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      Mahindra Scorpio Car Loan EMI Calculator

      Mahindra Scorpio EMI starts at 26,357 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 2.84 Lakh. Mahindra Scorpio price starts at ₹ 15.84 Lakh and goes up to ₹ 20.38 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      Mahindra Scorpio
      MahindraScorpio₹ 15.84 - 20.38 Lakh

      Version

      S MT 7STR

      Right Arrow

      City

      Mumbai

      Right Arrow

      Adjust Scorpio Car Loan Parameters

      On-Road Price

      ₹ 15,83,945

      Scorpio S MT 7STR EMI

      26,357 for 5 Years

      Down Payment
      Loan Tenure (Months)
      Bank Interest Rate
      %

      Mahindra Scorpio S MT 7STR Car Loan EMI

      On-Road Price₹ 15,83,945
      Ex-Showroom Price₹ 1299901
      Max Loan Amount₹ 1299901
      Down Payment as per your Selectiont₹ 2,84,044
      Loan Amount₹ 12,99,901
      EMI Amount 26,357
      Interest Component2,81,519(17.8%)
      Principal Component12,99,901(82.2%)
      Total Payable over 5 Years15,81,420
      Note: This doesn't include bank processing fee.

      Mahindra Scorpio 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₹ 2,20,257₹ 96,027₹ 10,79,644
      24₹ 2,38,540₹ 77,744₹ 8,41,104
      36₹ 2,58,338₹ 57,946₹ 5,82,766
      48₹ 2,79,778₹ 36,506₹ 3,02,988
      60₹ 3,02,988₹ 13,283₹ 0

      Mahindra Scorpio EMI

      Mahindra Scorpio Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 2,84,044

      On-Road Price in MumbaiMin Down PaymentEMI
      S MT 7STR

      ₹ 15,83,945

      ₹2,84,044₹26,357
      S11 MT 7S

      ₹ 20,37,870

      ₹3,56,568₹34,091
      S MT 9STR

      ₹ 16,14,339

      ₹2,88,538₹26,882
      S11 MT 7S CC

      ₹ 20,37,870

      ₹3,56,568₹34,091

      Check Car Loan EMIs of Mahindra Scorpio Similar Cars

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      Explore more about Mahindra Scorpio

      Mahindra Scorpio
      Mahindra Scorpio
      ₹ 15.84 - 20.38 Lakh On-Road Price, Mumbai

      Scorpio EMI FAQs

      ₹ 26,357.
      Here is how - Mahindra Scorpio price starts from ₹ 15,83,945 in Mumbai. If you pay a down payment of ₹ 2,84,044 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 26,357.
      The cheapest Scorpio model is S MT 7STR which is priced at ₹ 15,83,945 in Mumbai. You will need to pay at least a ₹ 2,84,044 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 Scorpio.
      VersionOn-road price in MumbaiMax Loan
      S MT 7STR₹ 15,83,945₹ 12,99,901
      S11 MT 7S₹ 20,37,870₹ 16,81,302
      S MT 9STR₹ 16,14,339₹ 13,25,801
      S11 MT 7S CC₹ 20,37,870₹ 16,81,302

      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 Scorpio S MT 7STR will be ₹ 24,688 but you will have to pay interest of ₹ 7,73,891 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 ₹ 49,635, but your interest payment will be only ₹ 4,86,959 over the 3 years period.