
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.

Ex-Showroom Price
₹1.00L
Key Specifications
GVW
450 kg
Power
1 hp
Finance
Monthly EMI
₹1,488
| 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.
Brochure
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Finance
Your estimated monthly EMI