EMI Calculator
Mahindra XEV 7e EMI in Chennai
Monthly installment, down payment, and city-specific stamp duty for Mahindra XEV 7e in Chennai.
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 (Chennai)
₹23.20 L
Down payment
₹4,64,100
Loan amount
₹18,56,400
EMI by Lender
Best rate in green · Based on typical published rates
| Bank | Rate | EMI | Total Interest | Processing |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | ₹38,087/mo | ₹4,28,813 | ₹13,923 |
| ICICI Bank | 8.75% p.a. | ₹38,311/mo | ₹4,42,258 | ₹9,282 |
| SBIBest | 8.25% p.a. | ₹37,864/mo | ₹4,15,416 | ₹6,497 |
| Axis Bank | 8.9% p.a. | ₹38,446/mo | ₹4,50,347 | ₹18,564 |
| Kotak Bank | 8.6% p.a. | ₹38,176/mo | ₹4,34,185 | ₹13,923 |
Chennai On-Road Breakup
- Ex-showroom₹21.00 L
- Registration + RTO₹1,05,000
- Insurance (1 yr)₹84,000
- Stamp duty (0.5%)₹10,500
- On-road Chennai₹23.20 L
Total Repayment (5 yrs)
- Monthly EMI (best rate)₹37,864
- Total paid to bank₹22,71,816
- Interest paid₹4,15,416
- Total cost (incl. DP)₹27,35,916
FAQs — Mahindra XEV 7e EMI in Chennai
What is the EMI for Mahindra XEV 7e in Chennai?
With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹37,864/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 Chennai, you'd pay ₹4,64,100 upfront.
Is the on-road price in Chennai different from ex-showroom?
Yes. Chennai on-road price includes RTO (~5%), insurance (~4%), and stamp duty (0.5%) — adding about 10% to ex-showroom.
Get pre-approved loan offers
Share your details and we'll connect you with top lenders in Chennai.