Mahindra Scorpio Car Loan EMI Calculator
Mahindra Scorpio EMI starts at 27,608 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 3.02 Lakh. Mahindra Scorpio price starts at ₹ 16.64 Lakh and goes up to ₹ 21.21 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
![Mahindra Scorpio Mahindra Scorpio](https://imgd-ct.aeplcdn.com/370x208/n/cw/ec/128762/scorpio-classic-right-front-three-quarter-2.jpeg?isig=0&q=80)
Variant
S MT 7STR
City
Mumbai
Adjust Scorpio Car Loan Parameters
On-Road Price
₹ 16,63,771₹ 27,608 for 5 Years
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.
Months | Principal Paid | Interest Paid | Balance Loan |
---|---|---|---|
12 | ₹ 2,30,710 | ₹ 1,00,586 | ₹ 11,30,890 |
24 | ₹ 2,49,860 | ₹ 81,436 | ₹ 8,81,030 |
36 | ₹ 2,70,599 | ₹ 60,697 | ₹ 6,10,431 |
48 | ₹ 2,93,059 | ₹ 38,237 | ₹ 3,17,372 |
60 | ₹ 3,17,372 | ₹ 13,913 | ₹ 0 |
Mahindra Scorpio EMI
Mahindra Scorpio Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 3,02,171
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
S MT 7STR ₹ 16,63,771 | ₹3,02,171 | ₹27,608 |
S11 MT 7S ₹ 21,20,809 | ₹3,79,008 | ₹35,317 |
S MT 9STR ₹ 16,93,556 | ₹3,06,956 | ₹28,115 |
S11 MT 7S CC ₹ 21,12,468 | ₹3,77,668 | ₹35,175 |
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Explore more about Mahindra Scorpio
Scorpio EMI FAQs
Here is how - Mahindra Scorpio price starts from ₹ 16,63,771 in Mumbai. If you pay a down payment of ₹ 3,02,171 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 27,608.
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 |
---|---|---|
S MT 7STR | ₹ 16,63,771 | ₹ 13,61,600 |
S11 MT 7S | ₹ 21,20,809 | ₹ 17,41,801 |
S MT 9STR | ₹ 16,93,556 | ₹ 13,86,600 |
S11 MT 7S CC | ₹ 21,12,468 | ₹ 17,34,800 |
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 Scorpio S MT 7STR will be ₹ 25,932 but you will have to pay interest of ₹ 8,16,688 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 ₹ 52,137, but your interest payment will be only ₹ 5,15,332 over the 3 years period.