EMI Calculator
Mahindra Thar EV EMI in Hyderabad
Monthly installment, down payment, and city-specific stamp duty for Mahindra Thar EV in Hyderabad.
Your Loan Parameters
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10%60%
1 yr7 yrs
Ex-showroom
₹20.00 L
On-road (Hyderabad)
₹22.05 L
Down payment
₹4,41,000
Loan amount
₹17,64,000
EMI by Lender
Best rate in green · Based on typical published rates
| Bank | Rate | EMI | Total Interest | Processing |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | ₹36,191/mo | ₹4,07,470 | ₹13,230 |
| ICICI Bank | 8.75% p.a. | ₹36,404/mo | ₹4,20,245 | ₹8,820 |
| SBIBest | 8.25% p.a. | ₹35,979/mo | ₹3,94,739 | ₹6,174 |
| Axis Bank | 8.9% p.a. | ₹36,532/mo | ₹4,27,931 | ₹17,640 |
| Kotak Bank | 8.6% p.a. | ₹36,276/mo | ₹4,12,574 | ₹13,230 |
Hyderabad On-Road Breakup
- Ex-showroom₹20.00 L
- Registration + RTO₹1,00,000
- Insurance (1 yr)₹80,000
- Stamp duty (0.25%)₹5,000
- On-road Hyderabad₹22.05 L
Total Repayment (5 yrs)
- Monthly EMI (best rate)₹35,979
- Total paid to bank₹21,58,739
- Interest paid₹3,94,739
- Total cost (incl. DP)₹25,99,739
FAQs — Mahindra Thar EV EMI in Hyderabad
What is the EMI for Mahindra Thar EV in Hyderabad?
With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹35,979/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 Thar EV?
Most banks require 10-20% down. With 20% down in Hyderabad, you'd pay ₹4,41,000 upfront.
Is the on-road price in Hyderabad different from ex-showroom?
Yes. Hyderabad on-road price includes RTO (~5%), insurance (~4%), and stamp duty (0.25%) — adding about 10% to ex-showroom.
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