
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
Monthly EMI
₹4,462
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹4,309 |
SBI | 8.75% | ₹0 | ₹4,334 |
ICICI Bank | 9.1% | ₹3,999 | ₹4,370 |
HDFC Bank | 9.25% | ₹3,500 | ₹4,385 |
Axis Bank | 9.5% | ₹3,500 | ₹4,411 |
* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.
News
The on-road price typically ranges from Rs 3.5 lakhs to Rs 4 lakhs, varying by state, government subsidies, and specific dealer offers.
It primarily comes in a single cargo variant. Any customization would typically be for the cargo box type rather than powertrain options.
Yes, most dealerships offer attractive EMI schemes through various financial institutions. Down payments and interest rates vary based on eligibility.
Yes, it often qualifies for central and state government EV subsidies, significantly reducing the effective purchase price for buyers.
As an EV, its resale value is still evolving. However, with growing EV adoption and demand, a fair resale value is anticipated, especially with good battery health.
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Finance
Your estimated monthly EMI