
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
₹3.14L
Fuel Type
CNG
Power
10 hp
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
₹4,671
Calculated on ₹2,19,800 loan at 10% for 5 years.
Down Payment
₹94,200
Loan Principal
₹2,19,800
Total Interest
₹60,460
Total Cost
₹3,74,460
Cost Breakup
₹94,200
Amount paid upfront before finance starts.
₹2,19,800
₹60,460
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 | ₹4,510 |
SBI | 8.75% | ₹0 | ₹4,537 |
ICICI Bank | 9.1% | ₹3,999 | ₹4,574 |
HDFC Bank | 9.25% | ₹3,500 | ₹4,590 |
Axis Bank | 9.5% | ₹3,500 | ₹4,617 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The on-road price typically ranges from approximately Rs. 4.0 lakhs to Rs. 4.5 lakhs, varying based on location, taxes, and specific dealer offers.
Usually, it comes in a single standard cargo variant. Any price differences are primarily due to regional taxes, optional accessories, or specific dealer packages.
Financing options are readily available from banks and NBFCs, with EMIs starting from around Rs. 8,000-10,000 per month, depending on down payment and loan tenure.
It generally holds good resale value due to its robust build, reliability, and persistent demand in the used commercial vehicle market, making it a sound investment.
Dealers often offer seasonal discounts, exchange bonuses, or special financing schemes. It is advisable to check with local dealerships for current promotions.