
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
₹1.08L
Key Specifications
GVW
750 kg
Power
1 hp
Finance
Monthly EMI
₹1,607
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹1,552 |
SBI | 8.75% | ₹0 | ₹1,561 |
ICICI Bank | 9.1% | ₹3,999 | ₹1,574 |
HDFC Bank | 9.25% | ₹3,500 | ₹1,579 |
Axis Bank | 9.5% | ₹3,500 | ₹1,588 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The on-road price typically ranges from INR 3.0 to 3.5 lakhs, varying by state taxes, registration fees, and specific variant features.
Yes, it generally comes in a few variants, possibly differing in battery capacity, load body type, or basic feature sets to suit varied needs.
Many financial institutions offer flexible EMI plans with down payments and tenure options, making it accessible for small business owners and individuals.
As an electric vehicle, its resale value is emerging. It largely depends on battery health, market demand, and overall vehicle condition at sale time.
Yes, buyers often benefit from state and central government EV subsidies and tax exemptions under schemes like FAME II, reducing the overall purchase cost.
Brochure
Download for detailed specs, features & prices.
Finance
Your estimated monthly EMI