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.
Finance
Bajaj WEGO P70 EMI Calculator
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Bajaj WEGO P70 (₹3,23,000)
Credit Score EstimatorAuto-adjusts interest rate
Down PaymentLoanInterest
Monthly EMI
₹4,804
Down Payment₹96,900
Loan Principal₹2,26,100
Total Interest₹62,140
Total Cost₹3,85,140
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₹1,00,000₹3,23,000
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₹0₹2,23,000
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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 (₹4,804) with lowest total interest.
Lender Comparison— ₹2,26,100 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹4,639 |
SBI | 8.75% | ₹0 | ₹4,667 |
ICICI Bank | 9.1% | ₹3,999 | ₹4,705 |
HDFC Bank | 9.25% | ₹3,500 | ₹4,721 |
Axis Bank | 9.5% | ₹3,500 | ₹4,749 |
* 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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Bajaj WEGO P70 Price FAQs
What is the ex-showroom price of the Wego P70 Electric in India?
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The ex-showroom price for the Wego P70 Electric in India typically starts from around ₹8.5 Lakhs, though this can vary slightly based on specific variants and state subsidies.
What is the on-road price of the Wego P70 Electric in Delhi?
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The on-road price of the Wego P70 Electric in Delhi, including RTO, insurance, and applicable subsidies, could range from approximately ₹8.8 Lakhs to ₹9.5 Lakhs. It's best to check with a local dealer for the precise price.
How does the price of the Wego P70 Electric compare to diesel trucks?
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While the upfront price of the Wego P70 Electric might be slightly higher than some comparable diesel trucks, its significantly lower running costs and potential government incentives offer long-term savings.
Are there any government subsidies available for the Wego P70 Electric price?
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Yes, many state governments and the FAME II scheme offer substantial subsidies on the purchase of electric vehicles like the Wego P70 Electric, which can significantly reduce the overall ownership price.
What is the price of the Wego P70 Electric in Mumbai?
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In Mumbai, the on-road price of the Wego P70 Electric could be in the range of ₹8.9 Lakhs to ₹9.6 Lakhs, factoring in local taxes and subsidies. Please confirm the exact price with a Mumbai dealership.
What about the financing options available for the Wego P70 Electric price?
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Various banks and financial institutions offer attractive financing options and EMIs for the Wego P70 Electric, making its purchase more accessible. Dealerships can provide details on competitive loan schemes and the total price breakdown.
What is the expected price of the Wego P70 Electric in Bangalore?
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The on-road price for the Wego P70 Electric in Bangalore, considering local road tax and potential state incentives, typically falls between ₹9.0 Lakhs and ₹9.7 Lakhs. Verify the latest price with a Bangalore dealer.
Does the Wego P70 Electric price include the battery cost?
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Yes, the quoted price for the Wego P70 Electric generally includes the battery cost. There might be specific schemes where battery leasing is an option, but typically it's part of the vehicle's purchase price.
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Bajaj WEGO P70 Brochure
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Bajaj WEGO P70 EMI
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