
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
₹3.28L
Key Specifications
GVW
980 kg
Power
9 hp
Finance
Monthly EMI
₹4,879
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹4,711 |
SBI | 8.75% | ₹0 | ₹4,739 |
ICICI Bank | 9.1% | ₹3,999 | ₹4,778 |
HDFC Bank | 9.25% | ₹3,500 | ₹4,795 |
Axis Bank | 9.5% | ₹3,500 | ₹4,823 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The ex-showroom price typically ranges from 4.5 to 5.5 lakh INR, depending on the variant and city of purchase in India.
Generally, there are few variants mainly differing in cargo deck length or fuel type (diesel/CNG), with slight price variations accordingly.
Down payments usually start from 50,000 INR, with EMI options available over 3-5 years, subject to financial institution terms and conditions.
It generally holds a decent resale value due to its reliability, low running costs, and strong demand in the used commercial vehicle market.
On-road prices range from 5.0 to 6.0 lakh INR, including RTO, insurance, and other charges, varying by state and city specific regulations.
Brochure
Download for detailed specs, features & prices.
Finance
Your estimated monthly EMI