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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Mahindra Treo Plus EMI Calculator
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Mahindra Treo Plus (₹3,69,000)
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Down PaymentLoanInterest
Monthly EMI
₹5,489
Down Payment₹1,10,700
Loan Principal₹2,58,300
Total Interest₹71,040
Total Cost₹4,40,040
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₹1,00,000₹3,69,000
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Increase down payment by ₹50,000 → EMI drops by ₹1,063 and you save ₹63,780 in total interest.
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Recommended: 5 Years
Balances affordable EMI (₹5,489) with lowest total interest.
Lender Comparison— ₹2,58,300 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹5,300 |
SBI | 8.75% | ₹0 | ₹5,331 |
ICICI Bank | 9.1% | ₹3,999 | ₹5,375 |
HDFC Bank | 9.25% | ₹3,500 | ₹5,394 |
Axis Bank | 9.5% | ₹3,500 | ₹5,425 |
* 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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Mahindra Treo Plus Price FAQs
What is the estimated price of the Mahindra Treo Plus electric truck in India?
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The ex-showroom price of the Mahindra Treo Plus typically starts from around ₹3.69 Lakhs in India. However, the final on-road price can vary based on state subsidies, RTO charges, and insurance, making it a competitive electric truck.
What is the on-road price of Mahindra Treo Plus?
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The Mahindra Treo Plus on-road price ranges from ₹4.09 lakh to ₹4.18 lakh in most Indian cities. In Delhi, after the April 2026 EV Policy 2026-2030 subsidy of ₹50,000 plus road tax waiver, the effective on-road price drops to roughly ₹3.19 lakh — or ₹2.94 lakh if you also claim the ₹25,000 scrappage incentive.
What is the EMI for Mahindra Treo Plus?
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The typical Mahindra Treo Plus EMI is around ₹7,134 per month at 10.5% interest over a 60-month tenure, with a down payment of about ₹37,000. Your final rate depends on credit profile and lender — Mahindra Finance, Cholamandalam, and Tata Capital are the most common options.
Is Mahindra Treo Plus eligible for Delhi EV subsidy?
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es. Under the draft Delhi EV Policy 2026-2030 released on April 11, 2026, the Mahindra Treo Plus qualifies for a ₹50,000 Year 1 purchase incentive as an L5M electric three-wheeler, plus a ₹25,000 scrappage incentive if you're replacing an old CNG or petrol auto.
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Mahindra Treo Plus EMI
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