EMI Calculator
KIA Niro EV EMI in Mumbai
Monthly installment, down payment, and city-specific stamp duty for KIA Niro EV in Mumbai.
Your Loan Parameters
Adjust down payment and tenure to see EMIs update live
10%60%
1 yr7 yrs
Ex-showroom
₹15.00 L
On-road (Mumbai)
₹16.54 L
Down payment
₹3,30,750
Loan amount
₹13,23,000
EMI by Lender
Best rate in green · Based on typical published rates
| Bank | Rate | EMI | Total Interest | Processing |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | ₹27,143/mo | ₹3,05,602 | ₹9,923 |
| ICICI Bank | 8.75% p.a. | ₹27,303/mo | ₹3,15,184 | ₹6,615 |
| SBIBest | 8.25% p.a. | ₹26,984/mo | ₹2,96,054 | ₹4,630 |
| Axis Bank | 8.9% p.a. | ₹27,399/mo | ₹3,20,948 | ₹13,230 |
| Kotak Bank | 8.6% p.a. | ₹27,207/mo | ₹3,09,431 | ₹9,923 |
Mumbai On-Road Breakup
- Ex-showroom₹15.00 L
- Registration + RTO₹75,000
- Insurance (1 yr)₹60,000
- Stamp duty (0.25%)₹3,750
- On-road Mumbai₹16.54 L
Total Repayment (5 yrs)
- Monthly EMI (best rate)₹26,984
- Total paid to bank₹16,19,054
- Interest paid₹2,96,054
- Total cost (incl. DP)₹19,49,804
FAQs — KIA Niro EV EMI in Mumbai
What is the EMI for KIA Niro EV in Mumbai?
With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹26,984/month.
Which bank offers the lowest car loan rate?
SBI has the lowest rate at 8.25% p.a. for EV loans. Rates vary based on credit score — confirm with each bank.
What is the down payment for KIA Niro EV?
Most banks require 10-20% down. With 20% down in Mumbai, you'd pay ₹3,30,750 upfront.
Is the on-road price in Mumbai different from ex-showroom?
Yes. Mumbai on-road price includes RTO (~5%), insurance (~4%), and stamp duty (0.25%) — adding about 10% to ex-showroom.
Get pre-approved loan offers
Share your details and we'll connect you with top lenders in Mumbai.