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

Your Loan Parameters
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10%60%
1 yr7 yrs
Ex-showroom
₹21.90 L
On-road (Kochi)
₹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
| Bank | Rate | EMI | Total Interest | Processing |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | ₹39,611/mo | ₹4,45,977 | ₹14,480 |
| ICICI Bank | 8.75% p.a. | ₹39,844/mo | ₹4,59,960 | ₹9,654 |
| SBIBest | 8.25% p.a. | ₹39,379/mo | ₹4,32,044 | ₹6,757 |
| Axis Bank | 8.9% p.a. | ₹39,985/mo | ₹4,68,372 | ₹19,307 |
| Kotak Bank | 8.6% p.a. | ₹39,704/mo | ₹4,51,564 | ₹14,480 |
Kochi On-Road Breakup
- Ex-showroom₹21.90 L
- Registration + RTO₹1,09,500
- Insurance (1 yr)₹87,600
- Stamp duty (0.2%)₹4,380
- On-road Kochi₹24.13 L
Total Repayment (5 yrs)
- Monthly EMI (best rate)₹39,379
- Total paid to bank₹23,62,749
- Interest paid₹4,32,044
- Total cost (incl. DP)₹28,45,425
FAQs — Mahindra Xev 9e EMI in Kochi
What is the EMI for Mahindra Xev 9e in Kochi?
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 Kochi, you'd pay ₹4,82,676 upfront.
Is the on-road price in Kochi different from ex-showroom?
Yes. Kochi on-road price includes RTO (~5%), insurance (~4%), and stamp duty (0.2%) — adding about 10% to ex-showroom.
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