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.
Piaggio Ape E Xtra FX Max
Ex-Showroom Price
₹3.49L
Key Specifications
GVW
975 kg
Power
9.55 kW
Finance
Piaggio Ape E Xtra FX Max EMI Calculator
Select Variant
Piaggio Ape E Xtra FX Max (₹3,49,000)
Credit Score EstimatorAuto-adjusts interest rate
Down PaymentLoanInterest
Monthly EMI
₹5,191
Down Payment₹1,04,700
Loan Principal₹2,44,300
Total Interest₹67,160
Total Cost₹4,16,160
Share Your EMI
₹
₹1,00,000₹3,49,000
₹
₹0₹2,49,000
%
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 (₹5,191) with lowest total interest.
Lender Comparison— ₹2,44,300 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹5,013 |
SBI | 8.75% | ₹0 | ₹5,042 |
ICICI Bank | 9.1% | ₹3,999 | ₹5,084 |
HDFC Bank | 9.25% | ₹3,500 | ₹5,101 |
Axis Bank | 9.5% | ₹3,500 | ₹5,131 |
* 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
Piaggio Ape E Xtra FX Max Price FAQs
What is the on-road price of the Piaggio Ape E Xtra Fx Max in major Indian cities?
+−
The on-road price varies by city and state subsidies, typically ranging from INR 3.5 Lakhs to INR 4.5 Lakhs depending on specific configurations and local taxes.
Are there different variants available for the Piaggio Ape E Xtra Fx Max?
+−
Yes, it is primarily available in a fixed battery variant, with options possibly differing in cargo body type or specific accessory fitments for various applications.
What are the EMI options available for purchasing the Piaggio Ape E Xtra Fx Max?
+−
Financial institutions offer various EMI schemes with competitive interest rates and flexible tenures, making it accessible for small businesses and individuals.
What is the expected resale value of the Piaggio Ape E Xtra Fx Max?
+−
As an electric vehicle, its resale value is emerging. Good battery health and vehicle condition will fetch better returns, benefiting from the growing EV market.
Are there any government subsidies available for purchasing the Piaggio Ape E Xtra Fx Max?
+−
Yes, many state governments offer FAME II subsidies and other incentives for electric vehicles, significantly reducing the initial purchase cost for buyers.
Brochure
Piaggio Ape E Xtra FX Max Brochure
Download for detailed specs, features & prices.
Finance
Piaggio Ape E Xtra FX Max EMI
Your estimated monthly EMI