Piaggio and SBI Signed an MoU to Offer Intrest Free Auto Loans in UP
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Gopal Auto Motors Electric Rickshaw EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.50L
Fuel Type
Electric
Motor
Brushless Motor
Finance
Gopal Auto Motors Electric Rickshaw EMI Calculator
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
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Price will update the EMI estimate
Gopal Auto Motors Electric Rickshaw (₹1,50,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹2,231
Calculated on ₹1,05,000 loan at 10% for 5 years.
Down Payment
₹45,000
Loan Principal
₹1,05,000
Total Interest
₹28,860
Total Cost
₹1,78,860
Cost Breakup
Down Payment
₹45,000
Amount paid upfront before finance starts.
Loan
₹1,05,000
Interest
₹28,860
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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₹1,50,000
₹
₹0₹50,000
%
7%25%
Yr
1 Year7 Years
Down Payment Insight
Increase down payment by ₹50,000 → EMI drops by ₹106 and you save ₹6,360 in total interest.
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Recommended: 5 Years
Balances affordable EMI (₹2,231) with lowest total interest.
Lender Comparison— ₹1,05,000 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹2,155 |
SBI | 8.75% | ₹0 | ₹2,167 |
ICICI Bank | 9.1% | ₹3,999 | ₹2,185 |
HDFC Bank | 9.25% | ₹3,500 | ₹2,193 |
Axis Bank | 9.5% | ₹3,500 | ₹2,206 |
* 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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Gopal Auto Motors Electric Rickshaw Price FAQs
What is the approximate on-road price of the Gopal Auto Motors Electric Rickshaw in India?
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Prices typically start from around INR 1.20 lakh to 1.80 lakh, varying by city, variant, battery type, and local subsidies available.
Are there different variants available, and how do they impact the price?
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Yes, variants exist for passenger and cargo use, with different battery capacities or features. These options directly influence the final price point.
What are the available EMI options for purchasing the Gopal Auto Motors Electric Rickshaw?
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Many dealers offer attractive EMI schemes through financial partners. Down payment and tenure options vary, making it accessible for buyers.
What is the expected resale value of this electric rickshaw after a few years?
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Electric vehicle resale values are evolving. With proper maintenance and battery care, it can hold a reasonable resale value, given the growing EV market.
Does the price include the battery, or is it a separate cost?
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Typically, the quoted on-road price includes the battery. However, always confirm with the dealer, as some schemes might offer battery on lease.