
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
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹6.50L
Fuel Type
Electric
Motor
PMSM (Permanent Magnet Synchronous Motor)
Finance
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Truck Price
Price will update the EMI estimate
Credit Score
Auto-adjusts interest rate
Estimated Monthly EMI
₹9,668
Calculated on ₹4,55,000 loan at 10% for 5 years.
Down Payment
₹1,95,000
Loan Principal
₹4,55,000
Total Interest
₹1,25,080
Total Cost
₹7,75,080
Cost Breakup
₹1,95,000
Amount paid upfront before finance starts.
₹4,55,000
₹1,25,080
Loan inputs
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| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹9,336 |
SBI | 8.75% | ₹0 | ₹9,390 |
ICICI Bank | 9.1% | ₹3,999 | ₹9,468 |
HDFC Bank | 9.25% | ₹3,500 | ₹9,501 |
Axis Bank | 9.5% | ₹3,500 | ₹9,556 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The ex-showroom price of the Tata Ace Pro Ev typically starts from around ₹6.50 Lakhs to ₹7.00 Lakhs in India, though this can vary based on state subsidies and specific configurations. This competitive ex-showroom price makes it an attractive option for businesses.
In Delhi, the estimated on-road price of the Tata Ace Pro Ev could range from approximately ₹8.50 Lakhs to ₹9.50 Lakhs, after considering RTO charges, insurance, and potential state subsidies for electric vehicles. The exact on-road price will depend on specific deals and current policies.
The Tata Ace Pro Ev price in Mumbai typically falls in the range of ₹8.40 Lakhs to ₹9.40 Lakhs (on-road), factoring in local taxes, registration, and insurance. Maharashtra also offers EV incentives that could influence the final price.
In Bangalore, Karnataka, the on-road price for the Tata Ace Pro Ev is generally around ₹8.60 Lakhs to ₹9.60 Lakhs. The state's road tax and green cess, along with potential EV subsidies, will determine the final effective price.
Yes, the Tata Ace Pro Ev price can be significantly reduced by various state government subsidies and incentives for electric vehicles, which vary by state. It's advisable to check local government policies for the most accurate subsidy information impacting the price.
Yes, the quoted Tata Ace Pro Ev price generally includes the cost of the battery pack, as it's an integral component of the vehicle. You are purchasing the entire electric vehicle outright, and the battery cost is part of the total.
The final on-road price of the Ace Pro Ev is influenced by ex-showroom cost, RTO registration charges, insurance, state subsidies, optional accessories, and dealership handling charges. All these elements contribute to the complete price you pay.
Yes, the Tata Ace Pro Ev is eligible for the FAME-II (Faster Adoption and Manufacturing of Electric Vehicles in India) scheme, which provides significant incentives that can reduce the overall purchase price for buyers. This eligibility makes the Tata Ace Pro Ev more affordable.