Mahindra Alturas G4 Car Loan EMI Calculator
Mahindra Alturas G4 EMI starts at 56,169 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 5.96 Lakh. Mahindra Alturas G4 price starts at ₹ 33.66 Lakh and goes up to ₹ 38.89 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
2WD AT [2018-2020]
City
Mumbai
Adjust Alturas G4 Car Loan Parameters
On-Road Price
₹ 33,65,784₹ 56,169 for 5 Years
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.
Months | Principal Paid | Interest Paid | Balance Loan |
---|---|---|---|
12 | ₹ 4,69,384 | ₹ 2,04,644 | ₹ 23,00,766 |
24 | ₹ 5,08,342 | ₹ 1,65,686 | ₹ 17,92,424 |
36 | ₹ 5,50,536 | ₹ 1,23,492 | ₹ 12,41,888 |
48 | ₹ 5,96,229 | ₹ 77,799 | ₹ 6,45,659 |
60 | ₹ 6,45,659 | ₹ 28,312 | ₹ 0 |
Mahindra Alturas G4 EMI
Mahindra Alturas G4 Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 5,95,634
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
2WD AT [2018-2020] ₹ 33,65,784 | ₹5,95,634 | ₹56,169 |
4WD AT [2018-2020] ₹ 37,25,502 | ₹6,55,352 | ₹62,252 |
4WD AT ₹ 38,89,427 | ₹7,01,515 | ₹64,639 |
2WD AT ₹ 35,15,696 | ₹6,27,786 | ₹58,556 |
2WD High AT ₹ 37,22,680 | ₹6,55,125 | ₹62,199 |
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Explore more about Mahindra Alturas G4
Alturas G4 EMI FAQs
Here is how - Mahindra Alturas G4 price starts from ₹ 33,65,784 in Mumbai. If you pay a down payment of ₹ 5,95,634 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 56,169.
Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.
Version | On-road price in Mumbai | Max Loan |
---|---|---|
2WD AT [2018-2020] | ₹ 33,65,784 | ₹ 27,70,150 |
4WD AT [2018-2020] | ₹ 37,25,502 | ₹ 30,70,150 |
4WD AT | ₹ 38,89,427 | ₹ 31,87,912 |
2WD AT | ₹ 35,15,696 | ₹ 28,87,910 |
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.
- 1. If you select a higher tenure loan, let's say 7 years, your EMI for Alturas G4 2WD AT [2018-2020] will be ₹ 52,460 but you will have to pay interest of ₹ 16,36,490 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 ₹ 1,05,471, but your interest payment will be only ₹ 10,26,806 over the 3 years period.