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Mahindra Alturas G4 Car Loan EMI Calculator

Mahindra Alturas G4
Mahindra Alturas G4 45.27 Lakh
Versions 4WD AT
City Mumbai

Adjust Alturas G4 Car Loan Parameters

64,639 EMI for 5 Years
On-Road Price
45,27,009
Down Payment
Loan Tenure
Loan Interest Rate
%

Mahindra Alturas G4 4WD AT Car Loan EMI

On-Road Price ₹45,27,009
Ex-Showroom Price ₹31,87,912
Max Loan Amount ₹31,87,912
Down Payment as per
your Selection
13,39,097
Loan Amount 31,87,912
EMI Amount 64,639
Interest Component 6,90,428 (17.8%)
Principal Component 31,87,912 (82.2%)
Total Payable over 5 Years 38,78,340
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.

Months Principal Paid Interest Paid Balance Loan
12 ₹5,40,160 ₹2,35,512 ₹26,47,752
24 ₹5,84,993 ₹1,90,679 ₹20,62,759
36 ₹6,33,547 ₹1,42,125 ₹14,29,211
48 ₹6,86,131 ₹89,541 ₹7,43,080
60 ₹7,43,080 ₹32,592 ₹0

Mahindra Alturas G4 EMI

Mahindra Alturas G4 Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹13.39 Lakh

On-Road Price in Mumbai Down Payment EMI
2WD AT
₹40,93,278
12,05,368 58,556
4WD AT
₹45,27,009
13,39,097 64,639

FAQ’s

₹64,639.

Here is how - Mahindra Alturas G4 price starts from ₹45,27,009 in Mumbai. If you pay a down payment of ₹13,39,097 for a 5-year loan available at an 8% interest rate, your EMI amount will be ₹64,639.

The cheapest Alturas G4 model is 4WD AT which is priced at ₹64,639 in Delhi.

You will need to pay at least a ₹11,14,025 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 MumbaiMax Loan
4WD AT45270093187912

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 will be ₹49,687 but you will have to pay interest of ₹9,85,796 over the period of 7 years.

2. If you select a lower tenure loan, let's say 3 years, amount will be higher at ₹99,898, but your interest payment will be only ₹4,08,416 over the period of 3 years period.

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