
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
₹75.90 K
Key Specifications
GVW
211 kg
Power
1 hp
Finance
Monthly EMI
₹1,129
| 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.
Brochure
Download for detailed specs, features & prices.
Finance
Your estimated monthly EMI