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

EMI for the car you want
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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

To get finance for Mahindra Thar Click Here

Ex-showroom Price of Mahindra Thar : ₹ 9,00,721
Loan Amount : ₹ 7,65,613
Down Payment : ₹ 1,35,108

Document Charges : Rs.250
Processing Fee : ₹ 3,828
MonthsEMIChart
12₹ 66,515View Chart
24₹ 34,780View Chart
36₹ 24,232View Chart
48₹ 18,980View Chart
60₹ 15,846View Chart
72₹ 13,771View Chart
84₹ 12,302View Chart
Total Interest Amount is ₹ 32,567 for the loan amount of ₹ 7,65,613
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Jan-2021₹ 66,515₹ 5,360₹ 61,155₹ 6,37,943
2Feb-2021₹ 66,515₹ 4,891₹ 61,624₹ 5,76,319
3Mar-2021₹ 66,515₹ 4,418₹ 62,097₹ 5,14,222
4Apr-2021₹ 66,515₹ 3,942₹ 62,573₹ 4,51,649
5May-2021₹ 66,515₹ 3,463₹ 63,052₹ 3,88,597
6Jun-2021₹ 66,515₹ 2,979₹ 63,536₹ 3,25,061
7Jul-2021₹ 66,515₹ 2,492₹ 64,023₹ 2,61,038
8Aug-2021₹ 66,515₹ 2,001₹ 64,514₹ 1,96,524
9Sep-2021₹ 66,515₹ 1,507₹ 65,008₹ 1,31,516
10Oct-2021₹ 66,515₹ 1,008₹ 65,507₹ 66,009
11Nov-2021₹ 66,515₹ 506₹ 66,0090
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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