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      MG Hector Plus Car Loan EMI Calculator

      MG Hector Plus EMI starts at 35,480 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 3.73 Lakh. MG Hector Plus price starts at ₹ 21.23 Lakh and goes up to ₹ 28.76 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      MG Hector Plus
      MGHector Plus₹ 21.23 - 28.76 Lakh

      Variant

      Style 2.0 Diesel 6 STR

      Right Arrow

      City

      Mumbai

      Right Arrow

      Adjust Hector Plus Car Loan Parameters

      On-Road Price

      ₹ 21,23,049

      Hector Plus Style 2.0 Diesel 6 STR EMI

      35,480 for 5 Years

      %

      MG Hector Plus Style 2.0 Diesel 6 STR Car Loan EMI

      On-Road Price₹ 21,23,049
      Ex-Showroom Price₹ 1749800
      Max Loan Amount₹ 1749800
      Down Payment as per your Selectiont₹ 3,73,249
      Loan Amount₹ 17,49,800
      EMI Amount 35,480
      Interest Component3,79,000(17.8%)
      Principal Component17,49,800(82.2%)
      Total Payable over 5 Years21,28,800
      Note: This doesn't include bank processing fee.

      MG Hector Plus 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₹ 2,96,498₹ 1,29,262₹ 14,53,302
      24₹ 3,21,108₹ 1,04,652₹ 11,32,194
      36₹ 3,47,760₹ 78,000₹ 7,84,434
      48₹ 3,76,622₹ 49,138₹ 4,07,812
      60₹ 4,07,812₹ 17,879₹ 0

      MG Hector Plus EMI

      MG Hector Plus Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 3,73,249

      On-Road Price in MumbaiMin Down PaymentEMI
      Sharp Pro 1.5 Turbo Petrol MT 6 STR

      ₹ 25,78,484

      ₹4,16,184₹43,844
      Sharp Pro 1.5 Turbo Petrol CVT 6 STR

      ₹ 27,25,909

      ₹4,38,609₹46,378
      Savvy Pro 1.5 Turbo Petrol CVT 6 STR

      ₹ 28,52,106

      ₹4,57,806₹48,548
      Sharp Pro 1.5 Turbo Petrol 7 STR

      ₹ 25,78,484

      ₹4,16,184₹43,844
      Sharp Pro 1.5 Turbo Petrol CVT 7 STR

      ₹ 27,25,909

      ₹4,38,609₹46,378
      Savvy Pro 1.5 Turbo Petrol CVT 7 STR

      ₹ 28,52,106

      ₹4,57,806₹48,548
      Sharp Pro 1.5 Turbo Petrol 6 STR Dual Tone

      ₹ 26,02,072

      ₹4,19,772₹44,249
      Sharp Pro 1.5 Turbo Petrol CVT 6 STR Dual Tone

      ₹ 27,49,497

      ₹4,42,197₹46,784
      Savvy Pro 1.5 Turbo Petrol CVT 6 STR Dual Tone

      ₹ 28,75,694

      ₹4,61,394₹48,953
      Sharp Pro 1.5 Turbo Petrol 7 STR Dual Tone

      ₹ 26,02,072

      ₹4,19,772₹44,249
      Sharp Pro 1.5 Turbo Petrol CVT 7 STR Dual Tone

      ₹ 27,49,497

      ₹4,42,197₹46,784
      Savvy Pro 1.5 Turbo Petrol CVT 7 STR Dual Tone

      ₹ 28,75,694

      ₹4,61,394₹48,953
      Smart Pro 2.0 Turbo Diesel 6 STR

      ₹ 26,65,499

      ₹4,79,699₹44,320
      Sharp Pro 2.0 Turbo Diesel 6 STR

      ₹ 28,22,263

      ₹5,11,463₹46,855
      Sharp Pro 2.0 Turbo Diesel 7 STR

      ₹ 27,91,022

      ₹5,06,222₹46,328
      Sharp Pro 2.0 Turbo Diesel 6 STR Dual Tone

      ₹ 28,46,294

      ₹5,15,494₹47,260
      Sharp Pro 2.0 Turbo Diesel 7 STR Dual Tone

      ₹ 28,15,054

      ₹5,10,254₹46,733
      Style 2.0 Diesel 6 STR

      ₹ 21,23,049

      ₹3,73,249₹35,480
      Style 2.0 Diesel 7 STR

      ₹ 21,24,964

      ₹3,75,164₹35,480
      Select Pro 1.5 MT 7 STR

      ₹ 22,61,790

      ₹3,51,490₹38,734
      Select Pro 2.0 Diesel 7 STR

      ₹ 25,12,578

      ₹4,55,778₹41,704
      Sharp Pro Blackstorm 1.5 Turbo Petrol CVT 7 STR

      ₹ 27,63,651

      ₹4,44,351₹47,027
      Sharp Pro Blackstorm 2.0 Turbo Diesel 7 STR

      ₹ 28,35,480

      ₹5,13,680₹47,078
      Sharp Pro Blackstorm 2.0 Turbo Diesel 6 STR

      ₹ 28,60,713

      ₹5,17,913₹47,504
      100-Year Edition 1.5 Turbo Petrol 7 STR

      ₹ 27,13,714

      ₹4,33,914₹46,226
      100-Year Edition 2.0 Turbo Diesel 7 STR

      ₹ 28,14,603

      ₹5,06,803₹46,794
      Sharp Pro Snowstorm 1.5 Turbo CVT 7 STR

      ₹ 27,27,888

      ₹4,36,088₹46,469
      Sharp Pro Snowstorm 2.0 Turbo Diesel MT 7 STR

      ₹ 28,29,042

      ₹5,09,242₹47,037
      Sharp Pro Snowstorm 2.0 Turbo Diesel MT 6 STR

      ₹ 28,51,870

      ₹5,11,070₹47,463
      Select Pro 1.5 Turbo CVT Petrol 7 STR

      ₹ 24,29,880

      ₹3,93,580₹41,289
      Smart Pro 2.0 Turbo Diesel 7 STR

      ₹ 25,59,506

      ₹4,63,706₹42,495

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      Explore more about MG Hector Plus

