
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
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.80L
Fuel Type
Electric
Motor
BLDC Motor
Finance
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
Price will update the EMI estimate
Credit Score
Auto-adjusts interest rate
Estimated Monthly EMI
₹2,678
Calculated on ₹1,26,000 loan at 10% for 5 years.
Down Payment
₹54,000
Loan Principal
₹1,26,000
Total Interest
₹34,680
Total Cost
₹2,14,680
Cost Breakup
₹54,000
Amount paid upfront before finance starts.
₹1,26,000
₹34,680
Loan inputs
Change down payment, tenure and rate to see the monthly EMI update instantly.
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹2,586 |
SBI | 8.75% | ₹0 | ₹2,601 |
ICICI Bank | 9.1% | ₹3,999 | ₹2,622 |
HDFC Bank | 9.25% | ₹3,500 | ₹2,631 |
Axis Bank | 9.5% | ₹3,500 | ₹2,647 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The on-road price for the G.r.d Motors Davrath typically ranges from Rs 12.5 lakh to Rs 16 lakh, varying by city, variant, and applicable taxes or registration charges.
The Davrath comes in various configurations, including different load body lengths, payload capacities, and possibly engine options, catering to diverse commercial needs and budgets.
EMI options for the Davrath are flexible, with down payments typically starting from 15-20% and repayment tenures up to 5 years, subject to financial institution terms.
The G.r.d Motors Davrath generally holds a good resale value due to its strong reliability and demand, making it a sound investment for commercial operators.
Beyond the purchase price, owners should factor in insurance, road tax, routine maintenance, fuel costs, and occasional spare parts, which contribute to the total cost of ownership.