EMI Calculator

    PMV Electric PMV EaS-E EMI in Chennai

    Monthly installment, down payment, and city-specific stamp duty for PMV Electric PMV EaS-E in Chennai.

    PMV Electric PMV EaS-E

    Your Loan Parameters

    Adjust down payment and tenure to see EMIs update live

    10%60%
    1 yr7 yrs
    Ex-showroom

    ₹4.79 L

    On-road (Chennai)

    ₹5.29 L

    Down payment

    ₹1,05,859

    Loan amount

    ₹4,23,436

    EMI by Lender

    Best rate in green · Based on typical published rates

    BankRateEMITotal InterestProcessing
    HDFC Bank8.5% p.a.8,687/mo97,8103,176
    ICICI Bank8.75% p.a.8,739/mo1,00,8772,117
    SBIBest8.25% p.a.8,637/mo94,7541,482
    Axis Bank8.9% p.a.8,769/mo1,02,7224,234
    Kotak Bank8.6% p.a.8,708/mo99,0363,176

    Chennai On-Road Breakup

    • Ex-showroom₹4.79 L
    • Registration + RTO23,950
    • Insurance (1 yr)19,160
    • Stamp duty (0.5%)2,395
    • On-road Chennai₹5.29 L

    Total Repayment (5 yrs)

    • Monthly EMI (best rate)8,637
    • Total paid to bank5,18,190
    • Interest paid94,754
    • Total cost (incl. DP)6,24,049

    FAQs — PMV Electric PMV EaS-E EMI in Chennai

    What is the EMI for PMV Electric PMV EaS-E in Chennai?

    With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹8,637/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 PMV Electric PMV EaS-E?

    Most banks require 10-20% down. With 20% down in Chennai, you'd pay ₹1,05,859 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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    PMV Electric PMV EaS-E EMI Calculator in Chennai 2026 — Monthly Installment, Down Payment | MeraEV