
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
₹1.00L
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
₹1,488
Calculated on ₹70,000 loan at 10% for 5 years.
Down Payment
₹30,000
Loan Principal
₹70,000
Total Interest
₹19,280
Total Cost
₹1,19,280
Cost Breakup
₹30,000
Amount paid upfront before finance starts.
₹70,000
₹19,280
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 | ₹1,437 |
SBI | 8.75% | ₹0 | ₹1,445 |
ICICI Bank | 9.1% | ₹3,999 | ₹1,457 |
HDFC Bank | 9.25% | ₹3,500 | ₹1,462 |
Axis Bank | 9.5% | ₹3,500 | ₹1,471 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The on-road price of the Gayatri Electric Dabang E Rickshaw typically ranges from INR 1.20 to 1.50 Lakh, varying by city, dealer offers, and specific configurations.
Yes, there might be variants primarily differing in battery type (lead-acid vs. lithium-ion) or load-carrying capacity, affecting pricing and performance to suit diverse needs.
EMI options are readily available through various banks and financial institutions, allowing for convenient monthly payments over flexible tenure periods, making it affordable.
The resale value is generally decent, especially for well-maintained vehicles, given the increasing demand for electric commercial vehicles in India and their low running costs.
Yes, government subsidies under FAME-II scheme or state-specific policies may be available, reducing the initial purchase cost and promoting EV adoption for buyers.