HomeTesla Model XEMI in Mumbai

    EMI Calculator

    Tesla Model X EMI in Mumbai

    Monthly installment, down payment, and city-specific stamp duty for Tesla Model X in Mumbai.

    Tesla Model X

    Your Loan Parameters

    Adjust down payment and tenure to see EMIs update live

    10%60%
    1 yr7 yrs
    Ex-showroom

    ₹200.00 L

    On-road (Mumbai)

    ₹220.50 L

    Down payment

    ₹44,10,000

    Loan amount

    ₹1,76,40,000

    EMI by Lender

    Best rate in green · Based on typical published rates

    BankRateEMITotal InterestProcessing
    HDFC Bank8.5% p.a.3,61,912/mo40,74,6971,32,300
    ICICI Bank8.75% p.a.3,64,041/mo42,02,44788,200
    SBIBest8.25% p.a.3,59,790/mo39,47,39361,740
    Axis Bank8.9% p.a.3,65,322/mo42,79,3111,76,400
    Kotak Bank8.6% p.a.3,62,762/mo41,25,7431,32,300

    Mumbai On-Road Breakup

    • Ex-showroom₹200.00 L
    • Registration + RTO10,00,000
    • Insurance (1 yr)8,00,000
    • Stamp duty (0.25%)50,000
    • On-road Mumbai₹220.50 L

    Total Repayment (5 yrs)

    • Monthly EMI (best rate)3,59,790
    • Total paid to bank2,15,87,393
    • Interest paid39,47,393
    • Total cost (incl. DP)2,59,97,393

    FAQs — Tesla Model X EMI in Mumbai

    What is the EMI for Tesla Model X in Mumbai?

    With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹3,59,790/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 Tesla Model X?

    Most banks require 10-20% down. With 20% down in Mumbai, you'd pay ₹44,10,000 upfront.

    Is the on-road price in Mumbai different from ex-showroom?

    Yes. Mumbai on-road price includes RTO (~5%), insurance (~4%), and stamp duty (0.25%) — adding about 10% to ex-showroom.

    Get pre-approved loan offers

    Share your details and we'll connect you with top lenders in Mumbai.

    Tesla Tesla Model X EMI Calculator in Mumbai 2026 — Monthly Installment, Down Payment | MeraEV