Mahindra e2o PLUS Car Loan EMI Calculator

Mahindra e2o PLUS EMI starts at 15,162 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ N/A . Mahindra e2o PLUS price starts at ₹ 7.48 Lakh and goes up to ₹ 11.49 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

Mahindrae2o PLUS₹ 7.48 - 11.49 Lakh

Variant

City

Rawatbhata

Adjust e2o PLUS Car Loan Parameters

On-Road Price

₹ 7,47,744

₹ 15,162 for 5 Years

Down Payment

₹

Loan Tenure (Months)

Bank Interest Rate

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

Mahindra e2o PLUS EMI

Mahindra e2o PLUS Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 0

On-Road Price in Rawatbhata	Min Down Payment	EMI
P4 ₹ 7,47,744	₹0	₹15,162
P6 ₹ 8,23,496	₹0	₹16,698
P8 ₹ 11,49,024	₹0	₹23,298

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Explore more about Mahindra e2o PLUS

Mahindra e2o PLUS

₹ 7.48 - 11.49 Lakh On-Road Price, Rawatbhata

e2o PLUS EMI FAQs

What is EMI for Mahindra e2o PLUS?

₹ 15,162.
Here is how - Mahindra e2o PLUS price starts from ₹ 7,47,744 in Rawatbhata. If you pay a down payment of ₹ 0 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 15,162.

How many years I should take a car loan?

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 e2o PLUS P4 will be ₹ 11,654 but you will have to pay interest of ₹ 2,31,192 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 ₹ 23,432, but your interest payment will be only ₹ 95,808 over the 3 years period.

What will be the minimum monthly instalment amount to buy e2o PLUS?

₹ 15,162
Mahindra e2o PLUS price starts from ₹ 7,47,744 in Rawatbhata.

We have considered
Down-payement : ₹ 0
Tenure : 5 years
Interest Rate : 8%

Can I get a car loan to buy a new e2o PLUS?

You will need to fulfill the following 2 criteria to buy e2o PLUS with a loan

1. Age should be above 21
2. Your annual income should be above ₹ 2,50,000

Interest Component	₹ 1,61,976(17.8%)
Principal Component	₹ 7,47,744(82.2%)
Total Payable over 5 Years	₹ 9,09,720
Note: This doesn't include bank processing fee.

On-Road Price	₹ 7,47,744
Down Payment as per your Selectiont	₹ 0
Loan Amount	₹ 7,47,744
EMI Amount	₹ 15,162

Mahindra e2o PLUS Car Loan EMI Calculator

Adjust e2o PLUS Car Loan Parameters

Mahindra e2o PLUS P4 Car Loan EMI

Mahindra e2o PLUS Loan Repayment Schedule

Mahindra e2o PLUS EMI

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Explore more about Mahindra e2o PLUS

e2o PLUS EMI FAQs