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      MG Hector Plus Car Loan EMI Calculator

      MG Hector Plus EMI starts at 34,466 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 3.64 Lakh. MG Hector Plus price starts at ₹ 20.64 Lakh and goes up to ₹ 27.80 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      MG Hector Plus
      MGHector Plus₹ 20.64 - 27.80 Lakh

      Variant

      Style 2.0 Diesel 6 STR

      Right Arrow

      City

      Mumbai

      Right Arrow

      Adjust Hector Plus Car Loan Parameters

      On-Road Price

      ₹ 20,63,858

      Hector Plus Style 2.0 Diesel 6 STR EMI

      34,466 for 5 Years

      Down Payment
      Loan Tenure (Months)
      Bank Interest Rate
      %

      MG Hector Plus Style 2.0 Diesel 6 STR Car Loan EMI

      On-Road Price₹ 20,63,858
      Ex-Showroom Price₹ 1699800
      Max Loan Amount₹ 1699800
      Down Payment as per your Selectiont₹ 3,64,058
      Loan Amount₹ 16,99,800
      EMI Amount 34,466
      Interest Component3,68,160(17.8%)
      Principal Component16,99,800(82.2%)
      Total Payable over 5 Years20,67,960
      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₹ 2,88,023₹ 1,25,569₹ 14,11,777
      24₹ 3,11,930₹ 1,01,662₹ 10,99,847
      36₹ 3,37,818₹ 75,774₹ 7,62,029
      48₹ 3,65,857₹ 47,735₹ 3,96,172
      60₹ 3,96,172₹ 17,367₹ 0

