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Euler Motors Turbo EV 1000
Ex-Showroom Price
₹6.15L
Key Specifications
GVW
1900 kg
Power
15 kW
Finance
Euler Motors Turbo EV 1000 EMI Calculator
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Euler Motors Turbo EV 1000 (₹6,15,000)
Credit Score EstimatorAuto-adjusts interest rate
Down PaymentLoanInterest
Monthly EMI
₹9,147
Down Payment₹1,84,500
Loan Principal₹4,30,500
Total Interest₹1,18,320
Total Cost₹7,33,320
Share Your EMI
₹
₹1,00,000₹6,15,000
₹
₹0₹5,15,000
%
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 (₹9,147) with lowest total interest.
Lender Comparison— ₹4,30,500 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹8,833 |
SBI | 8.75% | ₹0 | ₹8,885 |
ICICI Bank | 9.1% | ₹3,999 | ₹8,958 |
HDFC Bank | 9.25% | ₹3,500 | ₹8,989 |
Axis Bank | 9.5% | ₹3,500 | ₹9,042 |
* 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 Turbo EV 1000 Price FAQs
What is the ex-showroom price of the Euler Motors Turbo Ev 1000 in India?
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The ex-showroom price of the Euler Motors Turbo Ev 1000 in India typically starts from around ₹5.29 Lakh, though this can vary by region and current offers. This competitive starting price makes it an attractive investment.
What is the on-road price of the Turbo Ev 1000 in Delhi?
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The on-road price of the Turbo Ev 1000 in Delhi, after considering RTO, insurance, and FAME-II subsidies, is generally in the range of ₹5.50 - ₹5.80 Lakh, but it is subject to changes. We recommend contacting a local dealer for the most accurate Delhi price.
What is the on-road price of the Ev 1000 in Mumbai?
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In Mumbai, the on-road price for the Ev 1000, including all charges and applicable state subsidies, usually falls between ₹5.60 - ₹5.90 Lakh, depending on the variant and current offers. Please verify the exact Mumbai price with an authorized dealer.
What is the on-road price of the Euler Motors Turbo Ev 1000 in Bengaluru?
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The on-road price of the Euler Motors Turbo Ev 1000 in Bengaluru, factoring in local taxes and potential state incentives, typically ranges from ₹5.70 - ₹6.00 Lakh. For a precise Bengaluru price, it's best to consult a dealer.
Are there any government subsidies available that affect the price of the Ev 1000?
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Yes, the Ev 1000 is eligible for central government incentives like the FAME-II subsidy, significantly reducing its effective purchase price. Additionally, many states offer their own EV policies that further lower the price.
What are the financing options or EMI plans available for the Turbo Ev 1000?
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Various banks and financial institutions offer attractive financing options and competitive EMI plans for the Turbo Ev 1000, making ownership more accessible. Customers can often secure loans with flexible terms, helping manage the overall price.
What is the approximate running cost of the Euler Motors Turbo Ev 1000 compared to a diesel truck?
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The running cost of the Euler Motors Turbo Ev 1000 is substantially lower, often 80-90% less than a comparable diesel truck, primarily due to lower electricity expenses and reduced maintenance. This significant saving on operating cost boosts profitability.
Does the Ev 1000 qualify for any specific state-wise EV incentives impacting its final price?
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Yes, beyond national subsidies, the Ev 1000 often qualifies for additional state-wise EV incentives in states like Delhi, Maharashtra, and Karnataka, further reducing its final on-road price. These incentives make the Ev 1000 even more cost-effective.
What is the expected resale value of the Euler Motors Turbo Ev 1000?
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Given the growing demand for electric vehicles and the robust build of the Euler Motors Turbo Ev 1000, its expected resale value is projected to be strong. The longevity of its battery and lower maintenance costs contribute positively to its future price.
Brochure
Euler Motors Turbo EV 1000 Brochure
Download for detailed specs, features & prices.
Finance
Euler Motors Turbo EV 1000 EMI
Your estimated monthly EMI