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.
Euler Motors HiCity
Ex-Showroom Price
₹3.63L
Key Specifications
GVW
900 kg
Power
11.7 kW
Finance
Euler Motors HiCity EMI Calculator
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Euler Motors HiCity (₹3,63,000)
Credit Score EstimatorAuto-adjusts interest rate
Down PaymentLoanInterest
Monthly EMI
₹5,399
Down Payment₹1,08,900
Loan Principal₹2,54,100
Total Interest₹69,840
Total Cost₹4,32,840
Share Your EMI
₹
₹1,00,000₹3,63,000
₹
₹0₹2,63,000
%
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 (₹5,399) with lowest total interest.
Lender Comparison— ₹2,54,100 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹5,214 |
SBI | 8.75% | ₹0 | ₹5,244 |
ICICI Bank | 9.1% | ₹3,999 | ₹5,288 |
HDFC Bank | 9.25% | ₹3,500 | ₹5,306 |
Axis Bank | 9.5% | ₹3,500 | ₹5,337 |
* 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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Finance
Euler Motors HiCity EMI
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