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.
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Gayatri Electric Auto Shaped E-Rickshaw EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.05L
Fuel Type
Electric
Motor
BLDC Motor
Finance
Gayatri Electric Auto Shaped E-Rickshaw 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
Gayatri Electric Auto Shaped E-Rickshaw (₹1,05,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹1,562
Calculated on ₹73,500 loan at 10% for 5 years.
Down Payment
₹31,500
Loan Principal
₹73,500
Total Interest
₹20,220
Total Cost
₹1,25,220
Cost Breakup
Down Payment
₹31,500
Amount paid upfront before finance starts.
Loan
₹73,500
Interest
₹20,220
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Loan inputs
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Change down payment, tenure and rate to see the monthly EMI update instantly.
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₹1,00,000₹1,05,000
₹
₹0₹5,000
%
7%25%
Yr
1 Year7 Years
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Recommended: 5 Years
Balances affordable EMI (₹1,562) with lowest total interest.
Lender Comparison— ₹73,500 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹1,508 |
SBI | 8.75% | ₹0 | ₹1,517 |
ICICI Bank | 9.1% | ₹3,999 | ₹1,530 |
HDFC Bank | 9.25% | ₹3,500 | ₹1,535 |
Axis Bank | 9.5% | ₹3,500 | ₹1,544 |
* 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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Gayatri Electric Auto Shaped E-Rickshaw Price FAQs
What is the approximate on-road price of the Gayatri Electric Auto Shaped E Rickshaw in India?
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The on-road price typically ranges from INR 1.10 Lakh to INR 1.50 Lakh, varying by city, variant, and applicable state subsidies for electric vehicles.
Are there different variants or models available for the Gayatri Electric Auto Shaped E Rickshaw?
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Yes, it usually comes in passenger and cargo variants, with options for different battery types (lead-acid or lithium-ion) affecting the overall feature set and price.
What are the common EMI options available for purchasing this e-rickshaw?
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Most dealerships offer flexible EMI options through various financial institutions, with down payments and monthly installments tailored to suit individual buyer's budgets.
What can buyers expect regarding the resale value of the Gayatri Electric Auto Shaped E Rickshaw?
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Resale value is generally fair, depending on battery health, overall condition, and market demand. Well-maintained e-rickshaws hold decent value in the used market.
What is the ex-showroom price range for the Gayatri Electric Auto Shaped E Rickshaw?
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The ex-showroom price typically starts from around INR 90,000 and can go up to INR 1.30 Lakh, before factoring in registration, insurance, and other on-road costs.