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.
Truck loan planning
OSM M1KA 3.0 EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹17.35L
Fuel Type
Electric
Motor
Permanent Magnet Synchronous
Finance
OSM M1KA 3.0 EMI Calculator
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
Select Variant
Price will update the EMI estimate
OSM M1KA 3.0 (₹17,35,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹25,805
Calculated on ₹12,14,500 loan at 10% for 5 years.
Down Payment
₹5,20,500
Loan Principal
₹12,14,500
Total Interest
₹3,33,800
Total Cost
₹20,68,800
Cost Breakup
Down Payment
₹5,20,500
Amount paid upfront before finance starts.
Loan
₹12,14,500
Interest
₹3,33,800
Share Your EMI
Loan inputs
Adjust Loan Details
Change down payment, tenure and rate to see the monthly EMI update instantly.
₹
₹1,00,000₹17,35,000
₹
₹0₹16,35,000
%
7%25%
Yr
1 Year7 Years
Down Payment Insight
Increase down payment by ₹50,000 → EMI drops by ₹1,062 and you save ₹63,720 in total interest.
✓
Recommended: 5 Years
Balances affordable EMI (₹25,805) with lowest total interest.
Lender Comparison— ₹12,14,500 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹24,918 |
SBI | 8.75% | ₹0 | ₹25,064 |
ICICI Bank | 9.1% | ₹3,999 | ₹25,271 |
HDFC Bank | 9.25% | ₹3,500 | ₹25,359 |
Axis Bank | 9.5% | ₹3,500 | ₹25,507 |
* 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.
News
Truck News
OSM M1KA 3.0 Price FAQs
What is the price of the Osm M1ka 30 in India?
+−
The ex-showroom price of the Osm M1ka 30 in India typically ranges from ₹7.25 Lakhs to ₹7.80 Lakhs, depending on the variant and region. Please contact your nearest dealer for the most accurate on-road price.
What is the on-road price of the Osm M1ka 30 in Delhi?
+−
The on-road price for the Osm M1ka 30 in Delhi is approximately between ₹8.20 Lakhs to ₹8.80 Lakhs, inclusive of RTO, insurance, and other charges. This price can vary slightly based on specific taxes and dealer offers.
How much does the Osm M1ka 30 cost in Mumbai?
+−
In Mumbai, the on-road price of the Osm M1ka 30 generally falls in the range of ₹8.40 Lakhs to ₹9.00 Lakhs, reflecting local taxes and registration fees. For a precise price, visiting an authorized dealer is recommended.
What factors influence the final on-road price of the Osm M1ka 30?
+−
The final on-road price of the Osm M1ka 30 is influenced by ex-showroom price, RTO charges, insurance costs, road tax, and any optional accessories or financing schemes. Regional variations also play a role in the total price.
Is there any financing option available for the Osm M1ka 30, and how does it affect the total price?
+−
Yes, attractive financing options are available for the Osm M1ka 30 from various banks and financial institutions. While financing doesn't change the vehicle's base price, interest rates and processing fees will add to your overall repayment cost.
What is the expected price range for spare parts of the Osm M1ka 30?
+−
The spare parts for the Osm M1ka 30 are competitively priced, ensuring economical maintenance costs for owners. Specific part prices can be obtained from authorized service centers, which is crucial for overall running cost assessment.
What is the Osm M1ka 30 price in Bangalore?
+−
The on-road Osm M1ka 30 price in Bangalore typically ranges from ₹8.35 Lakhs to ₹8.95 Lakhs, including Karnataka state taxes and registration. It's best to confirm the current price with local dealerships.
Are there different variants of the Osm M1ka 30, and how do they impact the price?
+−
Yes, the Osm M1ka 30 might come in different load body configurations or feature sets, which can slightly affect the ex-showroom price. Higher-spec variants or custom body options will generally have a higher price.
How does the running cost compare to the initial price of the Osm M1ka 30?
+−
The Osm M1ka 30 offers a highly competitive initial price, and its excellent fuel efficiency, affordable spare parts, and low maintenance contribute to a very attractive total cost of ownership. This makes the overall investment viable beyond just the purchase price.