Mahindra XUV 3XO Car Loan EMI Calculator

₹ 15,795.
Here is how - Mahindra XUV 3XO price starts from ₹ 9,14,695 in Mumbai. If you pay a down payment of ₹ 1,35,695 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 15,795.

The cheapest XUV 3XO model is MX1 Petrol 1.2L Turbo Manual which is priced at ₹ 9,14,695 in Mumbai. You will need to pay at least a ₹ 1,35,695 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 XUV 3XO.

Version	On-road price in Mumbai	Max Loan
MX1 Petrol 1.2L Turbo Manual	₹ 9,14,695	₹ 7,79,000
MX2 Pro Petrol 1.2L Turbo Manual	₹ 10,65,977	₹ 9,08,000
MX2 Diesel 1.5L Turbo Manual	₹ 11,17,243	₹ 9,36,000
MX2 Pro Petrol 1.2L Turbo Automatic (TC)	₹ 11,71,110	₹ 9,99,500
MX3 Petrol 1.2L Turbo Automatic (TC)	₹ 12,91,150	₹ 10,84,900
MX3 Petrol 1.2L Turbo Manual	₹ 10,89,531	₹ 9,28,500
MX3 Pro Petrol 1.2L Turbo Manual	₹ 11,15,384	₹ 9,51,000
MX3 Pro Petrol 1.2L Turbo Automatic (TC)	₹ 13,24,005	₹ 11,13,000
AX5 Petrol 1.2L Turbo Manual	₹ 12,26,844	₹ 10,29,900
AX5 Petrol 1.2L Turbo Automatic (TC)	₹ 14,11,695	₹ 11,88,000
AX5L Petrol 1.2L Turbo Manual	₹ 14,28,649	₹ 12,02,500
AX5L Petrol 1.2L Turbo Automatic (TC)	₹ 15,74,799	₹ 13,27,500
AX7 Petrol 1.2L Turbo Manual Dual Tone	₹ 14,48,525	₹ 12,19,500
AX7L Petrol 1.2L Turbo Manual Dual Tone	₹ 15,80,645	₹ 13,32,500
AX7L Petrol 1.2L Turbo Automatic (TC) Dual Tone	₹ 17,84,659	₹ 15,03,500
AX7 Petrol 1.2L Turbo Automatic (TC) Dual Tone	₹ 15,82,399	₹ 13,34,000
MX2 Pro Diesel 1.5L Turbo Manual	₹ 11,91,968	₹ 9,99,900
MX3 Diesel 1.5L Turbo Manual	₹ 12,49,758	₹ 10,31,500
MX3 Diesel 1.5L Turbo Automatic (AMT)	₹ 13,58,012	₹ 11,22,500
MX3 Pro Diesel 1.5L Turbo Manual	₹ 13,13,996	₹ 10,85,500
AX5 Diesel 1.5L Turbo Manual	₹ 13,78,234	₹ 11,39,500
AX5 Diesel 1.5L Turbo Automatic (AMT)	₹ 14,73,403	₹ 12,19,500
AX7 Diesel 1.5L Turbo Manual Dual Tone	₹ 15,73,329	₹ 13,03,500
AX7 Diesel 1.5L Turbo Automatic (AMT) Dual Tone	₹ 16,63,739	₹ 13,79,500
AX7L Diesel 1.5L Turbo Manual Dual Tone	₹ 16,97,049	₹ 14,07,500
REVX M Petrol 1.2L Turbo Manual	₹ 10,10,135	₹ 8,59,400
REVX M (O) Petrol 1.2L Turbo Manual	₹ 10,67,126	₹ 9,09,000
REVX A Petrol 1.2L Turbo Manual	₹ 13,40,959	₹ 11,27,500
REVX A Petrol 1.2L Turbo Automatic (TC)	₹ 14,71,909	₹ 12,39,500

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 XUV 3XO MX1 Petrol 1.2L Turbo Manual will be ₹ 14,257 but you will have to pay interest of ₹ 4,18,588 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 ₹ 28,663, but your interest payment will be only ₹ 2,52,868 over the 3 years period.

₹ 15,795
Mahindra XUV 3XO price starts from ₹ 9,14,695 in Mumbai.

We have considered
Down-payement : ₹ 1,35,695
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy XUV 3XO with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 3,05,000

As a general rule, banks or other lenders offer you a car loan 3 to 4 times your annual income. Considering the on-road price of XUV 3XO starts from ₹ 9.15 Lakh, you can get a loan with an annual income as low as ₹ 3.05 lakh.

Here are the most important things you should consider while getting a car loan for a new XUV 3XO

• 1. Interest rate - Go for the loan with the lowest interest rate.
• 2. Additional Charges - processing fee, prepayment charges, late payment penalty are some of the important points you need to check before taking a loan.
• 3. Tenue and Max Loan Amount - Select a lender who gives you a loan that you can afford.
  -If Max loan amount is lower, you will have to shell out more money upfront to buy the car.
  -If Tenue is lower, your per month instalment amount will increase.
• 4. Eligibility - Banks may have stricter eligibility requirements compared to NBFCs or other financial institutions.