Mahindra Thar EV Price in Surat
Latest on-road price, ex-showroom, RTO, insurance, and EMI options for the Mahindra Thar EV in Surat. Updated for 2026.
Starting on-road price
₹19.23 L
Estimated based on state RTO & insurance
Ex-showroom
₹20.00 L
RTO + Reg.
₹0
Waived in Gujarat
Insurance
₹70,000
EV Subsidy
- ₹1.50 L
Gujarat EV Policy
Mahindra Thar EV on-road price breakdown
All charges for Surat (Gujarat)
in Surat, Gujarat · estimated
Monthly EMI
5 years · 9.5% p.a. · 20% down
₹32,318/mo
25+ banks · approval in 24 hours
All Mahindra Thar EV variant prices in Surat
Compare every variant side by side
| Variant | Ex-showroom | RTO | Insurance | On-road Price |
|---|---|---|---|---|
1Standard | ₹20,00,000 | ₹0 | ₹70,000 | ₹19,23,500 |
Why does on-road price differ by city?
RTO charges, road tax, registration fees, and insurance vary by state. Surat's Gujarat EV policy directly impacts your final cost.
EV tax benefits
Up to ₹1.5 lakh deduction under Section 80EEB. Many states waive road tax + registration fees entirely for EVs.
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