
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
₹1.21L
Key Specifications
GVW
450 kg
Power
1 hp
Finance
Monthly EMI
₹1,800
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹1,738 |
SBI | 8.75% | ₹0 | ₹1,748 |
ICICI Bank | 9.1% | ₹3,999 | ₹1,763 |
HDFC Bank | 9.25% | ₹3,500 | ₹1,769 |
Axis Bank | 9.5% | ₹3,500 | ₹1,779 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The on-road price varies by state and applicable subsidies. It offers a competitive upfront cost, making it an attractive option for electric commercial vehicles in the market.
The Dabang Pro usually comes in a standard configuration with possible variations in battery capacity or cargo body types, catering to diverse business needs and load requirements.
Many financing options are available through dealerships and banks, offering flexible EMI plans to make ownership accessible for businesses and entrepreneurs looking for electric vehicles.
Buyers can often benefit from state and central government subsidies under schemes like FAME II, significantly reducing the effective purchase price of the vehicle, promoting EV adoption.
The resale value of electric vehicles is evolving, but with increasing demand, battery longevity, and brand reputation, the Dabang Pro is expected to hold good value.
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Finance
Your estimated monthly EMI