
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
₹75.90 K
Fuel Type
Electric
Motor
Brushless Dc 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
₹1,129
Calculated on ₹53,130 loan at 10% for 5 years.
Down Payment
₹22,770
Loan Principal
₹53,130
Total Interest
₹14,610
Total Cost
₹90,510
Cost Breakup
₹22,770
Amount paid upfront before finance starts.
₹53,130
₹14,610
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 | ₹1,091 |
SBI | 8.75% | ₹0 | ₹1,097 |
ICICI Bank | 9.1% | ₹3,999 | ₹1,106 |
HDFC Bank | 9.25% | ₹3,500 | ₹1,110 |
Axis Bank | 9.5% | ₹3,500 | ₹1,116 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The on-road price typically ranges from INR 1.0 lakh to 1.5 lakh, varying by city, dealer, and specific battery type or model.
Yes, variants exist for passenger and cargo use, with differences in battery capacity or motor power, affecting the price slightly between models.
EMI options are widely available, usually requiring a down payment of 20-30% of the ex-showroom price, with flexible repayment tenures from banks.
Due to its robust build and increasing demand for electric vehicles, the Gkon rickshaw generally holds a reasonable resale value, especially with good maintenance.
Yes, central and state government subsidies under schemes like FAME India Phase II often reduce the purchase price, making it more affordable.