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
Montra Electric Super Auto EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹3.77L
Fuel Type
Electric
Motor
PMSM
Finance
Montra Electric Super Auto EMI Calculator
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
Select Variant
Price will update the EMI estimate
Montra Electric Super Auto (₹3,77,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹5,608
Calculated on ₹2,63,900 loan at 10% for 5 years.
Down Payment
₹1,13,100
Loan Principal
₹2,63,900
Total Interest
₹72,580
Total Cost
₹4,49,580
Cost Breakup
Down Payment
₹1,13,100
Amount paid upfront before finance starts.
Loan
₹2,63,900
Interest
₹72,580
Share Your EMI
Loan inputs
Adjust Loan Details
Change down payment, tenure and rate to see the monthly EMI update instantly.
₹
₹1,00,000₹3,77,000
₹
₹0₹2,77,000
%
7%25%
Yr
1 Year7 Years
Down Payment Insight
Increase down payment by ₹50,000 → EMI drops by ₹1,063 and you save ₹63,780 in total interest.
✓
Recommended: 5 Years
Balances affordable EMI (₹5,608) with lowest total interest.
Lender Comparison— ₹2,63,900 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹5,415 |
SBI | 8.75% | ₹0 | ₹5,447 |
ICICI Bank | 9.1% | ₹3,999 | ₹5,491 |
HDFC Bank | 9.25% | ₹3,500 | ₹5,511 |
Axis Bank | 9.5% | ₹3,500 | ₹5,543 |
* 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
Montra Electric Super Auto Price FAQs
What is the price of the Montra Electric Super Auto in India?
+−
The ex-showroom price for the Montra Electric Super Auto typically ranges from approximately ₹3.00 Lakhs to ₹3.50 Lakhs in India. The final on-road electric auto price will vary based on state subsidies, RTO charges, and insurance.
How does the Montra Electric Super Auto price compare to traditional petrol/diesel cargo autos?
+−
While the initial ex-showroom price of the Montra Electric Super Auto might be slightly higher than traditional fuel-powered cargo autos, its significantly lower running and maintenance costs offer substantial savings over its lifespan. This makes the total cost of ownership very competitive for the electric auto price.
Are there any government subsidies available that affect the Montra Electric Super Auto price?
+−
Yes, the Montra Electric Super Auto is eligible for various state and central government subsidies under schemes like FAME-II, which can significantly reduce the effective purchase price for buyers. It's advisable to check current subsidy schemes in your state to understand the final electric cargo price.
What is the approximate on-road price of the Montra Electric Super Auto in Delhi?
+−
The approximate on-road price for the Montra Electric Super Auto in Delhi, after considering subsidies, RTO, and insurance, can range from ₹3.15 Lakhs to ₹3.65 Lakhs. This Delhi electric auto price is subject to change based on government policies.
What is the approximate on-road price of the Montra Electric Super Auto in Mumbai?
+−
In Mumbai, the on-road price for the Montra Electric Super Auto typically falls between ₹3.20 Lakhs and ₹3.70 Lakhs, including applicable subsidies, registration, and insurance. This Mumbai electric cargo auto price provides excellent value for urban logistics.
Can I get financing options for the Montra Electric Super Auto price?
+−
Yes, most leading banks and financial institutions offer attractive financing options and loans for the Montra Electric Super Auto, making the purchase more accessible. You can inquire about flexible EMIs to manage the electric auto price effectively.
Are there any hidden costs associated with the Montra Electric Super Auto price after purchase?
+−
Beyond the initial price and standard insurance/registration, the Montra Electric Super Auto has very few hidden costs, mainly comprising electricity charges for charging and routine low-cost maintenance. This transparency in long-term ownership makes the electric cargo auto price even more appealing.
What is the approximate on-road price of the Montra Electric Super Auto in Bangalore?
+−
For Bangalore, the on-road price of the Montra Electric Super Auto can be estimated between ₹3.25 Lakhs and ₹3.75 Lakhs, factoring in state-specific taxes, subsidies, and other charges. This competitive Bangalore electric auto price helps businesses save on operational costs.