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Terra Motors Pace-E Cargo EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹1.35L
Fuel Type
Electric
Motor
Electric Motor
Finance
Terra Motors Pace-E Cargo EMI Calculator
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
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Price will update the EMI estimate
Terra Motors Pace-E Cargo (₹1,35,000)
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Auto-adjusts interest rate
Estimated Monthly EMI
₹2,008
Calculated on ₹94,500 loan at 10% for 5 years.
Down Payment
₹40,500
Loan Principal
₹94,500
Total Interest
₹25,980
Total Cost
₹1,60,980
Cost Breakup
Down Payment
₹40,500
Amount paid upfront before finance starts.
Loan
₹94,500
Interest
₹25,980
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Loan inputs
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Change down payment, tenure and rate to see the monthly EMI update instantly.
₹
₹1,00,000₹1,35,000
₹
₹0₹35,000
%
7%25%
Yr
1 Year7 Years
✓
Recommended: 5 Years
Balances affordable EMI (₹2,008) with lowest total interest.
Lender Comparison— ₹94,500 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹1,939 |
SBI | 8.75% | ₹0 | ₹1,951 |
ICICI Bank | 9.1% | ₹3,999 | ₹1,967 |
HDFC Bank | 9.25% | ₹3,500 | ₹1,974 |
Axis Bank | 9.5% | ₹3,500 | ₹1,985 |
* 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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Terra Motors Pace-E Cargo Price FAQs
What is the ex-showroom price of the Terra Motors Pace E Cargo in India?
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The ex-showroom price of the Terra Motors Pace E Cargo typically ranges from ₹1.50 Lakh to ₹1.75 Lakh in India, depending on the variant and specific state policies. This competitive ex-showroom price makes it an attractive option for businesses.
What is the approximate on-road price of the Terra Motors Pace E Cargo?
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The approximate on-road price of the Terra Motors Pace E Cargo usually falls between ₹1.70 Lakh to ₹2.00 Lakh, which includes registration, insurance, and other charges. The actual on-road price can vary slightly by city and state, so checking with a local dealer is advised.
Does the Terra Motors Pace E Cargo price benefit from any government subsidies?
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Yes, the Terra Motors Pace E Cargo price often benefits from central and state government subsidies under schemes like FAME II, significantly reducing the effective purchase price for buyers. This makes the electric cargo vehicle even more affordable and accessible.
What is the price of the Terra Motors Pace E Cargo in major cities like Delhi?
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In Delhi, the price of the Terra Motors Pace E Cargo (on-road) typically ranges from ₹1.65 Lakh to ₹1.95 Lakh, benefiting from local EV policies and subsidies. This competitive price makes it an accessible choice for businesses in the NCR region looking for an efficient cargo solution.
How does the Terra Motors Pace E Cargo's price compare to diesel 3-wheeler cargo vehicles?
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The initial Terra Motors Pace E Cargo's price might be slightly higher than some entry-level diesel 3-wheelers, but its significantly lower running and maintenance costs lead to a much better total cost of ownership over its lifespan. This makes the electric price very competitive long-term.
Are there financing options available for the Terra Motors Pace E Cargo price?
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Yes, various financing options are available from banks and NBFCs for the Terra Motors Pace E Cargo, making its purchase price more manageable with flexible EMI plans. We recommend checking with your nearest dealer for current schemes and financing details.
What is the price for the Terra Motors Pace E Cargo in Bangalore?
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In Bangalore, the on-road price for the Terra Motors Pace E Cargo generally ranges from ₹1.75 Lakh to ₹2.05 Lakh, considering state taxes and potential subsidies. This makes the Terra Motors Pace E Cargo price an attractive proposition for Karnataka-based businesses seeking an electric cargo vehicle.
What is the approximate price of the Terra Motors Pace E Cargo in Mumbai?
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The approximate on-road price of the Terra Motors Pace E Cargo in Mumbai is usually between ₹1.70 Lakh to ₹2.00 Lakh, benefiting from Maharashtra's EV incentives. This competitive price makes the Pace E Cargo a compelling option for Mumbai's bustling logistics sector.
Is the Terra Motors Pace E Cargo an affordable option for small businesses?
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Yes, the Terra Motors Pace E Cargo is indeed an extremely affordable option for small businesses, especially when considering the significant savings on fuel and maintenance over its operational life. Its attractive purchase price combined with low operational costs makes it highly accessible and profitable for businesses looking to electrify their fleet.