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.
Truck loan planning
Godawari Eblu Rozee-E Auto L5M EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹3.45L
Fuel Type
Electric
Motor
L5M Auto
Finance
Godawari Eblu Rozee-E Auto L5M EMI Calculator
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
Select Variant
Price will update the EMI estimate
Godawari Eblu Rozee-E Auto L5M (₹3,45,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹5,132
Calculated on ₹2,41,500 loan at 10% for 5 years.
Down Payment
₹1,03,500
Loan Principal
₹2,41,500
Total Interest
₹66,420
Total Cost
₹4,11,420
Cost Breakup
Down Payment
₹1,03,500
Amount paid upfront before finance starts.
Loan
₹2,41,500
Interest
₹66,420
Share Your EMI
Loan inputs
Adjust Loan Details
Change down payment, tenure and rate to see the monthly EMI update instantly.
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₹1,00,000₹3,45,000
₹
₹0₹2,45,000
%
7%25%
Yr
1 Year7 Years
Down Payment Insight
Increase down payment by ₹50,000 → EMI drops by ₹1,063 and you save ₹63,780 in total interest.
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Recommended: 5 Years
Balances affordable EMI (₹5,132) with lowest total interest.
Lender Comparison— ₹2,41,500 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹4,955 |
SBI | 8.75% | ₹0 | ₹4,984 |
ICICI Bank | 9.1% | ₹3,999 | ₹5,025 |
HDFC Bank | 9.25% | ₹3,500 | ₹5,043 |
Axis Bank | 9.5% | ₹3,500 | ₹5,072 |
* 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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Godawari Eblu Rozee-E Auto L5M Price FAQs
What is the approximate on-road price of the Godawari Eblu Rozee E Auto L5m in India?
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The on-road price generally ranges from INR 3.5 lakhs to 3.8 lakhs, varying by state subsidies, RTO charges, and dealer-specific offers.
Are there different variants available for the Godawari Eblu Rozee E Auto L5m?
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It primarily comes in a single cargo variant, though customization options for the loading bay or specific body types might be available from dealers.
What are the typical EMI options and down payment requirements for purchasing the Godawari Eblu Rozee E Auto L5m?
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EMI options typically start from around INR 7,000 per month with a down payment of 20-30%, depending on the loan tenure and interest rates.
What is the potential resale value of the Godawari Eblu Rozee E Auto L5m?
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As an emerging segment, the resale value is still evolving, but electric vehicles generally retain good value due to their lower running and maintenance costs.
Are there any government subsidies or incentives available for purchasing the Godawari Eblu Rozee E Auto L5m?
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Yes, several state governments and the FAME II scheme offer subsidies and incentives, significantly reducing the effective purchase price for buyers.