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.

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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 Thar Click Here

Ex-showroom Price of Mahindra Thar : ₹ 12,98,000
Loan Amount : ₹ 11,03,300
Down Payment : ₹ 1,94,700

Document Charges : Rs.250
Processing Fee : ₹ 5,517
MonthsEMIChart
12₹ 95,853View Chart
24₹ 50,121View Chart
36₹ 34,920View Chart
48₹ 27,351View Chart
60₹ 22,835View Chart
72₹ 19,845View Chart
84₹ 17,727View Chart
Total Interest Amount is ₹ 46,931 for the loan amount of ₹ 11,03,300
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Nov-2024₹ 95,853₹ 7,724₹ 88,129₹ 9,19,318
2Dec-2024₹ 95,853₹ 7,048₹ 88,805₹ 8,30,513
3Jan-2025₹ 95,853₹ 6,367₹ 89,486₹ 7,41,027
4Feb-2025₹ 95,853₹ 5,681₹ 90,172₹ 6,50,855
5Mar-2025₹ 95,853₹ 4,990₹ 90,863₹ 5,59,992
6Apr-2025₹ 95,853₹ 4,293₹ 91,560₹ 4,68,432
7May-2025₹ 95,853₹ 3,591₹ 92,262₹ 3,76,170
8Jun-2025₹ 95,853₹ 2,884₹ 92,969₹ 2,83,201
9Jul-2025₹ 95,853₹ 2,171₹ 93,682₹ 1,89,519
10Aug-2025₹ 95,853₹ 1,453₹ 94,400₹ 95,119
11Sep-2025₹ 95,853₹ 729₹ 95,1240
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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