
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
₹1.46L
Fuel Type
Electric
Motor
BLDC Motor
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
₹2,172
Calculated on ₹1,02,200 loan at 10% for 5 years.
Down Payment
₹43,800
Loan Principal
₹1,02,200
Total Interest
₹28,120
Total Cost
₹1,74,120
Cost Breakup
₹43,800
Amount paid upfront before finance starts.
₹1,02,200
₹28,120
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 | ₹2,097 |
SBI | 8.75% | ₹0 | ₹2,110 |
ICICI Bank | 9.1% | ₹3,999 | ₹2,127 |
HDFC Bank | 9.25% | ₹3,500 | ₹2,134 |
Axis Bank | 9.5% | ₹3,500 | ₹2,147 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The ex-showroom price typically ranges from INR 1.2 lakhs to 1.5 lakhs. This figure can vary based on the city, specific dealer, and any ongoing promotional offers.
Yes, typically there are passenger and cargo variants. Cargo models might be slightly more expensive due to their specialized chassis and loading area, usually a small price increment.
EMI options are flexible. Generally, a down payment of 10-20% is required, with repayment periods extending from 12 to 36 months, depending on financing schemes.
The on-road price usually falls between INR 1.5 lakhs to 1.8 lakhs. This includes RTO registration, insurance, road tax, and other local charges, varying by location.
The Greenrick generally maintains a good resale value, especially with proper battery maintenance. The increasing demand for electric commercial vehicles contributes positively to its market standing.