Mahindra Marazzo 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 Marazzo Car Loan.
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Mahindra Marazzo car.
Option 3) Enter the desired amount and desired interest rate of Mahindra Marazzo Car to know the emi and finance option.

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You can change the down payment as per your requirement.
EMI in Advance EMI in Arrears

To get finance for Mahindra Marazzo Click Here

Ex-showroom Price of Mahindra Marazzo : ₹ 13,50,000
Loan Amount : ₹ 11,47,500
Down Payment : ₹ 2,02,500

Document Charges : Rs.250
Processing Fee : ₹ 5,738
MonthsEMIChart
12₹ 99,693View Chart
24₹ 52,129View Chart
36₹ 36,319View Chart
48₹ 28,447View Chart
60₹ 23,750View Chart
72₹ 20,640View Chart
84₹ 18,438View Chart
Total Interest Amount is ₹ 48,811 for the loan amount of ₹ 11,47,500
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Mar-2024₹ 99,693₹ 8,033₹ 91,660₹ 9,56,147
2Apr-2024₹ 99,693₹ 7,330₹ 92,363₹ 8,63,784
3May-2024₹ 99,693₹ 6,622₹ 93,071₹ 7,70,713
4Jun-2024₹ 99,693₹ 5,909₹ 93,784₹ 6,76,929
5Jul-2024₹ 99,693₹ 5,190₹ 94,503₹ 5,82,426
6Aug-2024₹ 99,693₹ 4,465₹ 95,228₹ 4,87,198
7Sep-2024₹ 99,693₹ 3,735₹ 95,958₹ 3,91,240
8Oct-2024₹ 99,693₹ 3,000₹ 96,693₹ 2,94,547
9Nov-2024₹ 99,693₹ 2,258₹ 97,435₹ 1,97,112
10Dec-2024₹ 99,693₹ 1,511₹ 98,182₹ 98,930
11Jan-2025₹ 99,693₹ 758₹ 98,9350
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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