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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OSM Rage Plus EMI Calculator
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OSM Rage Plus (₹3,40,000)
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Down PaymentLoanInterest
Monthly EMI
₹5,057
Down Payment₹1,02,000
Loan Principal₹2,38,000
Total Interest₹65,420
Total Cost₹4,05,420
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₹1,00,000₹3,40,000
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Increase down payment by ₹50,000 → EMI drops by ₹1,062 and you save ₹63,720 in total interest.
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Recommended: 5 Years
Balances affordable EMI (₹5,057) with lowest total interest.
Lender Comparison— ₹2,38,000 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹4,883 |
SBI | 8.75% | ₹0 | ₹4,912 |
ICICI Bank | 9.1% | ₹3,999 | ₹4,953 |
HDFC Bank | 9.25% | ₹3,500 | ₹4,970 |
Axis Bank | 9.5% | ₹3,500 | ₹4,999 |
* 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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OSM Rage Plus Price FAQs
What is the estimated on-road price range for the Osm Rage Plus in key Indian cities?
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The on-road price typically ranges from approximately Rs. 5.5 Lakhs to Rs. 7.5 Lakhs, varying based on location, taxes, and specific variant.
Are there different variants of the Osm Rage Plus available, and how do their prices differ?
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Yes, it comes in multiple variants like cargo, garbage tipper, and high deck, with prices differing based on body type and features.
What kind of EMI or financing options are typically available for purchasing the Osm Rage Plus?
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Numerous banks offer competitive EMI schemes and financing solutions, requiring a down payment and standard documentation for easy ownership.
How does the Osm Rage Plus perform in terms of resale value in the Indian market?
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Given its high demand, low running costs, and reliability, the Osm Rage Plus generally commands a good resale value in the used vehicle market.
What are the estimated annual maintenance costs for the Osm Rage Plus after the warranty period?
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Annual maintenance costs are considered economical due to accessible parts and straightforward servicing, contributing to lower ownership expenses.
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OSM Rage Plus EMI
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