
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
₹66.00 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
₹982
Calculated on ₹46,200 loan at 10% for 5 years.
Down Payment
₹19,800
Loan Principal
₹46,200
Total Interest
₹12,720
Total Cost
₹78,720
Cost Breakup
₹19,800
Amount paid upfront before finance starts.
₹46,200
₹12,720
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 | ₹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.