
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
₹60.00 K
Key Specifications
GVW
500 kg
Power
1 hp
Finance
Monthly EMI
₹893
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹862 |
SBI | 8.75% | ₹0 | ₹867 |
ICICI Bank | 9.1% | ₹3,999 | ₹874 |
HDFC Bank | 9.25% | ₹3,500 | ₹877 |
Axis Bank | 9.5% | ₹3,500 | ₹883 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The on-road price for the Gkon E Cart typically ranges from Rs. 1.80 Lakh to Rs. 2.50 Lakh, varying by city and variant.
Yes, it usually comes in variants differing in battery type (lead-acid vs. lithium-ion) and possibly motor power or loading deck configurations.
Most dealerships offer financing through banks and NBFCs, with flexible EMI plans based on down payment and loan tenure.
Yes, electric vehicle policies in various states offer subsidies, road tax exemptions, and registration fee waivers, reducing the final cost.
Resale value is still evolving for electric commercial vehicles. Well-maintained units with good battery health generally fetch fair prices.
Brochure
Download for detailed specs, features & prices.
Finance
Your estimated monthly EMI