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.
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Tata 1512 LPT EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹23.40L
Fuel Type
Diesel
Power
167 hp
Finance
Tata 1512 LPT EMI Calculator
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
Select Variant
Price will update the EMI estimate
Tata 1512 LPT (₹23,40,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹34,803
Calculated on ₹16,38,000 loan at 10% for 5 years.
Down Payment
₹7,02,000
Loan Principal
₹16,38,000
Total Interest
₹4,50,180
Total Cost
₹27,90,180
Cost Breakup
Down Payment
₹7,02,000
Amount paid upfront before finance starts.
Loan
₹16,38,000
Interest
₹4,50,180
Share Your EMI
Loan inputs
Adjust Loan Details
Change down payment, tenure and rate to see the monthly EMI update instantly.
₹
₹1,00,000₹23,40,000
₹
₹0₹22,40,000
%
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.
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Recommended: 5 Years
Balances affordable EMI (₹34,803) with lowest total interest.
Lender Comparison— ₹16,38,000 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹33,607 |
SBI | 8.75% | ₹0 | ₹33,804 |
ICICI Bank | 9.1% | ₹3,999 | ₹34,082 |
HDFC Bank | 9.25% | ₹3,500 | ₹34,202 |
Axis Bank | 9.5% | ₹3,500 | ₹34,402 |
* 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 1512 LPT Price FAQs
What is the ex-showroom price of the Tata 1512 LPT in India?
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The ex-showroom truck price in India for the Tata 1512 LPT starts from around ₹22 Lakhs and for higher variants it goes upto ₹25 Lakhs.
What is the on-road price of the Tata 1512 LPT?
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The estimated on-road ruck price in India for the Tata 1512 LPT can range from approximately ₹24 Lakhs to ₹28 Lakhs. This includes ex-showroom price, RTO charges, insurance, and other local taxes, which vary by state.
Are there different variants of the Tata 1512 LPT that affect its price?
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Yes, the Tata 1512 LPT comes in various wheelbase options and load body lengths, which directly impact its price. Features like cabin type (e.g., day cab, sleeper cab) or specific tech upgrades can also influence the final truck cost.
What factors influence the final truck price in India?
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Beyond the ex-showroom cost, factors like state road tax, registration fees, insurance premiums, and any optional accessories significantly influence the final on-road truck price in India. Dealer-specific offers or discounts can also play a role.
Is financing available for purchasing the Tata 1512 LPT?
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Absolutely. Various banks and financial institutions offer attractive financing options for purchasing the Tata 1512 LPT. You can find competitive loan schemes and EMI plans to make this truck price in India more manageable for your business.
Is the Tata 1512 LPT considered good value for money at its price point?
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Many fleet owners and operators consider the Tata 1512 LPT excellent value for money. Its competitive truck price in India, combined with low running costs and high reliability, contributes to a strong return on investment over its lifespan.
How does the Tata 1512 LPT's price compare to its competitors?
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The Tata 1512 LPT is strategically priced to be competitive within its segment of medium-duty commercial vehicles. It generally offers a compelling balance of features, performance, and reliability for its truck price in India, making it a strong contender.