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    Mahindra XUV 400 Electric EMI in Indore

    Monthly installment, down payment, and city-specific stamp duty for Mahindra XUV 400 Electric in Indore.

    Mahindra XUV 400 Electric

    Your Loan Parameters

    Adjust down payment and tenure to see EMIs update live

    10%60%
    1 yr7 yrs
    Ex-showroom

    ₹15.49 L

    On-road (Indore)

    ₹17.07 L

    Down payment

    ₹3,41,400

    Loan amount

    ₹13,65,598

    EMI by Lender

    Best rate in green · Based on typical published rates

    BankRateEMITotal InterestProcessing
    HDFC Bank8.5% p.a.28,017/mo3,15,44210,242
    ICICI Bank8.75% p.a.28,182/mo3,25,3326,828
    SBIBest8.25% p.a.27,853/mo3,05,5874,780
    Axis Bank8.9% p.a.28,281/mo3,31,28213,656
    Kotak Bank8.6% p.a.28,083/mo3,19,39410,242

    Indore On-Road Breakup

    • Ex-showroom₹15.49 L
    • Registration + RTO77,450
    • Insurance (1 yr)61,960
    • Stamp duty (0.2%)3,098
    • On-road Indore₹17.07 L

    Total Repayment (5 yrs)

    • Monthly EMI (best rate)27,853
    • Total paid to bank16,71,185
    • Interest paid3,05,587
    • Total cost (incl. DP)20,12,585

    FAQs — Mahindra XUV 400 Electric EMI in Indore

    What is the EMI for Mahindra XUV 400 Electric in Indore?

    With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹27,853/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 XUV 400 Electric?

    Most banks require 10-20% down. With 20% down in Indore, you'd pay ₹3,41,400 upfront.

    Is the on-road price in Indore different from ex-showroom?

    Yes. Indore 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 XUV 400 Electric EMI Calculator in Indore 2026 — Monthly Installment, Down Payment | MeraEV