Mahindra e2o PLUS Car Loan EMI Calculator
Mahindra e2o PLUS EMI starts at 15,131 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 0.88 Lakh. Mahindra e2o PLUS price starts at ₹ 8.34 Lakh and goes up to ₹ 11.68 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
P4
City
Mumbai
Adjust e2o PLUS Car Loan Parameters
On-Road Price
₹ 8,33,863₹ 15,131 for 5 Years
Mahindra e2o PLUS 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 | ₹ 1,26,450 | ₹ 55,122 | ₹ 6,19,775 |
24 | ₹ 1,36,945 | ₹ 44,627 | ₹ 4,82,830 |
36 | ₹ 1,48,311 | ₹ 33,261 | ₹ 3,34,519 |
48 | ₹ 1,60,621 | ₹ 20,951 | ₹ 1,73,898 |
60 | ₹ 1,73,898 | ₹ 7,621 | ₹ 0 |
Mahindra e2o PLUS EMI
Mahindra e2o PLUS Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 87,638
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
P4 ₹ 8,33,863 | ₹87,638 | ₹15,131 |
P6 ₹ 9,20,547 | ₹98,570 | ₹16,667 |
P8 ₹ 11,67,672 | ₹51,610 | ₹22,630 |
Check Car Loan EMIs of Mahindra e2o PLUS Similar Cars
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On-Road Price, Mumbai
Explore more about Mahindra e2o PLUS
e2o PLUS EMI FAQs
Here is how - Mahindra e2o PLUS price starts from ₹ 8,33,863 in Mumbai. If you pay a down payment of ₹ 87,638 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 15,131.
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 |
---|---|---|
P4 | ₹ 8,33,863 | ₹ 7,46,225 |
P6 | ₹ 9,20,547 | ₹ 8,21,977 |
P8 | ₹ 11,67,672 | ₹ 11,16,062 |
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 e2o PLUS P4 will be ₹ 12,997 but you will have to pay interest of ₹ 3,45,523 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 ₹ 26,130, but your interest payment will be only ₹ 1,94,455 over the 3 years period.