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    Tesla Model Y EMI in Chennai

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

    Tesla Model Y

    Your Loan Parameters

    Adjust down payment and tenure to see EMIs update live

    10%60%
    1 yr7 yrs
    Ex-showroom

    ₹59.89 L

    On-road (Chennai)

    ₹66.18 L

    Down payment

    ₹13,23,569

    Loan amount

    ₹52,94,276

    EMI by Lender

    Best rate in green · Based on typical published rates

    BankRateEMITotal InterestProcessing
    HDFC Bank8.5% p.a.1,08,620/mo12,22,93539,707
    ICICI Bank8.75% p.a.1,09,259/mo12,61,27626,471
    SBIBest8.25% p.a.1,07,983/mo11,84,72718,530
    Axis Bank8.9% p.a.1,09,644/mo12,84,34652,943
    Kotak Bank8.6% p.a.1,08,876/mo12,38,25539,707

    Chennai On-Road Breakup

    • Ex-showroom₹59.89 L
    • Registration + RTO2,99,450
    • Insurance (1 yr)2,39,560
    • Stamp duty (0.5%)29,945
    • On-road Chennai₹66.18 L

    Total Repayment (5 yrs)

    • Monthly EMI (best rate)1,07,983
    • Total paid to bank64,79,003
    • Interest paid11,84,727
    • Total cost (incl. DP)78,02,572

    FAQs — Tesla Model Y EMI in Chennai

    What is the EMI for Tesla Model Y in Chennai?

    With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹1,07,983/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 Y?

    Most banks require 10-20% down. With 20% down in Chennai, you'd pay ₹13,23,569 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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    Tesla Tesla Model Y EMI Calculator in Chennai 2026 — Monthly Installment, Down Payment | MeraEV