Please Tell Us Your City

location icon
    location iconClose
      Sorry!! No Matching Results found. Try Again.
      Close

      Mahindra Marazzo Car Loan EMI Calculator

      Mahindra Marazzo EMI starts at 29,186 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 2.97 Lakh. Mahindra Marazzo price starts at ₹ 17.36 Lakh and goes up to ₹ 20.27 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      Mahindra Marazzo
      MahindraMarazzo₹ 17.36 - 20.27 Lakh

      Variant

      M2 7 STR

      Right Arrow

      City

      Mumbai

      Right Arrow

      Adjust Marazzo Car Loan Parameters

      On-Road Price

      ₹ 17,36,497

      Marazzo M2 7 STR EMI

      29,186 for 5 Years

      Down Payment
      Loan Tenure (Months)
      Bank Interest Rate
      %

      Mahindra Marazzo M2 7 STR Car Loan EMI

      On-Road Price₹ 17,36,497
      Ex-Showroom Price₹ 1439400
      Max Loan Amount₹ 1439400
      Down Payment as per your Selectiont₹ 2,97,097
      Loan Amount₹ 14,39,400
      EMI Amount 29,186
      Interest Component3,11,760(17.8%)
      Principal Component14,39,400(82.2%)
      Total Payable over 5 Years17,51,160
      Note: This doesn't include bank processing fee.

      Mahindra Marazzo 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₹ 2,43,899₹ 1,06,333₹ 11,95,501
      24₹ 2,64,143₹ 86,089₹ 9,31,358
      36₹ 2,86,067₹ 64,165₹ 6,45,291
      48₹ 3,09,810₹ 40,422₹ 3,35,481
      60₹ 3,35,481₹ 14,708₹ 0

      Mahindra Marazzo EMI

      Mahindra Marazzo Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 2,97,097

      On-Road Price in MumbaiMin Down PaymentEMI
      M2 7 STR

      ₹ 17,36,497

      ₹2,97,097₹29,186
      M2 8 STR

      ₹ 17,36,497

      ₹2,97,097₹29,186
      M4 Plus 7 STR

      ₹ 18,91,181

      ₹3,25,180₹31,753
      M4 Plus 8 STR

      ₹ 19,00,935

      ₹3,26,735₹31,919
      M6 Plus 7 STR

      ₹ 20,17,279

      ₹3,45,278₹33,902
      M6 Plus 8 STR

      ₹ 20,27,033

      ₹3,46,833₹34,068

      Check Car Loan EMIs of Mahindra Marazzo Similar Cars

      Kia Carens
      Kia Carens

      ₹ 12.40 - 23.30 Lakh

      On-Road Price, Mumbai

      Toyota Innova Crysta
      Toyota Innova Crysta

      ₹ 24.13 - 31.89 Lakh

      On-Road Price, Mumbai

      Force Motors Trax Cruiser
      Force Motors Trax Cruiser

      ₹ 16.90 - 18.61 Lakh

      On-Road Price, Mumbai

      Maruti Suzuki XL6
      Maruti Suzuki XL6

      ₹ 13.63 - 17.29 Lakh

      On-Road Price, Mumbai

      Maruti Suzuki Ertiga
      Maruti Suzuki Ertiga

      ₹ 10.12 - 15.34 Lakh

      On-Road Price, Mumbai

      Toyota Rumion
      Toyota Rumion

      ₹ 12.33 - 16.15 Lakh

      On-Road Price, Mumbai

      Force Motors Gurkha
      Force Motors Gurkha

      ₹ 18.45 Lakh

      On-Road Price, Mumbai

      Mahindra Scorpio
      Mahindra Scorpio

      ₹ 16.60 - 21.12 Lakh

      On-Road Price, Mumbai

      Mahindra Thar
      Mahindra Thar

      ₹ 13.62 - 21.42 Lakh

      On-Road Price, Mumbai

      Explore more about Mahindra Marazzo

      Mahindra Marazzo
      Mahindra Marazzo
      ₹ 17.36 - 20.27 LakhOn-Road Price, Mumbai

      Marazzo EMI FAQs

      ₹ 29,186.
      Here is how - Mahindra Marazzo price starts from ₹ 17,36,497 in Mumbai. If you pay a down payment of ₹ 2,97,097 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 29,186.
      The cheapest Marazzo model is M2 7 STR which is priced at ₹ 17,36,497 in Mumbai. You will need to pay at least a ₹ 2,97,097 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 Marazzo.
      VersionOn-road price in MumbaiMax Loan
      M2 7 STR₹ 17,36,497₹ 14,39,400
      M2 8 STR₹ 17,36,497₹ 14,39,400
      M4 Plus 7 STR₹ 18,91,181₹ 15,66,001
      M4 Plus 8 STR₹ 19,00,935₹ 15,74,200
      M6 Plus 7 STR₹ 20,17,279₹ 16,72,001
      M6 Plus 8 STR₹ 20,27,033₹ 16,80,200

      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 Marazzo M2 7 STR will be ₹ 27,065 but you will have to pay interest of ₹ 8,34,060 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 ₹ 54,416, but your interest payment will be only ₹ 5,19,576 over the 3 years period.