Please Tell Us Your City

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

      Mahindra Scorpio Car Loan EMI Calculator

      Mahindra Scorpio EMI starts at 27,548 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 3.02 Lakh. Mahindra Scorpio price starts at ₹ 16.60 Lakh and goes up to ₹ 21.12 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      Mahindra Scorpio
      MahindraScorpio₹ 16.60 - 21.12 Lakh

      Variant

      S MT 7STR

      Right Arrow

      City

      Mumbai

      Right Arrow

      Adjust Scorpio Car Loan Parameters

      On-Road Price

      ₹ 16,60,198

      Scorpio S MT 7STR EMI

      27,548 for 5 Years

      Down Payment
      Loan Tenure (Months)
      Bank Interest Rate
      %

      Mahindra Scorpio S MT 7STR Car Loan EMI

      On-Road Price₹ 16,60,198
      Ex-Showroom Price₹ 1358600
      Max Loan Amount₹ 1358600
      Down Payment as per your Selectiont₹ 3,01,598
      Loan Amount₹ 13,58,600
      EMI Amount 27,548
      Interest Component2,94,280(17.8%)
      Principal Component13,58,600(82.2%)
      Total Payable over 5 Years16,52,880
      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₹ 2,30,214₹ 1,00,362₹ 11,28,386
      24₹ 2,49,319₹ 81,257₹ 8,79,067
      36₹ 2,70,016₹ 60,560₹ 6,09,051
      48₹ 2,92,425₹ 38,151₹ 3,16,626
      60₹ 3,16,626₹ 13,879₹ 0

      Mahindra Scorpio EMI

      Mahindra Scorpio Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 3,01,598

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

      ₹ 16,60,198

      ₹3,01,598₹27,548
      S11 MT 7S

      ₹ 21,12,468

      ₹3,77,668₹35,175
      S MT 9STR

      ₹ 16,89,982

      ₹3,06,382₹28,054
      S11 MT 7S CC

      ₹ 20,77,681

      ₹3,72,080₹34,583

      Check Car Loan EMIs of Mahindra Scorpio Similar Cars

      Mahindra Scorpio N
      Mahindra Scorpio N

      ₹ 16.34 - 29.94 Lakh

      On-Road Price, Mumbai

      Mahindra Thar
      Mahindra Thar

      ₹ 13.62 - 21.42 Lakh

      On-Road Price, Mumbai

      Mahindra XUV700
      Mahindra XUV700

      ₹ 16.80 - 32.89 Lakh

      On-Road Price, Mumbai

      Tata Safari
      Tata Safari

      ₹ 19.58 - 33.09 Lakh

      On-Road Price, Mumbai

      Mahindra Bolero
      Mahindra Bolero

      ₹ 11.81 - 13.22 Lakh

      On-Road Price, Mumbai

      Hyundai Alcazar
      Hyundai Alcazar

      ₹ 19.78 - 25.71 Lakh

      On-Road Price, Mumbai

      MG Hector Plus
      MG Hector Plus

      ₹ 20.71 - 27.80 Lakh

      On-Road Price, Mumbai

      Tata Harrier
      Tata Harrier

      ₹ 18.75 - 32.01 Lakh

      On-Road Price, Mumbai

      Mahindra Bolero Neo
      Mahindra Bolero Neo

      ₹ 11.81 - 14.70 Lakh

      On-Road Price, Mumbai

      Explore more about Mahindra Scorpio

      Mahindra Scorpio
      Mahindra Scorpio
      ₹ 16.60 - 21.12 LakhOn-Road Price, Mumbai

      Scorpio EMI FAQs

      ₹ 27,548.
      Here is how - Mahindra Scorpio price starts from ₹ 16,60,198 in Mumbai. If you pay a down payment of ₹ 3,01,598 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 27,548.
      The cheapest Scorpio model is S MT 7STR which is priced at ₹ 16,60,198 in Mumbai. You will need to pay at least a ₹ 3,01,598 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₹ 16,60,198₹ 13,58,600
      S11 MT 7S₹ 21,12,468₹ 17,34,800
      S MT 9STR₹ 16,89,982₹ 13,83,600
      S11 MT 7S CC₹ 20,77,681₹ 17,05,601

      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 ₹ 25,876 but you will have to pay interest of ₹ 8,14,984 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 ₹ 52,025, but your interest payment will be only ₹ 5,14,300 over the 3 years period.