EMI Calculator
Mahindra Xev 9e EMI in Ahmedabad
Monthly installment, down payment, and city-specific stamp duty for Mahindra Xev 9e in Ahmedabad.

Your Loan Parameters
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10%60%
1 yr7 yrs
Ex-showroom
₹21.90 L
On-road (Ahmedabad)
₹24.12 L
Down payment
₹4,82,457
Loan amount
₹19,29,829
EMI by Lender
Best rate in green · Based on typical published rates
| Bank | Rate | EMI | Total Interest | Processing |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | ₹39,593/mo | ₹4,45,775 | ₹14,474 |
| ICICI Bank | 8.75% p.a. | ₹39,826/mo | ₹4,59,751 | ₹9,649 |
| SBIBest | 8.25% p.a. | ₹39,361/mo | ₹4,31,848 | ₹6,754 |
| Axis Bank | 8.9% p.a. | ₹39,966/mo | ₹4,68,160 | ₹19,298 |
| Kotak Bank | 8.6% p.a. | ₹39,686/mo | ₹4,51,359 | ₹14,474 |
Ahmedabad On-Road Breakup
- Ex-showroom₹21.90 L
- Registration + RTO₹1,09,500
- Insurance (1 yr)₹87,600
- Stamp duty (0.15%)₹3,285
- On-road Ahmedabad₹24.12 L
Total Repayment (5 yrs)
- Monthly EMI (best rate)₹39,361
- Total paid to bank₹23,61,677
- Interest paid₹4,31,848
- Total cost (incl. DP)₹28,44,134
FAQs — Mahindra Xev 9e EMI in Ahmedabad
What is the EMI for Mahindra Xev 9e in Ahmedabad?
With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹39,361/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 9e?
Most banks require 10-20% down. With 20% down in Ahmedabad, you'd pay ₹4,82,457 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.
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