      MG Hector Plus
      MG Hector Plus
      ₹ 21.23 - 28.76 Lakh On-Road Price, Mumbai

      Hector Plus EMI FAQs

      ₹ 35,480.
      Here is how - MG Hector Plus price starts from ₹ 21,23,049 in Mumbai. If you pay a down payment of ₹ 3,73,249 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 35,480.
      The cheapest Hector Plus model is Style 2.0 Diesel 6 STR which is priced at ₹ 21,23,049 in Mumbai. You will need to pay at least a ₹ 3,73,249 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 Hector Plus.
      VersionOn-road price in MumbaiMax Loan
      Sharp Pro 1.5 Turbo Petrol MT 6 STR₹ 25,78,484₹ 21,62,300
      Sharp Pro 1.5 Turbo Petrol CVT 6 STR₹ 27,25,909₹ 22,87,300
      Savvy Pro 1.5 Turbo Petrol CVT 6 STR₹ 28,52,106₹ 23,94,300
      Sharp Pro 1.5 Turbo Petrol 7 STR₹ 25,78,484₹ 21,62,300
      Sharp Pro 1.5 Turbo Petrol CVT 7 STR₹ 27,25,909₹ 22,87,300
      Savvy Pro 1.5 Turbo Petrol CVT 7 STR₹ 28,52,106₹ 23,94,300
      Sharp Pro 1.5 Turbo Petrol 6 STR Dual Tone₹ 26,02,072₹ 21,82,300
      Sharp Pro 1.5 Turbo Petrol CVT 6 STR Dual Tone₹ 27,49,497₹ 23,07,300
      Savvy Pro 1.5 Turbo Petrol CVT 6 STR Dual Tone₹ 28,75,694₹ 24,14,300
      Sharp Pro 1.5 Turbo Petrol 7 STR Dual Tone₹ 26,02,072₹ 21,82,300
      Sharp Pro 1.5 Turbo Petrol CVT 7 STR Dual Tone₹ 27,49,497₹ 23,07,300
      Savvy Pro 1.5 Turbo Petrol CVT 7 STR Dual Tone₹ 28,75,694₹ 24,14,300
      Smart Pro 2.0 Turbo Diesel 6 STR₹ 26,65,499₹ 21,85,800
      Sharp Pro 2.0 Turbo Diesel 6 STR₹ 28,22,263₹ 23,10,800
      Sharp Pro 2.0 Turbo Diesel 7 STR₹ 27,91,022₹ 22,84,800
      Sharp Pro 2.0 Turbo Diesel 6 STR Dual Tone₹ 28,46,294₹ 23,30,800
      Sharp Pro 2.0 Turbo Diesel 7 STR Dual Tone₹ 28,15,054₹ 23,04,800
      Style 2.0 Diesel 6 STR₹ 21,23,049₹ 17,49,800
      Style 2.0 Diesel 7 STR₹ 21,24,964₹ 17,49,800
      Select Pro 1.5 MT 7 STR₹ 22,61,790₹ 19,10,300
      Select Pro 2.0 Diesel 7 STR₹ 25,12,578₹ 20,56,800
      Sharp Pro Blackstorm 1.5 Turbo Petrol CVT 7 STR₹ 27,63,651₹ 23,19,300
      Sharp Pro Blackstorm 2.0 Turbo Diesel 7 STR₹ 28,35,480₹ 23,21,800
      Sharp Pro Blackstorm 2.0 Turbo Diesel 6 STR₹ 28,60,713₹ 23,42,800
      100-Year Edition 1.5 Turbo Petrol 7 STR₹ 27,13,714₹ 22,79,800
      100-Year Edition 2.0 Turbo Diesel 7 STR₹ 28,14,603₹ 23,07,800
      Sharp Pro Snowstorm 1.5 Turbo CVT 7 STR₹ 27,27,888₹ 22,91,800
      Sharp Pro Snowstorm 2.0 Turbo Diesel MT 7 STR₹ 28,29,042₹ 23,19,800
      Sharp Pro Snowstorm 2.0 Turbo Diesel MT 6 STR₹ 28,51,870₹ 23,40,800
      Select Pro 1.5 Turbo CVT Petrol 7 STR₹ 24,29,880₹ 20,36,300
      Smart Pro 2.0 Turbo Diesel 7 STR₹ 25,59,506₹ 20,95,800

      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 Hector Plus Style 2.0 Diesel 6 STR will be ₹ 33,090 but you will have to pay interest of ₹ 10,29,760 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 ₹ 66,529, but your interest payment will be only ₹ 6,45,244 over the 3 years period.