
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
₹3.14L
Key Specifications
GVW
996 kg
Power
10 hp
Finance
Monthly EMI
₹4,671
| 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.
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Finance
Your estimated monthly EMI