Terra Motors Pace-E Cargo thumbnail

Terra Motors Pace-E Cargo

Ex-Showroom Price

₹1.35L

Key Specifications

GVW

336 kg

Power

1 hp

Terra Motors Pace-E Cargo EMI Calculator

Select Variant
Terra Motors Pace-E Cargo (₹1,35,000)
Credit Score EstimatorAuto-adjusts interest rate
Interest16%of total cost
Down PaymentLoanInterest

Monthly EMI

₹2,008

Down Payment40,500
Loan Principal94,500
Total Interest25,980
Total Cost1,60,980
Share Your EMI
₹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 / NBFCRateProc. FeeEMI
BESTMahindra Finance
8.5%₹2,9991,939
SBI
8.75%₹01,951
ICICI Bank
9.1%₹3,9991,967
HDFC Bank
9.25%₹3,5001,974
Axis Bank
9.5%₹3,5001,985

* 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.

Terra Motors Pace-E Cargo Price FAQs

What is the ex-showroom price of the Terra Motors Pace E Cargo in India?

+

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?

+

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?

+

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?

+

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?

+

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?

+

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?

+

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?

+

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?

+

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.

Terra Motors Pace-E Cargo Brochure

Download for detailed specs, features & prices.

Terra Motors Pace-E Cargo EMI

Your estimated monthly EMI