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    Mahindra BE 09 EMI in Lucknow

    Monthly installment, down payment, and city-specific stamp duty for Mahindra BE 09 in Lucknow.

    Mahindra BE 09

    Your Loan Parameters

    Adjust down payment and tenure to see EMIs update live

    10%60%
    1 yr7 yrs
    Ex-showroom

    ₹25.00 L

    On-road (Lucknow)

    ₹27.55 L

    Down payment

    ₹5,51,000

    Loan amount

    ₹22,04,000

    EMI by Lender

    Best rate in green · Based on typical published rates

    BankRateEMITotal InterestProcessing
    HDFC Bank8.5% p.a.45,218/mo5,09,10616,530
    ICICI Bank8.75% p.a.45,484/mo5,25,06811,020
    SBIBest8.25% p.a.44,953/mo4,93,2007,714
    Axis Bank8.9% p.a.45,645/mo5,34,67122,040
    Kotak Bank8.6% p.a.45,325/mo5,15,48416,530

    Lucknow On-Road Breakup

    • Ex-showroom₹25.00 L
    • Registration + RTO1,25,000
    • Insurance (1 yr)1,00,000
    • Stamp duty (0.2%)5,000
    • On-road Lucknow₹27.55 L

    Total Repayment (5 yrs)

    • Monthly EMI (best rate)44,953
    • Total paid to bank26,97,200
    • Interest paid4,93,200
    • Total cost (incl. DP)32,48,200

    FAQs — Mahindra BE 09 EMI in Lucknow

    What is the EMI for Mahindra BE 09 in Lucknow?

    With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹44,953/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 Mahindra BE 09?

    Most banks require 10-20% down. With 20% down in Lucknow, you'd pay ₹5,51,000 upfront.

    Is the on-road price in Lucknow different from ex-showroom?

    Yes. Lucknow on-road price includes RTO (~5%), insurance (~4%), and stamp duty (0.2%) — adding about 10% to ex-showroom.

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    Mahindra Mahindra BE 09 EMI Calculator in Lucknow 2026 — Monthly Installment, Down Payment | MeraEV