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.
Truck loan planning
TVS King EV MAX EMI Calculator
Check monthly EMI, interest, lender comparison, scenarios and repayment details in one place.
Ex-Showroom Price
₹3.00L
Fuel Type
Electric
Motor
PMSM Motor
Finance
TVS King EV MAX EMI Calculator
Select variant, adjust loan details, compare scenarios and review full repayment details.
Truck Price
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Price will update the EMI estimate
TVS King EV MAX (₹3,00,000)
Credit Score
Select CIBIL Range
Auto-adjusts interest rate
Estimated Monthly EMI
₹4,462
Calculated on ₹2,10,000 loan at 10% for 5 years.
Down Payment
₹90,000
Loan Principal
₹2,10,000
Total Interest
₹57,720
Total Cost
₹3,57,720
Cost Breakup
Down Payment
₹90,000
Amount paid upfront before finance starts.
Loan
₹2,10,000
Interest
₹57,720
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Loan inputs
Adjust Loan Details
Change down payment, tenure and rate to see the monthly EMI update instantly.
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₹1,00,000₹3,00,000
₹
₹0₹2,00,000
%
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 (₹4,462) with lowest total interest.
Lender Comparison— ₹2,10,000 · 5 yr · 10% base
| 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.
- 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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TVS King EV MAX Price FAQs
What is the approximate on-road price of the TVS King EV Max in India?
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The on-road price typically ranges from Rs 3.5 lakhs to Rs 4 lakhs, varying by state, government subsidies, and specific dealer offers.
Are there different variants or configurations available for the TVS King EV Max?
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It primarily comes in a single cargo variant. Any customization would typically be for the cargo box type rather than powertrain options.
Are EMI options available for purchasing the TVS King EV Max?
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Yes, most dealerships offer attractive EMI schemes through various financial institutions. Down payments and interest rates vary based on eligibility.
Does the TVS King EV Max qualify for any government subsidies in India?
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Yes, it often qualifies for central and state government EV subsidies, significantly reducing the effective purchase price for buyers.
What is the expected resale value of the TVS King EV Max?
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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.