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Euler Motors NEO HiRANGE EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹3.10L
Fuel Type
Electric
Motor
LV AC PMSM
Finance
Euler Motors NEO HiRANGE EMI Calculator
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Truck Price
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Euler Motors NEO HiRANGE (₹3,10,000)
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Auto-adjusts interest rate
Estimated Monthly EMI
₹4,611
Calculated on ₹2,17,000 loan at 10% for 5 years.
Down Payment
₹93,000
Loan Principal
₹2,17,000
Total Interest
₹59,660
Total Cost
₹3,69,660
Cost Breakup
Down Payment
₹93,000
Amount paid upfront before finance starts.
Loan
₹2,17,000
Interest
₹59,660
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Change down payment, tenure and rate to see the monthly EMI update instantly.
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₹1,00,000₹3,10,000
₹
₹0₹2,10,000
%
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 (₹4,611) with lowest total interest.
Lender Comparison— ₹2,17,000 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹4,453 |
SBI | 8.75% | ₹0 | ₹4,479 |
ICICI Bank | 9.1% | ₹3,999 | ₹4,516 |
HDFC Bank | 9.25% | ₹3,500 | ₹4,531 |
Axis Bank | 9.5% | ₹3,500 | ₹4,558 |
* 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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Euler Motors NEO HiRANGE Price FAQs
What is the ex-showroom price of the Euler Motors Neo Hirange electric truck in India?
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The ex-showroom price of the Euler Motors Neo Hirange typically starts from around ₹3.10 Lakhs to ₹4.08 Lakhs in India. This price can vary slightly based on state-specific policies and any ongoing offers.
What factors influence the final on-road price of the Euler Motors Neo Hirange?
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The final on-road price of the Euler Motors Neo Hirange is influenced by state subsidies, FAME-II incentives, RTO registration charges, insurance costs, and any optional accessories. These factors combine to determine your total payable price.
Are there any government subsidies available that reduce the price of the Euler Motors Neo Hirange?
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Yes, the Euler Motors Neo Hirange is eligible for FAME-II subsidies from the central government, and various state EV policies offer additional incentives, significantly reducing the effective price. These subsidies make the electric truck much more affordable.
What is the estimated on-road price of the Euler Motors Neo Hirange in Delhi?
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In Delhi, after considering FAME-II and state EV subsidies (like the Delhi EV Policy), the estimated on-road price of the Euler Motors Neo Hirange can be very competitive, often significantly lower than the ex-showroom price. The exact Delhi price will depend on the dealer and prevailing policies.
How does the price of the Euler Motors Neo Hirange compare to traditional diesel trucks in its segment?
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While the upfront price of the Euler Motors Neo Hirange might be comparable or slightly higher than some entry-level diesel trucks, its significantly lower running and maintenance costs offer a much better Total Cost of Ownership (TCO). The long-term savings make the electric truck an economically superior choice despite its initial price.
Is financing available for purchasing the Euler Motors Neo Hirange, and what are the typical loan options?
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Yes, financing options are readily available from major banks and financial institutions for purchasing the Euler Motors Neo Hirange. Customers can explore various loan schemes with competitive interest rates and flexible repayment tenures, making the overall price manageable.
What is the estimated on-road price of the Euler Motors Neo Hirange in Mumbai?
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The estimated on-road price of the Euler Motors Neo Hirange in Mumbai, factoring in Maharashtra's EV policies and FAME-II, will also be highly attractive. You should consult a local dealer for the precise Mumbai price as subsidies can fluctuate based on government norms.
What is the estimated on-road price of the Euler Motors Neo Hirange in Bengaluru?
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In Bengaluru, considering Karnataka's EV policies and central government incentives, the estimated on-road price for the Euler Motors Neo Hirange would be quite competitive. It's best to verify the exact Bengaluru price with an authorized dealer for the most current figures and applicable subsidies.
Can I get a detailed quotation for the Euler Motors Neo Hirange price including all taxes and subsidies?
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Yes, for a detailed and accurate quotation for the Euler Motors Neo Hirange price, including all applicable taxes, insurance, and subsidies specific to your location, it is highly recommended to contact an authorized Euler Motors dealership. They will provide the most precise and transparent price breakdown.