
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
₹1.55L
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
₹2,306
Calculated on ₹1,08,500 loan at 10% for 5 years.
Down Payment
₹46,500
Loan Principal
₹1,08,500
Total Interest
₹29,860
Total Cost
₹1,84,860
Cost Breakup
₹46,500
Amount paid upfront before finance starts.
₹1,08,500
₹29,860
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 | ₹2,227 |
SBI | 8.75% | ₹0 | ₹2,240 |
ICICI Bank | 9.1% | ₹3,999 | ₹2,258 |
HDFC Bank | 9.25% | ₹3,500 | ₹2,266 |
Axis Bank | 9.5% | ₹3,500 | ₹2,279 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The on-road price typically ranges from approximately INR 4.5 to 5.5 lakhs, varying by city, RTO charges, insurance costs, and additional accessories chosen by the buyer.
While often a single standard model, minor variants might exist, usually differing by load body type or basic features, with only slight price variations between them.
EMI options are widely available through various financial institutions. Down payments and interest rates largely determine monthly installments over the chosen loan tenure for buyers.
Resale value is generally decent for well-maintained units, reflecting its durability and demand in the used commercial vehicle market, varying by age, condition, and kilometers driven.
Yes, it usually comes with a standard manufacturer's warranty, covering specific components for a certain period or mileage, ensuring initial peace of mind for the owner.