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.
Finance
G.R.D Motors Davrath EMI Calculator
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G.R.D Motors Davrath (₹1,80,000)
Credit Score EstimatorAuto-adjusts interest rate
Down PaymentLoanInterest
Monthly EMI
₹2,678
Down Payment₹54,000
Loan Principal₹1,26,000
Total Interest₹34,680
Total Cost₹2,14,680
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₹1,00,000₹1,80,000
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Down Payment Insight
Increase down payment by ₹50,000 → EMI drops by ₹553 and you save ₹33,180 in total interest.
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Recommended: 5 Years
Balances affordable EMI (₹2,678) with lowest total interest.
Lender Comparison— ₹1,26,000 · 5 yr · 10% base
| 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.
- 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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G.R.D Motors Davrath Price FAQs
What is the on-road price of the G.r.d Motors Davrath in major Indian cities?
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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.
What are the different variants available for the G.r.d Motors Davrath?
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The Davrath comes in various configurations, including different load body lengths, payload capacities, and possibly engine options, catering to diverse commercial needs and budgets.
What are the typical EMI options for purchasing a G.r.d Motors Davrath?
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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.
What is the estimated resale value of the G.r.d Motors Davrath?
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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.
Are there any additional costs associated with owning a G.r.d Motors Davrath?
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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.
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G.R.D Motors Davrath Brochure
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Finance
G.R.D Motors Davrath EMI
Your estimated monthly EMI