Devam Ev King thumbnail

Devam Ev King

Ex-Showroom Price

₹1.61L

Key Specifications

GVW

682 kg

Power

1 hp

Devam Ev King EMI Calculator

Select Variant
Devam Ev King (₹1,61,000)
Credit Score EstimatorAuto-adjusts interest rate
Interest16%of total cost
Down PaymentLoanInterest

Monthly EMI

₹2,395

Down Payment48,300
Loan Principal1,12,700
Total Interest31,000
Total Cost1,92,000
Share Your EMI
₹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.
Recommended: 5 Years
Balances affordable EMI (₹2,395) with lowest total interest.

Lender Comparison— ₹1,12,700 · 5 yr · 10% base

Bank / NBFCRateProc. FeeEMI
BESTMahindra Finance
8.5%₹2,9992,313
SBI
8.75%₹02,326
ICICI Bank
9.1%₹3,9992,345
HDFC Bank
9.25%₹3,5002,354
Axis Bank
9.5%₹3,5002,367

* 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.

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.

Devam Ev King Brochure

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Devam Ev King EMI

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