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 : ₹ 26,95,000
Loan Amount : ₹ 22,90,750
Down Payment : ₹ 4,04,250

Document Charges : Rs.250
Processing Fee : ₹ 11,454
MonthsEMIChart
12₹ 1,99,016View Chart
24₹ 1,04,065View Chart
36₹ 72,503View Chart
48₹ 56,788View Chart
60₹ 47,411View Chart
72₹ 41,204View Chart
84₹ 36,807View Chart
Total Interest Amount is ₹ 97,445 for the loan amount of ₹ 22,90,750
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Feb-2020₹ 1,99,016₹ 16,037₹ 1,82,979₹ 19,08,755
2Mar-2020₹ 1,99,016₹ 14,634₹ 1,84,382₹ 17,24,373
3Apr-2020₹ 1,99,016₹ 13,220₹ 1,85,796₹ 15,38,577
4May-2020₹ 1,99,016₹ 11,796₹ 1,87,220₹ 13,51,357
5Jun-2020₹ 1,99,016₹ 10,360₹ 1,88,656₹ 11,62,701
6Jul-2020₹ 1,99,016₹ 8,914₹ 1,90,102₹ 9,72,599
7Aug-2020₹ 1,99,016₹ 7,457₹ 1,91,559₹ 7,81,040
8Sep-2020₹ 1,99,016₹ 5,988₹ 1,93,028₹ 5,88,012
9Oct-2020₹ 1,99,016₹ 4,508₹ 1,94,508₹ 3,93,504
10Nov-2020₹ 1,99,016₹ 3,017₹ 1,95,999₹ 1,97,505
11Dec-2020₹ 1,99,016₹ 1,514₹ 1,97,5020
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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