      MG Hector Plus EMI

      MG Hector Plus Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 3,64,058

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

      ₹ 24,28,613

      ₹3,88,813₹41,360
      Sharp Pro 1.5 Turbo Petrol CVT 6 STR

      ₹ 25,85,616

      ₹4,12,816₹44,057
      Savvy Pro 1.5 Turbo Petrol CVT 6 STR

      ₹ 26,97,761

      ₹4,29,961₹45,983
      Sharp Pro 1.5 Turbo Petrol 7 STR

      ₹ 24,28,613

      ₹3,88,813₹41,360
      Sharp Pro 1.5 Turbo Petrol CVT 7 STR

      ₹ 25,85,616

      ₹4,12,816₹44,057
      Savvy Pro 1.5 Turbo Petrol CVT 7 STR

      ₹ 26,97,761

      ₹4,29,961₹45,983
      Sharp Pro 1.5 Turbo Petrol 6 STR Dual Tone

      ₹ 24,52,222

      ₹3,92,422₹41,765
      Sharp Pro 1.5 Turbo Petrol CVT 6 STR Dual Tone

      ₹ 26,09,225

      ₹4,16,425₹44,462
      Savvy Pro 1.5 Turbo Petrol CVT 6 STR Dual Tone

      ₹ 27,21,370

      ₹4,33,570₹46,388
      Sharp Pro 1.5 Turbo Petrol 7 STR Dual Tone

      ₹ 24,52,222

      ₹3,92,422₹41,765
      Sharp Pro 1.5 Turbo Petrol CVT 7 STR Dual Tone

      ₹ 26,09,225

      ₹4,16,425₹44,462
      Savvy Pro 1.5 Turbo Petrol CVT 7 STR Dual Tone

      ₹ 27,26,500

      ₹4,38,700₹46,388
      Smart Pro 2.0 Turbo Diesel 6 STR

      ₹ 25,62,633

      ₹4,62,833₹42,576
      Sharp Pro 2.0 Turbo Diesel 6 STR

      ₹ 27,44,244

      ₹4,93,444₹45,638
      Sharp Pro 2.0 Turbo Diesel 7 STR

      ₹ 27,18,986

      ₹4,89,186₹45,212
      Sharp Pro 2.0 Turbo Diesel 6 STR Dual Tone

      ₹ 27,68,299

      ₹4,97,499₹46,044
      Sharp Pro 2.0 Turbo Diesel 7 STR Dual Tone

      ₹ 27,43,042

      ₹4,93,242₹45,618
      Style 2.0 Diesel 6 STR

      ₹ 20,63,858

      ₹3,64,058₹34,466
      Style 2.0 Diesel 7 STR

      ₹ 20,63,858

      ₹3,64,058₹34,466
      Select Pro 1.5 MT 7 STR

      ₹ 21,26,575

      ₹3,26,775₹36,493
      Select Pro 2.0 Diesel 7 STR

      ₹ 23,73,861

      ₹4,14,061₹39,738
      Sharp Pro Blackstorm 1.5 Turbo Petrol CVT 7 STR

      ₹ 26,20,354

      ₹4,22,554₹44,563
      Sharp Pro Blackstorm 2.0 Turbo Diesel 7 STR

      ₹ 27,54,975

      ₹5,00,175₹45,719
      Sharp Pro Blackstorm 2.0 Turbo Diesel 6 STR

      ₹ 27,80,208

      ₹5,04,408₹46,145
      Sharp Pro EverGreen 1.5 Turbo Petrol 7 STR

      ₹ 26,14,456

      ₹4,21,656₹44,462
      Sharp Pro EverGreen 2.0 Turbo Diesel 7 STR

      ₹ 27,48,968

      ₹4,99,168₹45,618

      Check Car Loan EMIs of MG Hector Plus Similar Cars

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      Mahindra Scorpio N

      ₹ 16.64 - 29.94 Lakh

      On-Road Price, Mumbai

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      ₹ 18.75 - 32.01 Lakh

      On-Road Price, Mumbai

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      Explore more about MG Hector Plus

      MG Hector Plus
      MG Hector Plus
      ₹ 20.64 - 27.80 Lakh On-Road Price, Mumbai

      Hector Plus EMI FAQs

      ₹ 34,466.
      Here is how - MG Hector Plus price starts from ₹ 20,63,858 in Mumbai. If you pay a down payment of ₹ 3,64,058 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 34,466.
      The cheapest Hector Plus model is Style 2.0 Diesel 6 STR which is priced at ₹ 20,63,858 in Mumbai. You will need to pay at least a ₹ 3,64,058 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₹ 24,28,613₹ 20,39,800
      Sharp Pro 1.5 Turbo Petrol CVT 6 STR₹ 25,85,616₹ 21,72,800
      Savvy Pro 1.5 Turbo Petrol CVT 6 STR₹ 26,97,761₹ 22,67,800
      Sharp Pro 1.5 Turbo Petrol 7 STR₹ 24,28,613₹ 20,39,800
      Sharp Pro 1.5 Turbo Petrol CVT 7 STR₹ 25,85,616₹ 21,72,800
      Savvy Pro 1.5 Turbo Petrol CVT 7 STR₹ 26,97,761₹ 22,67,800
      Sharp Pro 1.5 Turbo Petrol 6 STR Dual Tone₹ 24,52,222₹ 20,59,800
      Sharp Pro 1.5 Turbo Petrol CVT 6 STR Dual Tone₹ 26,09,225₹ 21,92,800
      Savvy Pro 1.5 Turbo Petrol CVT 6 STR Dual Tone₹ 27,21,370₹ 22,87,800
      Sharp Pro 1.5 Turbo Petrol 7 STR Dual Tone₹ 24,52,222₹ 20,59,800
      Sharp Pro 1.5 Turbo Petrol CVT 7 STR Dual Tone₹ 26,09,225₹ 21,92,800
      Savvy Pro 1.5 Turbo Petrol CVT 7 STR Dual Tone₹ 27,26,500₹ 22,87,800
      Smart Pro 2.0 Turbo Diesel 6 STR₹ 25,62,633₹ 20,99,800
      Sharp Pro 2.0 Turbo Diesel 6 STR₹ 27,44,244₹ 22,50,800
      Sharp Pro 2.0 Turbo Diesel 7 STR₹ 27,18,986₹ 22,29,800
      Sharp Pro 2.0 Turbo Diesel 6 STR Dual Tone₹ 27,68,299₹ 22,70,800
      Sharp Pro 2.0 Turbo Diesel 7 STR Dual Tone₹ 27,43,042₹ 22,49,800
      Style 2.0 Diesel 6 STR₹ 20,63,858₹ 16,99,800
      Style 2.0 Diesel 7 STR₹ 20,63,858₹ 16,99,800
      Select Pro 1.5 MT 7 STR₹ 21,26,575₹ 17,99,800
      Select Pro 2.0 Diesel 7 STR₹ 23,73,861₹ 19,59,800
      Sharp Pro Blackstorm 1.5 Turbo Petrol CVT 7 STR₹ 26,20,354₹ 21,97,800
      Sharp Pro Blackstorm 2.0 Turbo Diesel 7 STR₹ 27,54,975₹ 22,54,800
      Sharp Pro Blackstorm 2.0 Turbo Diesel 6 STR₹ 27,80,208₹ 22,75,800
      Sharp Pro EverGreen 1.5 Turbo Petrol 7 STR₹ 26,14,456₹ 21,92,800
      Sharp Pro EverGreen 2.0 Turbo Diesel 7 STR₹ 27,48,968₹ 22,49,800

      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 ₹ 32,168 but you will have to pay interest of ₹ 10,02,312 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 ₹ 64,674, but your interest payment will be only ₹ 6,28,464 over the 3 years period.