EMI Calculator
Mahindra XEV 7e EMI in Ahmedabad
Monthly installment, down payment, and city-specific stamp duty for Mahindra XEV 7e in Ahmedabad.
Your Loan Parameters
Adjust down payment and tenure to see EMIs update live
10%60%
1 yr7 yrs
Ex-showroom
₹21.00 L
On-road (Ahmedabad)
₹23.13 L
Down payment
₹4,62,630
Loan amount
₹18,50,520
EMI by Lender
Best rate in green · Based on typical published rates
| Bank | Rate | EMI | Total Interest | Processing |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | ₹37,966/mo | ₹4,27,455 | ₹13,879 |
| ICICI Bank | 8.75% p.a. | ₹38,190/mo | ₹4,40,857 | ₹9,253 |
| SBIBest | 8.25% p.a. | ₹37,744/mo | ₹4,14,100 | ₹6,477 |
| Axis Bank | 8.9% p.a. | ₹38,324/mo | ₹4,48,920 | ₹18,505 |
| Kotak Bank | 8.6% p.a. | ₹38,056/mo | ₹4,32,810 | ₹13,879 |
Ahmedabad On-Road Breakup
- Ex-showroom₹21.00 L
- Registration + RTO₹1,05,000
- Insurance (1 yr)₹84,000
- Stamp duty (0.15%)₹3,150
- On-road Ahmedabad₹23.13 L
Total Repayment (5 yrs)
- Monthly EMI (best rate)₹37,744
- Total paid to bank₹22,64,620
- Interest paid₹4,14,100
- Total cost (incl. DP)₹27,27,250
FAQs — Mahindra XEV 7e EMI in Ahmedabad
What is the EMI for Mahindra XEV 7e in Ahmedabad?
With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹37,744/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 XEV 7e?
Most banks require 10-20% down. With 20% down in Ahmedabad, you'd pay ₹4,62,630 upfront.
Is the on-road price in Ahmedabad different from ex-showroom?
Yes. Ahmedabad on-road price includes RTO (~5%), insurance (~4%), and stamp duty (0.15%) — adding about 10% to ex-showroom.
Get pre-approved loan offers
Share your details and we'll connect you with top lenders in Ahmedabad.