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 Ace EV 1000 EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹11.30L
Fuel Type
Electric
Motor
AC induction motor
Finance
Tata Ace EV 1000 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 Ace EV 1000 (₹11,30,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹16,807
Calculated on ₹7,91,000 loan at 10% for 5 years.
Down Payment
₹3,39,000
Loan Principal
₹7,91,000
Total Interest
₹2,17,420
Total Cost
₹13,47,420
Cost Breakup
Down Payment
₹3,39,000
Amount paid upfront before finance starts.
Loan
₹7,91,000
Interest
₹2,17,420
Share Your EMI
Loan inputs
Adjust Loan Details
Change down payment, tenure and rate to see the monthly EMI update instantly.
₹
₹1,00,000₹11,30,000
₹
₹0₹10,30,000
%
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 (₹16,807) with lowest total interest.
Lender Comparison— ₹7,91,000 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹16,229 |
SBI | 8.75% | ₹0 | ₹16,325 |
ICICI Bank | 9.1% | ₹3,999 | ₹16,459 |
HDFC Bank | 9.25% | ₹3,500 | ₹16,516 |
Axis Bank | 9.5% | ₹3,500 | ₹16,613 |
* 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 Ace EV 1000 Price FAQs
What is the ex-showroom price of the Tata Ace EV 1000 in India?
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The ex-showroom price of the Tata Ace EV 1000 typically starts around ₹11.30 Lakh in India. This electric truck price can vary slightly based on state and dealer.
What is the estimated on-road Tata Ace EV 1000 price in Delhi?
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The estimated on-road Tata Ace EV 1000 price in Delhi could range from approximately ₹12.00 Lakh to ₹12.50 Lakh, inclusive of RTO charges, insurance, and other local levies. This is an indicative electric vehicle price.
What is the approximate on-road Tata Ace EV 1000 price in Mumbai?
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In Mumbai, the on-road Tata Ace EV 1000 price might be around ₹9.60 Lakh to ₹9.90 Lakh, subject to local taxes, registration fees, and specific insurance policies. This electric mini truck price estimate provides a general idea.
Are there any government subsidies available that reduce the Tata Ace EV 1000 price?
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Yes, the Tata Ace EV 1000 price can be significantly reduced by various state and central government subsidies under schemes like FAME II for electric vehicles. These electric truck subsidies aim to promote EV adoption, making the purchase more affordable.
Can I get financing options for the Tata Ace EV 1000 price?
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Absolutely, numerous banks and financial institutions offer attractive financing options and loans for the Tata Ace EV 1000 price, often with favorable interest rates for commercial vehicle purchases. Inquire with your local Tata Motors dealer for details on available schemes.
What is the estimated on-road Tata Ace EV 1000 price in Bangalore?
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The on-road Tata Ace EV 1000 price in Bangalore is typically estimated between ₹9.65 Lakh to ₹9.95 Lakh, which includes registration, insurance, and road tax. This is an approximate electric commercial vehicle price for the region.
How does the running cost impact the overall value proposition of the Tata Ace EV 1000 price?
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While the upfront Tata Ace EV 1000 price might seem higher than ICE counterparts, its significantly lower running costs, reduced maintenance, and potential subsidies lead to a much better Total Cost of Ownership (TCO) over its lifespan. This enhances the long-term value of the electric truck investment.
What is the approximate on-road Tata Ace EV 1000 price in Chennai and Hyderabad?
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The on-road Tata Ace EV 1000 price in Chennai can be around ₹9.55 Lakh to ₹9.85 Lakh, and similarly, in Hyderabad, it might range from ₹9.50 Lakh to ₹9.80 Lakh. These are indicative electric vehicle prices and may vary.