EMI Calculator
Mahindra Xev 9e EMI in Mumbai
Monthly installment, down payment, and city-specific stamp duty for Mahindra Xev 9e in Mumbai.
Your Loan Parameters
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10%60%
1 yr7 yrs
Ex-showroom
₹21.90 L
On-road (Mumbai)
₹24.14 L
Down payment
₹4,82,895
Loan amount
₹19,31,581
EMI by Lender
Best rate in green · Based on typical published rates
| Bank | Rate | EMI | Total Interest | Processing |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | ₹39,629/mo | ₹4,46,180 | ₹14,487 |
| ICICI Bank | 8.75% p.a. | ₹39,862/mo | ₹4,60,168 | ₹9,658 |
| SBIBest | 8.25% p.a. | ₹39,397/mo | ₹4,32,240 | ₹6,761 |
| Axis Bank | 8.9% p.a. | ₹40,003/mo | ₹4,68,585 | ₹19,316 |
| Kotak Bank | 8.6% p.a. | ₹39,723/mo | ₹4,51,769 | ₹14,487 |
Mumbai On-Road Breakup
- Ex-showroom₹21.90 L
- Registration + RTO₹1,09,500
- Insurance (1 yr)₹87,600
- Stamp duty (0.25%)₹5,475
- On-road Mumbai₹24.14 L
Total Repayment (5 yrs)
- Monthly EMI (best rate)₹39,397
- Total paid to bank₹23,63,821
- Interest paid₹4,32,240
- Total cost (incl. DP)₹28,46,716
FAQs — Mahindra Xev 9e EMI in Mumbai
What is the EMI for Mahindra Xev 9e in Mumbai?
With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹39,397/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 Mumbai, you'd pay ₹4,82,895 upfront.
Is the on-road price in Mumbai different from ex-showroom?
Yes. Mumbai on-road price includes RTO (~5%), insurance (~4%), and stamp duty (0.25%) — adding about 10% to ex-showroom.
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