EMI Calculator
Mahindra XEV 9S EMI in Chennai
Monthly installment, down payment, and city-specific stamp duty for Mahindra XEV 9S in Chennai.
Your Loan Parameters
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10%60%
1 yr7 yrs
Ex-showroom
₹19.95 L
On-road (Chennai)
₹22.04 L
Down payment
₹4,40,895
Loan amount
₹17,63,580
EMI by Lender
Best rate in green · Based on typical published rates
| Bank | Rate | EMI | Total Interest | Processing |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | ₹36,183/mo | ₹4,07,373 | ₹13,227 |
| ICICI Bank | 8.75% p.a. | ₹36,395/mo | ₹4,20,145 | ₹8,818 |
| SBIBest | 8.25% p.a. | ₹35,970/mo | ₹3,94,645 | ₹6,173 |
| Axis Bank | 8.9% p.a. | ₹36,523/mo | ₹4,27,829 | ₹17,636 |
| Kotak Bank | 8.6% p.a. | ₹36,268/mo | ₹4,12,476 | ₹13,227 |
Chennai On-Road Breakup
- Ex-showroom₹19.95 L
- Registration + RTO₹99,750
- Insurance (1 yr)₹79,800
- Stamp duty (0.5%)₹9,975
- On-road Chennai₹22.04 L
Total Repayment (5 yrs)
- Monthly EMI (best rate)₹35,970
- Total paid to bank₹21,58,225
- Interest paid₹3,94,645
- Total cost (incl. DP)₹25,99,120
FAQs — Mahindra XEV 9S EMI in Chennai
What is the EMI for Mahindra XEV 9S in Chennai?
With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹35,970/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 Chennai, you'd pay ₹4,40,895 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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