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    Mahindra Xev 9e EMI in Chandigarh

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

    Mahindra Xev 9e

    Your Loan Parameters

    Adjust down payment and tenure to see EMIs update live

    10%60%
    1 yr7 yrs
    Ex-showroom

    ₹21.90 L

    On-road (Chandigarh)

    ₹24.13 L

    Down payment

    ₹4,82,676

    Loan amount

    ₹19,30,705

    EMI by Lender

    Best rate in green · Based on typical published rates

    BankRateEMITotal InterestProcessing
    HDFC Bank8.5% p.a.39,611/mo4,45,97714,480
    ICICI Bank8.75% p.a.39,844/mo4,59,9609,654
    SBIBest8.25% p.a.39,379/mo4,32,0446,757
    Axis Bank8.9% p.a.39,985/mo4,68,37219,307
    Kotak Bank8.6% p.a.39,704/mo4,51,56414,480

    Chandigarh On-Road Breakup

    • Ex-showroom₹21.90 L
    • Registration + RTO1,09,500
    • Insurance (1 yr)87,600
    • Stamp duty (0.2%)4,380
    • On-road Chandigarh₹24.13 L

    Total Repayment (5 yrs)

    • Monthly EMI (best rate)39,379
    • Total paid to bank23,62,749
    • Interest paid4,32,044
    • Total cost (incl. DP)28,45,425

    FAQs — Mahindra Xev 9e EMI in Chandigarh

    What is the EMI for Mahindra Xev 9e in Chandigarh?

    With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹39,379/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 Chandigarh, you'd pay ₹4,82,676 upfront.

    Is the on-road price in Chandigarh different from ex-showroom?

    Yes. Chandigarh on-road price includes RTO (~5%), insurance (~4%), and stamp duty (0.2%) — adding about 10% to ex-showroom.

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    Mahindra Mahindra Xev 9e EMI Calculator in Chandigarh 2026 — Monthly Installment, Down Payment | MeraEV