
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
₹64.00 K
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
₹952
Calculated on ₹44,800 loan at 10% for 5 years.
Down Payment
₹19,200
Loan Principal
₹44,800
Total Interest
₹12,320
Total Cost
₹76,320
Cost Breakup
₹19,200
Amount paid upfront before finance starts.
₹44,800
₹12,320
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 | ₹920 |
SBI | 8.75% | ₹0 | ₹925 |
ICICI Bank | 9.1% | ₹3,999 | ₹933 |
HDFC Bank | 9.25% | ₹3,500 | ₹936 |
Axis Bank | 9.5% | ₹3,500 | ₹941 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The ex-showroom price typically starts from around ₹4.5 lakhs, varying slightly based on location and specific battery configurations chosen by customers.
Yes, it often comes in variants differing in battery capacity, motor power, and loading attachments, allowing customization based on specific user needs and budgets.
The on-road price generally ranges from ₹4.8 lakhs to ₹5.5 lakhs, including RTO, insurance, and any applicable state subsidies, offering competitive pricing.
Banks and NBFCs offer flexible EMI plans with down payments typically starting from 20-30%, making it accessible for small businesses and individual buyers.
As an emerging electric vehicle, the resale value is currently decent, often holding 60-70% of its initial value after 3-4 years, due to low running costs.