EMI Calculator
Maruti Suzuki WagonR Electric EMI in Mumbai
Monthly installment, down payment, and city-specific stamp duty for Maruti Suzuki WagonR Electric in Mumbai.

Your Loan Parameters
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10%60%
1 yr7 yrs
Ex-showroom
₹8.00 L
On-road (Mumbai)
₹8.82 L
Down payment
₹1,76,400
Loan amount
₹7,05,600
EMI by Lender
Best rate in green · Based on typical published rates
| Bank | Rate | EMI | Total Interest | Processing |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | ₹14,476/mo | ₹1,62,988 | ₹5,292 |
| ICICI Bank | 8.75% p.a. | ₹14,562/mo | ₹1,68,098 | ₹3,528 |
| SBIBest | 8.25% p.a. | ₹14,392/mo | ₹1,57,896 | ₹2,470 |
| Axis Bank | 8.9% p.a. | ₹14,613/mo | ₹1,71,172 | ₹7,056 |
| Kotak Bank | 8.6% p.a. | ₹14,510/mo | ₹1,65,030 | ₹5,292 |
Mumbai On-Road Breakup
- Ex-showroom₹8.00 L
- Registration + RTO₹40,000
- Insurance (1 yr)₹32,000
- Stamp duty (0.25%)₹2,000
- On-road Mumbai₹8.82 L
Total Repayment (5 yrs)
- Monthly EMI (best rate)₹14,392
- Total paid to bank₹8,63,496
- Interest paid₹1,57,896
- Total cost (incl. DP)₹10,39,896
FAQs — Maruti Suzuki WagonR Electric EMI in Mumbai
What is the EMI for Maruti Suzuki WagonR Electric in Mumbai?
With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹14,392/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 Maruti Suzuki WagonR Electric?
Most banks require 10-20% down. With 20% down in Mumbai, you'd pay ₹1,76,400 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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