
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
₹1.85L
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
₹2,752
Calculated on ₹1,29,500 loan at 10% for 5 years.
Down Payment
₹55,500
Loan Principal
₹1,29,500
Total Interest
₹35,620
Total Cost
₹2,20,620
Cost Breakup
₹55,500
Amount paid upfront before finance starts.
₹1,29,500
₹35,620
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 | ₹2,657 |
SBI | 8.75% | ₹0 | ₹2,673 |
ICICI Bank | 9.1% | ₹3,999 | ₹2,695 |
HDFC Bank | 9.25% | ₹3,500 | ₹2,704 |
Axis Bank | 9.5% | ₹3,500 | ₹2,720 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The ex-showroom price typically ranges from 1.5 to 2.5 Lakhs INR, with on-road prices varying slightly based on state taxes and registration.
Yes, it often comes with various customization options for the food preparation area, equipment, and branding, suiting diverse vendor needs effectively.
EMI options are available from various banks, usually requiring a down payment of 20-30% of the vehicle cost, making it accessible for small businesses.
Electric vehicles generally hold good resale value due to low running costs and increasing demand, though it depends on battery health and overall condition.
Yes, many states offer subsidies and tax benefits for electric vehicles, which can significantly reduce the effective purchase price for buyers.