
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.

Ex-Showroom Price
₹3.28L
Key Specifications
GVW
720 kg
Power
8 kW
Finance
Monthly EMI
₹4,879
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹4,711 |
SBI | 8.75% | ₹0 | ₹4,739 |
ICICI Bank | 9.1% | ₹3,999 | ₹4,778 |
HDFC Bank | 9.25% | ₹3,500 | ₹4,795 |
Axis Bank | 9.5% | ₹3,500 | ₹4,823 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The ex-showroom price for the Mahindra Treo Limited Edition typically starts from around ₹2.90 Lakhs onwards. This truck price can vary slightly based on the city, specific configuration, and prevailing government subsidies.
In Delhi, the approximate on-road price for the Mahindra Treo Limited Edition can range from ₹3.10 Lakhs to ₹3.35 Lakhs, after considering RTO charges, insurance, and potential FAME II subsidies. This truck price is highly competitive for an electric cargo vehicle.
While the initial ex-showroom price of the Mahindra Treo Limited Edition might be similar or slightly higher than some entry-level diesel cargo three-wheelers, its significantly lower running and maintenance costs lead to a much better total cost of ownership over its lifetime. This total truck price advantage is a key selling point.
Yes, the Mahindra Treo Limited Edition is eligible for government subsidies under schemes like FAME II (Faster Adoption and Manufacturing of Electric Vehicles) and various state-level EV policies. These subsidies significantly reduce the effective purchase price for buyers.
In Mumbai, the effective price of the Mahindra Treo Limited Edition, after accounting for Maharashtra state EV subsidies and FAME II, could be around ₹3.00 Lakhs to ₹3.25 Lakhs on-road. Specific discounts and dealer offers can further adjust this truck price.
Yes, Mahindra Finance and various banks offer attractive financing options for the Mahindra Treo Limited Edition, including low down payments and flexible EMI plans. While financing adds interest costs, it makes the initial purchase price more manageable.
In Bangalore, the Mahindra Treo Limited Edition's on-road price, including Karnataka state subsidies and other charges, generally falls in the range of ₹3.05 Lakhs to ₹3.30 Lakhs. It's advisable to check with local dealers for the most accurate and current truck price.
The "Limited Edition" aspect of the Mahindra Treo typically includes exclusive features, cosmetic enhancements, or bundled accessories, which may lead to a slightly premium price compared to the standard model. However, the added value often justifies this difference in truck price.
The Mahindra Treo Limited Edition boasts significantly lower maintenance costs compared to internal combustion engine vehicles, with fewer moving parts and no need for oil changes. This contributes to a highly economical overall ownership price.
Brochure
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Finance
Your estimated monthly EMI