Mahindra Car EMI calculator

Option 1) Select your desired bank to see the interest amount you have to pay during the entire loan period and to see the emi chart for various periods against Mahindra Car Loan.
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Mahindra car.
Option 3) Enter the desired amount and desired interest rate of Mahindra Car to know the emi and finance option

EMI for the car you want
Suggest the best bank
EMI with rate you wish
You can change the price as per your requirement.
You can change the down payment as per your requirement.
EMI in Advance EMI in Arrears
Ex-showroom Price of Mahindra Alturas G4 : ₹ 28,77,260
Loan Amount : ₹ 24,45,671
Down Payment : ₹ 4,31,589

Document Charges : Rs.250
Processing Fee : ₹ 12,228
MonthsEMIChart
12₹ 2,12,475View Chart
24₹ 1,11,103View Chart
36₹ 77,406View Chart
48₹ 60,628View Chart
60₹ 50,618View Chart
72₹ 43,990View Chart
84₹ 39,296View Chart
Total Interest Amount is ₹ 1,04,034 for the loan amount of ₹ 24,45,671
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1May-2022₹ 2,12,475₹ 17,121₹ 1,95,354₹ 20,37,842
2Jun-2022₹ 2,12,475₹ 15,623₹ 1,96,852₹ 18,40,990
3Jul-2022₹ 2,12,475₹ 14,114₹ 1,98,361₹ 16,42,629
4Aug-2022₹ 2,12,475₹ 12,593₹ 1,99,882₹ 14,42,747
5Sep-2022₹ 2,12,475₹ 11,061₹ 2,01,414₹ 12,41,333
6Oct-2022₹ 2,12,475₹ 9,517₹ 2,02,958₹ 10,38,375
7Nov-2022₹ 2,12,475₹ 7,961₹ 2,04,514₹ 8,33,861
8Dec-2022₹ 2,12,475₹ 6,393₹ 2,06,082₹ 6,27,779
9Jan-2023₹ 2,12,475₹ 4,813₹ 2,07,662₹ 4,20,117
10Feb-2023₹ 2,12,475₹ 3,221₹ 2,09,254₹ 2,10,863
11Mar-2023₹ 2,12,475₹ 1,617₹ 2,10,8580
EMI in Advance EMI in Arrears
EMI in Advance EMI in Arrears

* Usually the margin on car loans would 15% to 25% which means banks will offer loan only up to 75% to 85% of ex-showroom price of the car. For calculation purpose we have considered the margin as 15%. Do note that loan will be offered only on ex-showroom price of the vehicle not on the on-road price (insurance, road tax, accessories, handling, extended warranty and other misc charged have to be taken care by the customer)

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