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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Kaptech Passenger E-Rickshaw EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹90.00 K
Fuel Type
Electric
Motor
BLDC Motor
Finance
Kaptech Passenger E-Rickshaw EMI Calculator
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
Select Variant
Price will update the EMI estimate
Kaptech Passenger E-Rickshaw (₹90,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹1,339
Calculated on ₹63,000 loan at 10% for 5 years.
Down Payment
₹27,000
Loan Principal
₹63,000
Total Interest
₹17,340
Total Cost
₹1,07,340
Cost Breakup
Down Payment
₹27,000
Amount paid upfront before finance starts.
Loan
₹63,000
Interest
₹17,340
Share Your EMI
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₹90,000
₹
₹0₹-10,000
%
7%25%
Yr
1 Year7 Years
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Recommended: 5 Years
Balances affordable EMI (₹1,339) with lowest total interest.
Lender Comparison— ₹63,000 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹1,293 |
SBI | 8.75% | ₹0 | ₹1,301 |
ICICI Bank | 9.1% | ₹3,999 | ₹1,311 |
HDFC Bank | 9.25% | ₹3,500 | ₹1,316 |
Axis Bank | 9.5% | ₹3,500 | ₹1,324 |
* 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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Kaptech Passenger E-Rickshaw Price FAQs
What is the approximate ex-showroom price of the Kaptech Passenger E Rickshaw in India?
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The ex-showroom Kaptech Passenger E Rickshaw price in India typically ranges from ₹1.2 Lakh to ₹1.6 Lakh. This makes it an affordable and accessible entry point for entrepreneurs looking to invest in commercial passenger transport.
What is the on-road price of the Kaptech Passenger E Rickshaw, including taxes and registration?
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The on-road price for the Kaptech Passenger E Rickshaw varies by state due to different RTO charges, insurance, and potential subsidies. It generally falls between ₹1.3 Lakh to ₹1.8 Lakh, but we recommend checking with local dealers for exact figures specific to your region.
Are there any government subsidies available for purchasing the Kaptech Passenger E Rickshaw?
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Yes, the Indian government often offers various subsidies and incentives for electric vehicles, which can significantly reduce the overall truck price. Be sure to check state-specific policies and the FAME-II scheme benefits to maximize your savings on this e-rickshaw.
What are the financing options available for buying this E Rickshaw?
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Many banks and financial institutions offer attractive loan schemes and easy EMI options for the Kaptech Passenger E Rickshaw. This helps make the purchase accessible, allowing you to spread the cost over convenient monthly payments and start earning sooner.
How does the total cost of ownership compare to traditional fuel-powered rickshaws?
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The total cost of ownership for the Kaptech Passenger E Rickshaw is significantly lower due to its high mileage, minimal fuel expenses, and reduced maintenance requirements. This makes it a very cost-effective long-term investment, offering excellent returns.
What factors influence the final Kaptech Passenger E Rickshaw price?
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The final Kaptech Passenger E Rickshaw price depends on factors like the battery type (e.g., lead-acid vs. lithium-ion), specific model variant, optional accessories chosen, available government subsidies, and regional taxes. Always get a detailed, itemized quote from authorized dealerships.
Is the Kaptech Passenger E Rickshaw a good value for its price?
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Given its low running costs, high reliability, eco-friendliness, and potential for steady earnings, the Kaptech Passenger E Rickshaw offers excellent value for its truck price in India. It's considered a smart and profitable investment for commercial use.
Can I get a detailed price quote for the Kaptech Passenger E Rickshaw on TruckOnWheels?
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While TruckOnWheels provides general price ranges and comprehensive information, for a precise and personalized Kaptech Passenger E Rickshaw price quote, we recommend contacting an authorized dealer directly through our platform. They can offer the most accurate current pricing and financing details.