EMI Calculator
MG Binguo EV EMI in Hyderabad
Monthly installment, down payment, and city-specific stamp duty for MG Binguo EV in Hyderabad.
Your Loan Parameters
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10%60%
1 yr7 yrs
Ex-showroom
₹11.00 L
On-road (Hyderabad)
₹12.13 L
Down payment
₹2,42,550
Loan amount
₹9,70,200
EMI by Lender
Best rate in green · Based on typical published rates
| Bank | Rate | EMI | Total Interest | Processing |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | ₹19,905/mo | ₹2,24,108 | ₹7,277 |
| ICICI Bank | 8.75% p.a. | ₹20,022/mo | ₹2,31,135 | ₹4,851 |
| SBIBest | 8.25% p.a. | ₹19,788/mo | ₹2,17,107 | ₹3,396 |
| Axis Bank | 8.9% p.a. | ₹20,093/mo | ₹2,35,362 | ₹9,702 |
| Kotak Bank | 8.6% p.a. | ₹19,952/mo | ₹2,26,916 | ₹7,277 |
Hyderabad On-Road Breakup
- Ex-showroom₹11.00 L
- Registration + RTO₹55,000
- Insurance (1 yr)₹44,000
- Stamp duty (0.25%)₹2,750
- On-road Hyderabad₹12.13 L
Total Repayment (5 yrs)
- Monthly EMI (best rate)₹19,788
- Total paid to bank₹11,87,307
- Interest paid₹2,17,107
- Total cost (incl. DP)₹14,29,857
FAQs — MG Binguo EV EMI in Hyderabad
What is the EMI for MG Binguo EV in Hyderabad?
With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹19,788/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 Hyderabad, you'd pay ₹2,42,550 upfront.
Is the on-road price in Hyderabad different from ex-showroom?
Yes. Hyderabad on-road price includes RTO (~5%), insurance (~4%), and stamp duty (0.25%) — adding about 10% to ex-showroom.
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