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.
Truck loan planning
G.R.D Motors Davrath Express EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.80L
Fuel Type
Electric
Motor
1000 Watt Motor
Finance
G.R.D Motors Davrath Express EMI Calculator
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
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Price will update the EMI estimate
G.R.D Motors Davrath Express (₹1,80,000)
Credit Score
Select CIBIL Range
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
Down Payment
₹54,000
Amount paid upfront before finance starts.
Loan
₹1,26,000
Interest
₹34,680
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Loan inputs
Adjust Loan Details
Change down payment, tenure and rate to see the monthly EMI update instantly.
₹
₹1,00,000₹1,80,000
₹
₹0₹80,000
%
7%25%
Yr
1 Year7 Years
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 Express Price FAQs
What is the on-road price range for the G.r.d Motors Davrath Express?
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The on-road price for the G.r.d Motors Davrath Express varies by city and state, generally ranging from approximately Rs. 8 lakhs to Rs. 12 lakhs depending on the variant.
Are there different variants of the Davrath Express available?
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Yes, the Davrath Express comes in several variants, offering different payload capacities and body types to suit diverse commercial transportation requirements.
What are the typical EMI options for purchasing a Davrath Express?
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EMI options for the Davrath Express are flexible, typically starting from Rs. 15,000 to Rs. 25,000 per month, subject to down payment, tenure, and interest rates.
How is the resale value of the G.r.d Motors Davrath Express in India?
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The Davrath Express holds a respectable resale value, often retaining a good percentage of its original price due to its reliability and strong demand in the used truck market.
Are there good financing schemes available for the Davrath Express?
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Many banks and financial institutions offer competitive financing schemes for the Davrath Express, including attractive interest rates and flexible repayment plans for buyers.