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        Mahindra Alturas G4 Car Loan EMI Calculator

        Mahindra Alturas G4 EMI starts at 62,199 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 6.55 Lakh. Mahindra Alturas G4 price starts at ₹ 37.23 Lakh and goes up to ₹ 38.89 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

        Mahindra Alturas G4
        MahindraAlturas G4₹ 37.23 - 38.89 Lakh

        Version

        2WD High AT

        Right Arrow

        City

        Mumbai

        Right Arrow

        Adjust Alturas G4 Car Loan Parameters

        On-Road Price

        ₹ 37,22,680

        Alturas G4 2WD High AT EMI

        62,199 for 5 Years

        Down Payment
        Loan Tenure (Months)
        Bank Interest Rate
        %

        Mahindra Alturas G4 2WD High AT Car Loan EMI

        On-Road Price₹ 37,22,680
        Ex-Showroom Price₹ 30,67,555
        Max Loan Amount₹ 30,67,555
        Down Payment as per your Selectiont₹ 6,55,125
        Loan Amount₹ 30,67,555
        EMI Amount 62,199
        Interest Component6,64,385(17.8%)
        Principal Component30,67,555(82.2%)
        Total Payable over 5 Years37,31,940
        Note: This doesn't include bank processing fee.

        Mahindra Alturas G4 Loan Repayment Schedule

        This table helps you understand, how much loan payment will be pending at the end of the each year of the loan. This way, you can arrive at the amount you will need if you decide to pre-pay your loan.

        MonthsPrincipal PaidInterest PaidBalance Loan
        12₹ 5,19,773₹ 2,26,615₹ 25,47,782
        24₹ 5,62,916₹ 1,83,472₹ 19,84,866
        36₹ 6,09,636₹ 1,36,752₹ 13,75,230
        48₹ 6,60,237₹ 86,151₹ 7,14,993
        60₹ 7,14,993₹ 31,353₹ 0

        Mahindra Alturas G4 EMI

        Mahindra Alturas G4 Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 6,55,125

        On-Road Price in MumbaiMin Down PaymentEMI
        4WD AT

        ₹ 38,89,427

        ₹7,01,515₹64,639
        2WD High AT

        ₹ 37,22,680

        ₹6,55,125₹62,199

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        Explore more about Mahindra Alturas G4

        Mahindra Alturas G4
        Mahindra Alturas G4
        ₹ 37.23 - 38.89 Lakh On-Road Price, Mumbai

        Alturas G4 EMI FAQs

        ₹ 62,199.
        Here is how - Mahindra Alturas G4 price starts from ₹ 37,22,680 in Mumbai. If you pay a down payment of ₹ 6,55,125 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 62,199.
        The cheapest Alturas G4 model is 2WD High AT which is priced at ₹ 37,22,680 in Mumbai. You will need to pay at least a ₹ 6,55,125 down payment to buy this model.

        Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.
        Here is a model wise list of max loan amount for Alturas G4.
        VersionOn-road price in MumbaiMax Loan
        4WD AT₹ 38,89,427₹ 31,87,912
        2WD High AT₹ 37,22,680₹ 30,67,555

        As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.

        Good Practice will be to chose the shortest possible tenure for which you can afford an EMI amount.
        • 1. If you select a higher tenure loan, let's say 7 years, your EMI for Alturas G4 2WD High AT will be ₹ 58,022 but you will have to pay interest of ₹ 18,06,293 over the period of 7 years.
        • 2. If you select a lower tenure loan, let's say 3 years, your EMI amount will be higher at ₹ 1,16,655, but your interest payment will be only ₹ 11,32,025 over the 3 years period.