EMI Calculator
Mahindra Xev 9e EMI in Chennai
Monthly installment, down payment, and city-specific stamp duty for Mahindra Xev 9e in Chennai.
Your Loan Parameters
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10%60%
1 yr7 yrs
Ex-showroom
₹21.90 L
On-road (Chennai)
₹24.20 L
Down payment
₹4,83,990
Loan amount
₹19,35,961
EMI by Lender
Best rate in green · Based on typical published rates
| Bank | Rate | EMI | Total Interest | Processing |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | ₹39,719/mo | ₹4,47,191 | ₹14,520 |
| ICICI Bank | 8.75% p.a. | ₹39,953/mo | ₹4,61,212 | ₹9,680 |
| SBIBest | 8.25% p.a. | ₹39,486/mo | ₹4,33,220 | ₹6,776 |
| Axis Bank | 8.9% p.a. | ₹40,093/mo | ₹4,69,647 | ₹19,360 |
| Kotak Bank | 8.6% p.a. | ₹39,813/mo | ₹4,52,794 | ₹14,520 |
Chennai On-Road Breakup
- Ex-showroom₹21.90 L
- Registration + RTO₹1,09,500
- Insurance (1 yr)₹87,600
- Stamp duty (0.5%)₹10,950
- On-road Chennai₹24.20 L
Total Repayment (5 yrs)
- Monthly EMI (best rate)₹39,486
- Total paid to bank₹23,69,181
- Interest paid₹4,33,220
- Total cost (incl. DP)₹28,53,171
FAQs — Mahindra Xev 9e EMI in Chennai
What is the EMI for Mahindra Xev 9e in Chennai?
With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹39,486/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 Chennai, you'd pay ₹4,83,990 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.
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