Euler Motors NEO HiCity thumbnail

Euler Motors NEO HiCity

Ex-Showroom Price

₹4.30L

Key Specifications

GVW

930 kg

Power

11 kW

Euler Motors NEO HiCity EMI Calculator

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Euler Motors NEO HiCity (₹4,30,000)
Credit Score EstimatorAuto-adjusts interest rate
Interest16%of total cost
Down PaymentLoanInterest

Monthly EMI

₹6,396

Down Payment1,29,000
Loan Principal3,01,000
Total Interest82,760
Total Cost5,12,760
Share Your EMI
₹1,00,000₹4,30,000
₹0₹3,30,000
%
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.
Recommended: 5 Years
Balances affordable EMI (₹6,396) with lowest total interest.

Lender Comparison— ₹3,01,000 · 5 yr · 10% base

Bank / NBFCRateProc. FeeEMI
BESTMahindra Finance
8.5%₹2,9996,176
SBI
8.75%₹06,212
ICICI Bank
9.1%₹3,9996,263
HDFC Bank
9.25%₹3,5006,285
Axis Bank
9.5%₹3,5006,322

* 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.

Euler Motors NEO HiCity Price FAQs

What is the approximate ex-showroom price of the Euler Motors Neo Hicity electric truck in India?

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The approximate ex-showroom price for the Euler Motors Neo Hicity electric truck typically starts from around ₹10.49 Lakhs. This makes the Euler Motors Neo Hicity a competitive option in the electric LCV segment.

What is the on-road price of the Euler Motors Neo Hicity in Delhi?

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The on-road price of the Euler Motors Neo Hicity in Delhi can vary, but it generally ranges from ₹10.80 Lakhs to ₹11.50 Lakhs, inclusive of RTO, insurance, and other charges. This Delhi price might also be subject to state subsidies.

Are there any government subsidies or incentives available that affect the price of the Euler Motors Neo Hicity?

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Yes, the price of the Euler Motors Neo Hicity benefits from FAME-II subsidies and various state-level EV policies, which can significantly reduce the effective purchase cost. These incentives make the Euler Motors Neo Hicity even more affordable.

What factors influence the final on-road price of the Euler Motors Neo Hicity?

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The final on-road price of the Euler Motors Neo Hicity is influenced by factors such as government subsidies, RTO registration charges, insurance premiums, and any additional accessories or customization. These elements contribute to the complete cost of ownership.

Can I get an estimate for the Euler Motors Neo Hicity price in Mumbai?

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The estimated on-road price for the Euler Motors Neo Hicity in Mumbai typically falls in the range of ₹11.00 Lakhs to ₹11.80 Lakhs, depending on state subsidies and local taxes. For an exact Mumbai price, it is best to contact a local dealer.

What financing options are available for purchasing the Euler Motors Neo Hicity?

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Various financing options, including attractive EMI schemes and loan facilities from leading banks and NBFCs, are available for purchasing the Euler Motors Neo Hicity. These options help make the acquisition price more manageable for businesses.

What is the Euler Motors Neo Hicity price in Bangalore?

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The on-road price for the Euler Motors Neo Hicity in Bangalore is generally around ₹10.90 Lakhs to ₹11.60 Lakhs, influenced by Karnataka's EV policies and other standard charges. Contacting a dealer will provide the most accurate Bangalore price.

Does the price of the Euler Motors Neo Hicity include the battery, or is it leased separately?

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The stated price of the Euler Motors Neo Hicity typically includes the battery pack as an integral part of the vehicle purchase. This full ownership model ensures you pay one transparent price for your electric truck.

Euler Motors NEO HiCity Brochure

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Euler Motors NEO HiCity EMI

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