Piaggio and SBI Signed an MoU to Offer Intrest Free Auto Loans in UP
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.
Finance
Gkon Super Deluxe EMI Calculator
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Gkon Super Deluxe (₹64,000)
Credit Score EstimatorAuto-adjusts interest rate
Down PaymentLoanInterest
Monthly EMI
₹952
Down Payment₹19,200
Loan Principal₹44,800
Total Interest₹12,320
Total Cost₹76,320
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₹1,00,000₹64,000
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₹0₹-36,000
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Recommended: 5 Years
Balances affordable EMI (₹952) with lowest total interest.
Lender Comparison— ₹44,800 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹920 |
SBI | 8.75% | ₹0 | ₹925 |
ICICI Bank | 9.1% | ₹3,999 | ₹933 |
HDFC Bank | 9.25% | ₹3,500 | ₹936 |
Axis Bank | 9.5% | ₹3,500 | ₹941 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
- Processing fee and other loan charges are not included in this calculation.
- The calculated EMI assumes 10% interest rate. Actual rate may vary based on your credit profile and lender.
- Loan approval is at the sole discretion of the finance partner.
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Gkon Super Deluxe Price FAQs
What is the approximate on-road price of the Gkon Super Deluxe in major Indian cities?
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The on-road price typically ranges from 18 to 22 lakhs. This varies by city, RTO charges, and the specific variant or customization chosen.
What are the different variants available for the Gkon Super Deluxe and how do they differ in price?
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Variants include different load body lengths and engine tunings. Prices vary by approximately 50,000 to 1 lakh based on specifications and added features.
Are there attractive EMI options or financing schemes available for purchasing the Gkon Super Deluxe?
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Yes, various banks and financial institutions offer competitive EMI options with flexible repayment tenures. This makes purchasing the Gkon Super Deluxe highly accessible for businesses.
What is the expected resale value of the Gkon Super Deluxe after a few years of usage in India?
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The Gkon Super Deluxe generally holds good resale value due to its durability and strong demand, often retaining 60-70% of its initial cost after 3-4 years.
Does the Gkon Super Deluxe qualify for any government subsidies or tax benefits for commercial vehicles?
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It may qualify for certain state-specific subsidies or tax benefits. Eligibility depends on local government policies and the vehicle's specific emission standards and category.
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Finance
Gkon Super Deluxe EMI
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