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    Mahindra XEV 9S EMI in Chandigarh

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

    Mahindra XEV 9S

    Your Loan Parameters

    Adjust down payment and tenure to see EMIs update live

    10%60%
    1 yr7 yrs
    Ex-showroom

    ₹19.95 L

    On-road (Chandigarh)

    ₹21.98 L

    Down payment

    ₹4,39,698

    Loan amount

    ₹17,58,792

    EMI by Lender

    Best rate in green · Based on typical published rates

    BankRateEMITotal InterestProcessing
    HDFC Bank8.5% p.a.36,084/mo4,06,26713,191
    ICICI Bank8.75% p.a.36,297/mo4,19,0048,794
    SBIBest8.25% p.a.35,873/mo3,93,5746,156
    Axis Bank8.9% p.a.36,424/mo4,26,66817,588
    Kotak Bank8.6% p.a.36,169/mo4,11,35613,191

    Chandigarh On-Road Breakup

    • Ex-showroom₹19.95 L
    • Registration + RTO99,750
    • Insurance (1 yr)79,800
    • Stamp duty (0.2%)3,990
    • On-road Chandigarh₹21.98 L

    Total Repayment (5 yrs)

    • Monthly EMI (best rate)35,873
    • Total paid to bank21,52,366
    • Interest paid3,93,574
    • Total cost (incl. DP)25,92,064

    FAQs — Mahindra XEV 9S EMI in Chandigarh

    What is the EMI for Mahindra XEV 9S in Chandigarh?

    With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹35,873/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 9S?

    Most banks require 10-20% down. With 20% down in Chandigarh, you'd pay ₹4,39,698 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 9S EMI Calculator in Chandigarh 2026 — Monthly Installment, Down Payment | MeraEV