
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
₹3.28L
Fuel Type
Diesel
Power
9 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
₹4,879
Calculated on ₹2,29,600 loan at 10% for 5 years.
Down Payment
₹98,400
Loan Principal
₹2,29,600
Total Interest
₹63,140
Total Cost
₹3,91,140
Cost Breakup
₹98,400
Amount paid upfront before finance starts.
₹2,29,600
₹63,140
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 | ₹4,711 |
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.