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      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.

      Mahindra Alturas G4
      MahindraAlturas G4₹ 33.66 - 38.89 Lakh

      Variant

      2WD AT [2018-2020]

      Right Arrow

      City

      Mumbai

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      Adjust Alturas G4 Car Loan Parameters

      On-Road Price

      ₹ 33,65,784

      Alturas G4 2WD AT [2018-2020] EMI

      56,169 for 5 Years

      Down Payment
      Loan Tenure (Months)
      Bank Interest Rate
      %

      Mahindra Alturas G4 2WD AT [2018-2020] Car Loan EMI

      On-Road Price₹ 33,65,784
      Ex-Showroom Price₹ 2770150
      Max Loan Amount₹ 2770150
      Down Payment as per your Selectiont₹ 5,95,634
      Loan Amount₹ 27,70,150
      EMI Amount 56,169
      Interest Component5,99,990(17.8%)
      Principal Component27,70,150(82.2%)
      Total Payable over 5 Years33,70,140
      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₹ 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 MumbaiMin Down PaymentEMI
      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

      Mahindra Alturas G4
      Mahindra Alturas G4
      ₹ 33.66 - 38.89 LakhOn-Road Price, Mumbai

      Alturas G4 EMI FAQs

      ₹ 56,169.
      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.
      The cheapest Alturas G4 model is 2WD AT [2018-2020] which is priced at ₹ 33,65,784 in Mumbai. You will need to pay at least a ₹ 5,95,634 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
      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.

      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 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.