Piaggio and SBI Signed an MoU to Offer Intrest Free Auto Loans in UP
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Devam Ev King EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.61L
Fuel Type
Electric
Motor
BLDC Motor
Finance
Devam Ev King 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
Devam Ev King (₹1,61,000)
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Auto-adjusts interest rate
Estimated Monthly EMI
₹2,395
Calculated on ₹1,12,700 loan at 10% for 5 years.
Down Payment
₹48,300
Loan Principal
₹1,12,700
Total Interest
₹31,000
Total Cost
₹1,92,000
Cost Breakup
Down Payment
₹48,300
Amount paid upfront before finance starts.
Loan
₹1,12,700
Interest
₹31,000
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Loan inputs
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Change down payment, tenure and rate to see the monthly EMI update instantly.
₹
₹1,00,000₹1,61,000
₹
₹0₹61,000
%
7%25%
Yr
1 Year7 Years
Down Payment Insight
Increase down payment by ₹50,000 → EMI drops by ₹270 and you save ₹16,200 in total interest.
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Recommended: 5 Years
Balances affordable EMI (₹2,395) with lowest total interest.
Lender Comparison— ₹1,12,700 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹2,313 |
SBI | 8.75% | ₹0 | ₹2,326 |
ICICI Bank | 9.1% | ₹3,999 | ₹2,345 |
HDFC Bank | 9.25% | ₹3,500 | ₹2,354 |
Axis Bank | 9.5% | ₹3,500 | ₹2,367 |
* 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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Devam Ev King Price FAQs
What is the approximate price of the Devam Ev King in India?
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The approximate ex-showroom price of the Devam Ev King in India starts from around ₹14.5 Lakhs. This price is competitive for an electric light commercial vehicle offering such features and payload capacity.
What is the Devam Ev King price in major cities like Mumbai and Delhi?
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The ex-showroom Devam Ev King price in Mumbai is approximately ₹14.65 Lakhs, and in Delhi, it's around ₹14.40 Lakhs. These city-specific prices may vary slightly due to local taxes and subsidies.
Does the Devam Ev King price include FAME II subsidies?
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The listed ex-showroom Devam Ev King price is generally before the application of FAME II subsidies. Customers can avail significant savings under the FAME II scheme, which will reduce the effective on-road price considerably for eligible buyers.
What financing options are available for purchasing the Devam Ev King?
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Various financing options are available for the Devam Ev King, including attractive loan schemes from leading banks and financial institutions, often with special interest rates for electric vehicles. Dealerships can provide detailed information on these financing solutions.
How does the running cost influence the overall Devam Ev King price consideration?
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The significantly lower running costs, due to cheaper electricity compared to diesel and reduced maintenance, play a crucial role in the overall Devam Ev King price consideration. Over its lifetime, the total cost of ownership is much lower, making it a smart investment.
What is the ex-showroom price of the base model Devam Ev King?
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The ex-showroom price for the base model of the Devam Ev King is typically around ₹14.25 Lakhs. This competitive starting price makes electric mobility accessible for businesses.
Is the Devam Ev King price competitive compared to traditional diesel trucks in its segment?
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While the upfront Devam Ev King price might be slightly higher than some diesel counterparts, its long-term operational savings, including fuel and maintenance, make it highly competitive. The total cost of ownership over 3-5 years often proves the Devam Ev King to be more economical.
What is the Devam Ev King price in Bangalore and Chennai?
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The ex-showroom Devam Ev King price in Bangalore is approximately ₹14.70 Lakhs, and in Chennai, it's around ₹14.60 Lakhs. These prices are indicative and subject to change based on state and local regulations, including potential state EV subsidies.