
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
₹66.00 K
Key Specifications
GVW
500 kg
Power
1 hp
Finance
Monthly EMI
₹982
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹948 |
SBI | 8.75% | ₹0 | ₹954 |
ICICI Bank | 9.1% | ₹3,999 | ₹962 |
HDFC Bank | 9.25% | ₹3,500 | ₹965 |
Axis Bank | 9.5% | ₹3,500 | ₹971 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The on-road price varies by city and variant, typically ranging from INR 3.5 lakhs to 5.5 lakhs, excluding any state subsidies.
Yes, Gkon Ms may offer variants with different battery capacities, motor powers, or bucket sizes to cater to diverse operational requirements and budgets.
Most dealerships offer flexible EMI options through various banks and financial institutions, making ownership more accessible for businesses and individuals.
Resale value is generally good, especially for well-maintained units, due to the growing demand for electric vehicles and their long-term cost savings.
Some state governments and central schemes like FAME II might offer subsidies or tax benefits for electric commercial vehicles, potentially reducing the net cost.
Brochure
Download for detailed specs, features & prices.
Finance
Your estimated monthly EMI