EMI Calculator
Mercedes-Benz EQA EMI in Chennai
Monthly installment, down payment, and city-specific stamp duty for Mercedes-Benz EQA in Chennai.
Your Loan Parameters
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10%60%
1 yr7 yrs
Ex-showroom
₹67.20 L
On-road (Chennai)
₹74.26 L
Down payment
₹14,85,120
Loan amount
₹59,40,480
EMI by Lender
Best rate in green · Based on typical published rates
| Bank | Rate | EMI | Total Interest | Processing |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | ₹1,21,878/mo | ₹13,72,203 | ₹44,554 |
| ICICI Bank | 8.75% p.a. | ₹1,22,595/mo | ₹14,15,224 | ₹29,702 |
| SBIBest | 8.25% p.a. | ₹1,21,164/mo | ₹13,29,332 | ₹20,792 |
| Axis Bank | 8.9% p.a. | ₹1,23,026/mo | ₹14,41,109 | ₹59,405 |
| Kotak Bank | 8.6% p.a. | ₹1,22,165/mo | ₹13,89,393 | ₹44,554 |
Chennai On-Road Breakup
- Ex-showroom₹67.20 L
- Registration + RTO₹3,36,000
- Insurance (1 yr)₹2,68,800
- Stamp duty (0.5%)₹33,600
- On-road Chennai₹74.26 L
Total Repayment (5 yrs)
- Monthly EMI (best rate)₹1,21,164
- Total paid to bank₹72,69,812
- Interest paid₹13,29,332
- Total cost (incl. DP)₹87,54,932
FAQs — Mercedes-Benz EQA EMI in Chennai
What is the EMI for Mercedes-Benz EQA in Chennai?
With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹1,21,164/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 Mercedes-Benz EQA?
Most banks require 10-20% down. With 20% down in Chennai, you'd pay ₹14,85,120 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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