EMI Calculator
Mahindra XEV 9S EMI in Mumbai
Monthly installment, down payment, and city-specific stamp duty for Mahindra XEV 9S in Mumbai.
Your Loan Parameters
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10%60%
1 yr7 yrs
Ex-showroom
₹19.95 L
On-road (Mumbai)
₹21.99 L
Down payment
₹4,39,898
Loan amount
₹17,59,590
EMI by Lender
Best rate in green · Based on typical published rates
| Bank | Rate | EMI | Total Interest | Processing |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | ₹36,101/mo | ₹4,06,451 | ₹13,197 |
| ICICI Bank | 8.75% p.a. | ₹36,313/mo | ₹4,19,194 | ₹8,798 |
| SBIBest | 8.25% p.a. | ₹35,889/mo | ₹3,93,752 | ₹6,159 |
| Axis Bank | 8.9% p.a. | ₹36,441/mo | ₹4,26,861 | ₹17,596 |
| Kotak Bank | 8.6% p.a. | ₹36,186/mo | ₹4,11,543 | ₹13,197 |
Mumbai On-Road Breakup
- Ex-showroom₹19.95 L
- Registration + RTO₹99,750
- Insurance (1 yr)₹79,800
- Stamp duty (0.25%)₹4,988
- On-road Mumbai₹21.99 L
Total Repayment (5 yrs)
- Monthly EMI (best rate)₹35,889
- Total paid to bank₹21,53,342
- Interest paid₹3,93,752
- Total cost (incl. DP)₹25,93,240
FAQs — Mahindra XEV 9S EMI in Mumbai
What is the EMI for Mahindra XEV 9S in Mumbai?
With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹35,889/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 Mumbai, you'd pay ₹4,39,898 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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