
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
₹1.45L
Key Specifications
GVW
448 kg
Power
1 hp
Finance
Monthly EMI
₹2,157
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹2,083 |
SBI | 8.75% | ₹0 | ₹2,095 |
ICICI Bank | 9.1% | ₹3,999 | ₹2,112 |
HDFC Bank | 9.25% | ₹3,500 | ₹2,120 |
Axis Bank | 9.5% | ₹3,500 | ₹2,132 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The on-road price typically ranges from INR 1.5 lakhs to 1.8 lakhs, depending on the city, variant, and applicable taxes and charges.
Usually, petrol and CNG variants are available. CNG models might be slightly more expensive upfront due to the kit, but offer lower running costs.
EMI options vary, but with a good down payment, monthly installments can range from INR 3,000 to 5,000 over 3-5 years typically.
The G7s generally holds good resale value due to its durability, low running costs, and high demand in the used commercial vehicle market.
The ex-showroom price usually includes a standard warranty. Accessories like a spare wheel or tool kit are standard, but custom add-ons cost extra.
Brochure
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Finance
Your estimated monthly EMI