EMI Calculator
Mg M9 EMI in Pune
Monthly installment, down payment, and city-specific stamp duty for Mg M9 in Pune.
Your Loan Parameters
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10%60%
1 yr7 yrs
Ex-showroom
₹69.90 L
On-road (Pune)
₹77.06 L
Down payment
₹15,41,295
Loan amount
₹61,65,181
EMI by Lender
Best rate in green · Based on typical published rates
| Bank | Rate | EMI | Total Interest | Processing |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | ₹1,26,488/mo | ₹14,24,107 | ₹46,239 |
| ICICI Bank | 8.75% p.a. | ₹1,27,232/mo | ₹14,68,755 | ₹30,826 |
| SBIBest | 8.25% p.a. | ₹1,25,747/mo | ₹13,79,614 | ₹21,578 |
| Axis Bank | 8.9% p.a. | ₹1,27,680/mo | ₹14,95,620 | ₹61,652 |
| Kotak Bank | 8.6% p.a. | ₹1,26,785/mo | ₹14,41,948 | ₹46,239 |
Pune On-Road Breakup
- Ex-showroom₹69.90 L
- Registration + RTO₹3,49,500
- Insurance (1 yr)₹2,79,600
- Stamp duty (0.25%)₹17,475
- On-road Pune₹77.06 L
Total Repayment (5 yrs)
- Monthly EMI (best rate)₹1,25,747
- Total paid to bank₹75,44,795
- Interest paid₹13,79,614
- Total cost (incl. DP)₹90,86,090
FAQs — Mg M9 EMI in Pune
What is the EMI for Mg M9 in Pune?
With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹1,25,747/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 M9?
Most banks require 10-20% down. With 20% down in Pune, you'd pay ₹15,41,295 upfront.
Is the on-road price in Pune different from ex-showroom?
Yes. Pune on-road price includes RTO (~5%), insurance (~4%), and stamp duty (0.25%) — adding about 10% to ex-showroom.
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