EMI Calculator
Mercedes-Benz EQB EMI in Indore
Monthly installment, down payment, and city-specific stamp duty for Mercedes-Benz EQB in Indore.

Your Loan Parameters
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10%60%
1 yr7 yrs
Ex-showroom
₹72.20 L
On-road (Indore)
₹79.56 L
Down payment
₹15,91,288
Loan amount
₹63,65,152
EMI by Lender
Best rate in green · Based on typical published rates
| Bank | Rate | EMI | Total Interest | Processing |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | ₹1,30,591/mo | ₹14,70,298 | ₹47,739 |
| ICICI Bank | 8.75% p.a. | ₹1,31,359/mo | ₹15,16,395 | ₹31,826 |
| SBIBest | 8.25% p.a. | ₹1,29,825/mo | ₹14,24,363 | ₹22,278 |
| Axis Bank | 8.9% p.a. | ₹1,31,821/mo | ₹15,44,131 | ₹63,652 |
| Kotak Bank | 8.6% p.a. | ₹1,30,898/mo | ₹14,88,718 | ₹47,739 |
Indore On-Road Breakup
- Ex-showroom₹72.20 L
- Registration + RTO₹3,61,000
- Insurance (1 yr)₹2,88,800
- Stamp duty (0.2%)₹14,440
- On-road Indore₹79.56 L
Total Repayment (5 yrs)
- Monthly EMI (best rate)₹1,29,825
- Total paid to bank₹77,89,515
- Interest paid₹14,24,363
- Total cost (incl. DP)₹93,80,803
FAQs — Mercedes-Benz EQB EMI in Indore
What is the EMI for Mercedes-Benz EQB in Indore?
With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹1,29,825/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 Indore, you'd pay ₹15,91,288 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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