EMI Calculator
Mercedes-Benz EQB EMI in Chennai
Monthly installment, down payment, and city-specific stamp duty for Mercedes-Benz EQB in Chennai.
Your Loan Parameters
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10%60%
1 yr7 yrs
Ex-showroom
₹72.20 L
On-road (Chennai)
₹79.78 L
Down payment
₹15,95,620
Loan amount
₹63,82,480
EMI by Lender
Best rate in green · Based on typical published rates
| Bank | Rate | EMI | Total Interest | Processing |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | ₹1,30,946/mo | ₹14,74,301 | ₹47,869 |
| ICICI Bank | 8.75% p.a. | ₹1,31,717/mo | ₹15,20,524 | ₹31,912 |
| SBIBest | 8.25% p.a. | ₹1,30,179/mo | ₹14,28,240 | ₹22,339 |
| Axis Bank | 8.9% p.a. | ₹1,32,180/mo | ₹15,48,334 | ₹63,825 |
| Kotak Bank | 8.6% p.a. | ₹1,31,254/mo | ₹14,92,771 | ₹47,869 |
Chennai On-Road Breakup
- Ex-showroom₹72.20 L
- Registration + RTO₹3,61,000
- Insurance (1 yr)₹2,88,800
- Stamp duty (0.5%)₹36,100
- On-road Chennai₹79.78 L
Total Repayment (5 yrs)
- Monthly EMI (best rate)₹1,30,179
- Total paid to bank₹78,10,720
- Interest paid₹14,28,240
- Total cost (incl. DP)₹94,06,340
FAQs — Mercedes-Benz EQB EMI in Chennai
What is the EMI for Mercedes-Benz EQB in Chennai?
With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹1,30,179/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 EQB?
Most banks require 10-20% down. With 20% down in Chennai, you'd pay ₹15,95,620 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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