
Cost Breakup
Down Payment
₹1,15,800
Amount paid upfront before finance starts.
Loan
₹2,70,200
Interest
₹74,260
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Loan inputs
Adjust Loan Details
Change down payment, tenure and rate to see the monthly EMI update instantly.
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₹1,00,000₹3,86,000
₹
₹0₹2,86,000
%
7%25%
Yr
1 Year7 Years
Down Payment Insight
Increase down payment by ₹50,000 → EMI drops by ₹1,062 and you save ₹63,720 in total interest.
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Recommended: 5 Years
Balances affordable EMI (₹5,741) with lowest total interest.
Lender Comparison— ₹2,70,200 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹5,544 |
SBI | 8.75% | ₹0 | ₹5,577 |
ICICI Bank | 9.1% | ₹3,999 | ₹5,623 |
HDFC Bank | 9.25% | ₹3,500 | ₹5,642 |
Axis Bank | 9.5% | ₹3,500 | ₹5,675 |
* 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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Erisha E-Super E Auto Price FAQs
What is the expected truck price in India for the Erisha E Super E Auto?
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The ex-showroom truck price in India for the Erisha E Super E Auto typically starts from around ₹3.80 Lakhs, though this can vary based on specific variants and city. It offers excellent value as an electric commercial vehicle.
Does the Erisha E Super E Auto qualify for any government subsidies or incentives?
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Yes, as an electric vehicle, it often qualifies for government subsidies under schemes like FAME II, which can significantly reduce the effective on-road price in India. Check local state policies for specific benefits.
What are the on-road price components for this electric truck?
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The on-road price includes the ex-showroom price, RTO charges, insurance, and any applicable state subsidies. We recommend contacting a dealer for a precise on-road truck price in your specific city.
How does the running cost of the Erisha E Super E Auto compare to petrol/diesel small commercial vehicles?
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The running cost is significantly lower due to its electric powertrain, offering substantial savings on fuel (electricity vs. petrol/diesel). This makes the Erisha E Super E Auto a much more economical choice over its lifespan.
Is the Erisha E Super E Auto an affordable option for small businesses?
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Absolutely. Considering its competitive truck price in India, coupled with low running costs and potential subsidies, it's a very affordable and smart investment for small businesses looking for an efficient commercial vehicle.
What is the estimated EMI for purchasing the Erisha E Super E Auto?
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EMIs for the Erisha E Super E Auto can start from approximately ₹7,000-₹8,500 per month, depending on the loan amount, tenure, and interest rate. Our dealers can help you with detailed financing options.
What factors influence the final truck price of the Erisha E Super E Auto?
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The final truck price is influenced by the specific variant chosen, any optional accessories, state subsidies, and local taxes. Always get a detailed quote from an authorized dealership for the most accurate pricing.
Is there a difference in price for different variants or load capacities?
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While the Erisha E Super E Auto primarily has a standard configuration, any minor variants offering slightly different load capacities or battery ranges might have a marginal difference in their truck price. Always confirm with your dealer.