Piaggio and SBI Signed an MoU to Offer Intrest Free Auto Loans in UP
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.
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Jitendra JET 650 Passenger EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹2.00L
Fuel Type
Electric
Motor
BLDC Motor
Finance
Jitendra JET 650 Passenger EMI Calculator
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
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Price will update the EMI estimate
Jitendra JET 650 Passenger (₹2,00,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹2,975
Calculated on ₹1,40,000 loan at 10% for 5 years.
Down Payment
₹60,000
Loan Principal
₹1,40,000
Total Interest
₹38,500
Total Cost
₹2,38,500
Cost Breakup
Down Payment
₹60,000
Amount paid upfront before finance starts.
Loan
₹1,40,000
Interest
₹38,500
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Loan inputs
Adjust Loan Details
Change down payment, tenure and rate to see the monthly EMI update instantly.
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₹1,00,000₹2,00,000
₹
₹0₹1,00,000
%
7%25%
Yr
1 Year7 Years
Down Payment Insight
Increase down payment by ₹50,000 → EMI drops by ₹850 and you save ₹51,000 in total interest.
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Recommended: 5 Years
Balances affordable EMI (₹2,975) with lowest total interest.
Lender Comparison— ₹1,40,000 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹2,873 |
SBI | 8.75% | ₹0 | ₹2,890 |
ICICI Bank | 9.1% | ₹3,999 | ₹2,913 |
HDFC Bank | 9.25% | ₹3,500 | ₹2,924 |
Axis Bank | 9.5% | ₹3,500 | ₹2,941 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
- Processing fee and other loan charges are not included in this calculation.
- The calculated EMI assumes 10% interest rate. Actual rate may vary based on your credit profile and lender.
- Loan approval is at the sole discretion of the finance partner.
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Jitendra JET 650 Passenger Price FAQs
What is the estimated on-road price of the Jitendra Jet 650 Passenger in major Indian cities?
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The on-road price typically ranges from INR 4.5 to 5.5 lakhs, varying based on location, taxes, and specific dealer charges.
Are there different variants available for the Jet 650 Passenger, and how do they differ in price?
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Currently, the Jet 650 Passenger mostly comes in a standard configuration, focusing on practicality and cost-effectiveness. Price differences are minimal.
What are the typical EMI options and down payment requirements for purchasing this vehicle?
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EMI options are flexible, with down payments starting from 10-20% and monthly installments depending on the loan tenure and interest rates.
What is the expected resale value of the Jitendra Jet 650 Passenger after a few years of use?
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The Jitendra Jet 650 Passenger generally holds a good resale value due to its durability, low running costs, and consistent demand in the commercial segment.
Are there any current offers or subsidies available for purchasing the Jet 650 Passenger?
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Buyers should check with local dealerships for any ongoing festive offers, finance schemes, or state government subsidies that might be applicable.