EMI Calculator
MG Binguo EV EMI in Ahmedabad
Monthly installment, down payment, and city-specific stamp duty for MG Binguo EV in Ahmedabad.
Your Loan Parameters
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10%60%
1 yr7 yrs
Ex-showroom
₹11.00 L
On-road (Ahmedabad)
₹12.12 L
Down payment
₹2,42,330
Loan amount
₹9,69,320
EMI by Lender
Best rate in green · Based on typical published rates
| Bank | Rate | EMI | Total Interest | Processing |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | ₹19,887/mo | ₹2,23,905 | ₹7,270 |
| ICICI Bank | 8.75% p.a. | ₹20,004/mo | ₹2,30,925 | ₹4,847 |
| SBIBest | 8.25% p.a. | ₹19,770/mo | ₹2,16,910 | ₹3,393 |
| Axis Bank | 8.9% p.a. | ₹20,074/mo | ₹2,35,149 | ₹9,693 |
| Kotak Bank | 8.6% p.a. | ₹19,934/mo | ₹2,26,710 | ₹7,270 |
Ahmedabad On-Road Breakup
- Ex-showroom₹11.00 L
- Registration + RTO₹55,000
- Insurance (1 yr)₹44,000
- Stamp duty (0.15%)₹1,650
- On-road Ahmedabad₹12.12 L
Total Repayment (5 yrs)
- Monthly EMI (best rate)₹19,770
- Total paid to bank₹11,86,230
- Interest paid₹2,16,910
- Total cost (incl. DP)₹14,28,560
FAQs — MG Binguo EV EMI in Ahmedabad
What is the EMI for MG Binguo EV in Ahmedabad?
With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹19,770/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 MG Binguo EV?
Most banks require 10-20% down. With 20% down in Ahmedabad, you'd pay ₹2,42,330 upfront.
Is the on-road price in Ahmedabad different from ex-showroom?
Yes. Ahmedabad on-road price includes RTO (~5%), insurance (~4%), and stamp duty (0.15%) — adding about 10% to ex-showroom.
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