
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 ex-showroom price typically ranges from INR 3.0 lakhs to 4.0 lakhs, depending on the variant, battery capacity, and specific vending equipment included.
The on-road price can range from INR 3.5 lakhs to 4.5 lakhs, varying by state taxes, registration fees, and specific optional features or subsidies available.
Yes, variants might include different battery sizes for varied range, customizable interior layouts for vending, or specific refrigeration unit upgrades based on user needs.
Many financial institutions offer EMI plans with flexible tenures. Down payments and interest rates vary based on creditworthiness and current market offerings.
As an electric vehicle, its resale value is still evolving. However, low maintenance and operational costs suggest a decent retention value in the long term.