EMI Calculator
Mercedes-Benz EQS SUV EV EMI in Chennai
Monthly installment, down payment, and city-specific stamp duty for Mercedes-Benz EQS SUV EV in Chennai.
Your Loan Parameters
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10%60%
1 yr7 yrs
Ex-showroom
₹133.50 L
On-road (Chennai)
₹147.52 L
Down payment
₹29,50,350
Loan amount
₹1,18,01,400
EMI by Lender
Best rate in green · Based on typical published rates
| Bank | Rate | EMI | Total Interest | Processing |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | ₹2,42,124/mo | ₹27,26,028 | ₹88,511 |
| ICICI Bank | 8.75% p.a. | ₹2,43,548/mo | ₹28,11,494 | ₹59,007 |
| SBIBest | 8.25% p.a. | ₹2,40,704/mo | ₹26,40,859 | ₹41,305 |
| Axis Bank | 8.9% p.a. | ₹2,44,405/mo | ₹28,62,917 | ₹1,18,014 |
| Kotak Bank | 8.6% p.a. | ₹2,42,693/mo | ₹27,60,178 | ₹88,511 |
Chennai On-Road Breakup
- Ex-showroom₹133.50 L
- Registration + RTO₹6,67,500
- Insurance (1 yr)₹5,34,000
- Stamp duty (0.5%)₹66,750
- On-road Chennai₹147.52 L
Total Repayment (5 yrs)
- Monthly EMI (best rate)₹2,40,704
- Total paid to bank₹1,44,42,259
- Interest paid₹26,40,859
- Total cost (incl. DP)₹1,73,92,609
FAQs — Mercedes-Benz EQS SUV EV EMI in Chennai
What is the EMI for Mercedes-Benz EQS SUV EV in Chennai?
With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹2,40,704/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 EQS SUV EV?
Most banks require 10-20% down. With 20% down in Chennai, you'd pay ₹29,50,350 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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