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.
Finance
Tata 1012 LPT EMI Calculator
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Tata 1012 LPT (₹19,53,000)
Credit Score EstimatorAuto-adjusts interest rate
Down PaymentLoanInterest
Monthly EMI
₹29,047
Down Payment₹5,85,900
Loan Principal₹13,67,100
Total Interest₹3,75,720
Total Cost₹23,28,720
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₹1,00,000₹19,53,000
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Down Payment Insight
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 (₹29,047) with lowest total interest.
Lender Comparison— ₹13,67,100 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹28,049 |
SBI | 8.75% | ₹0 | ₹28,214 |
ICICI Bank | 9.1% | ₹3,999 | ₹28,446 |
HDFC Bank | 9.25% | ₹3,500 | ₹28,545 |
Axis Bank | 9.5% | ₹3,500 | ₹28,712 |
* 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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Tata 1012 LPT Price FAQs
What is the approximate on-road price of the Tata 1012 LPT in India?
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The on-road price of the Tata 1012 LPT typically ranges from INR 18 lakhs to INR 22 lakhs, varying by state, RTO charges, and specific body configurations chosen.
What are the main variants available for the Tata 1012 LPT?
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The primary variants differ based on wheelbase and deck length, offering choices like 14-foot, 17-foot, 19-foot, and 22-foot load bodies to suit diverse requirements.
Can I get an EMI option for purchasing a Tata 1012 LPT, and what is the typical down payment?
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Yes, financing options with EMIs are widely available. A typical down payment can range from 10% to 30% of the ex-showroom price, depending on lender terms.
What is the expected resale value of the Tata 1012 LPT?
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The Tata 1012 LPT generally holds a good resale value due to its popularity, robust build, and strong demand in the used commercial vehicle market in India.
Does the Tata 1012 LPT come with different engine options that affect its price?
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It primarily comes with a single, proven diesel engine platform. Price variations are mainly due to chassis configuration, wheelbase, and factory-fitted body options.
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Tata 1012 LPT EMI
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