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      MG Hector Car Loan EMI Calculator

      MG Hector EMI starts at 28,383 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 2.59 Lakh. MG Hector price starts at ₹ 16.59 Lakh and goes up to ₹ 27.51 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      MG Hector
      MGHector₹ 16.59 - 27.51 Lakh

      Variant

      Style 1.5 Turbo MT

      Right Arrow

      City

      Mumbai

      Right Arrow

      Adjust Hector Car Loan Parameters

      On-Road Price

      ₹ 16,58,547

      Hector Style 1.5 Turbo MT EMI

      28,383 for 5 Years

      %

      MG Hector Style 1.5 Turbo MT Car Loan EMI

      On-Road Price₹ 16,58,547
      Ex-Showroom Price₹ 1399800
      Max Loan Amount₹ 1399800
      Down Payment as per your Selectiont₹ 2,58,747
      Loan Amount₹ 13,99,800
      EMI Amount 28,383
      Interest Component3,03,180(17.8%)
      Principal Component13,99,800(82.2%)
      Total Payable over 5 Years17,02,980
      Note: This doesn't include bank processing fee.

      MG Hector 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₹ 2,37,190₹ 1,03,406₹ 11,62,610
      24₹ 2,56,875₹ 83,721₹ 9,05,735
      36₹ 2,78,195₹ 62,401₹ 6,27,540
      48₹ 3,01,286₹ 39,310₹ 3,26,254
      60₹ 3,26,254₹ 14,304₹ 0

      MG Hector EMI

      MG Hector Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 2,58,747

      On-Road Price in MumbaiMin Down PaymentEMI
      Style 1.5 Turbo MT

      ₹ 16,58,547

      ₹2,58,747₹28,383
      Smart Pro 1.5 Turbo MT

      ₹ 22,06,140

      ₹3,38,340₹37,872
      Sharp Pro 1.5 Turbo MT

      ₹ 24,05,004

      ₹3,85,204₹40,954
      Sharp Pro 1.5 Turbo CVT

      ₹ 25,59,646

      ₹4,08,846₹43,610
      Savvy Pro 1.5 Turbo CVT

      ₹ 26,76,513

      ₹4,26,713₹45,618
      Smart Pro 2.0 Turbo Diesel MT

      ₹ 24,78,441

      ₹4,48,641₹41,157
      Sharp Pro 2.0 Turbo Diesel MT

      ₹ 27,12,973

      ₹4,88,173₹45,111
      Sharp Pro 1.5 Turbo MT Dual Tone

      ₹ 24,34,008

      ₹3,94,208₹41,360
      Sharp Pro 1.5 Turbo CVT Dual Tone

      ₹ 26,26,251

      ₹4,23,451₹44,665
      Savvy Pro 1.5 Turbo CVT Dual Tone

      ₹ 27,00,122

      ₹4,30,322₹46,023
      Smart Pro 2.0 Turbo Diesel MT Dual Tone

      ₹ 25,08,655

      ₹4,58,855₹41,563
      Sharp Pro 2.0 Turbo Diesel MT Dual Tone

      ₹ 27,37,027

      ₹4,92,227₹45,516
      Shine Pro 1.5 Turbo MT

      ₹ 19,40,533

      ₹2,99,733₹33,270
      Shine Pro 1.5 Turbo CVT

      ₹ 20,58,710

      ₹3,16,910₹35,317
      Select Pro 1.5 Turbo MT

      ₹ 20,94,983

      ₹3,22,183₹35,946
      Select Pro 1.5 Turbo CVT

      ₹ 22,38,901

      ₹3,43,101₹38,440
      Shine Pro 2.0 Turbo Diesel MT

      ₹ 21,98,591

      ₹3,85,791₹36,757
      Select Pro 2.0 Turbo Diesel MT

      ₹ 23,24,976

      ₹4,06,176₹38,906
      Sharp Pro Blackstorm 1.5 Turbo CVT

      ₹ 25,97,421

      ₹4,14,621₹44,259
      Sharp Pro Blackstorm 2.0 Turbo Diesel MT

      ₹ 27,51,460

      ₹4,94,660₹45,760
      100-Year Edition 1.5 Turbo MT

      ₹ 25,83,255

      ₹4,12,455₹44,016
      100-Year Edition 2.0 Turbo Diesel MT

      ₹ 27,37,027

      ₹4,92,227₹45,516
      Sharp Pro Snowstorm 1.5 Turbo CVT

      ₹ 25,62,006

      ₹4,09,206₹43,651
      Sharp Pro Snowstorm 2.0 Turbo Diesel MT

      ₹ 27,11,770

      ₹4,87,970₹45,091

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      Explore more about MG Hector

      MG Hector
      MG Hector
      ₹ 16.59 - 27.51 Lakh On-Road Price, Mumbai

      Hector EMI FAQs

      ₹ 28,383.
      Here is how - MG Hector price starts from ₹ 16,58,547 in Mumbai. If you pay a down payment of ₹ 2,58,747 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 28,383.
      The cheapest Hector model is Style 1.5 Turbo MT which is priced at ₹ 16,58,547 in Mumbai. You will need to pay at least a ₹ 2,58,747 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.
      VersionOn-road price in MumbaiMax Loan
      Style 1.5 Turbo MT₹ 16,58,547₹ 13,99,800
      Smart Pro 1.5 Turbo MT₹ 22,06,140₹ 18,67,800
      Sharp Pro 1.5 Turbo MT₹ 24,05,004₹ 20,19,800
      Sharp Pro 1.5 Turbo CVT₹ 25,59,646₹ 21,50,800
      Savvy Pro 1.5 Turbo CVT₹ 26,76,513₹ 22,49,800
      Smart Pro 2.0 Turbo Diesel MT₹ 24,78,441₹ 20,29,800
      Sharp Pro 2.0 Turbo Diesel MT₹ 27,12,973₹ 22,24,800
      Sharp Pro 1.5 Turbo MT Dual Tone₹ 24,34,008₹ 20,39,800
      Sharp Pro 1.5 Turbo CVT Dual Tone₹ 26,26,251₹ 22,02,800
      Savvy Pro 1.5 Turbo CVT Dual Tone₹ 27,00,122₹ 22,69,800
      Smart Pro 2.0 Turbo Diesel MT Dual Tone₹ 25,08,655₹ 20,49,800
      Sharp Pro 2.0 Turbo Diesel MT Dual Tone₹ 27,37,027₹ 22,44,800
      Shine Pro 1.5 Turbo MT₹ 19,40,533₹ 16,40,800
      Shine Pro 1.5 Turbo CVT₹ 20,58,710₹ 17,41,800
      Select Pro 1.5 Turbo MT₹ 20,94,983₹ 17,72,800
      Select Pro 1.5 Turbo CVT₹ 22,38,901₹ 18,95,800
      Shine Pro 2.0 Turbo Diesel MT₹ 21,98,591₹ 18,12,800
      Select Pro 2.0 Turbo Diesel MT₹ 23,24,976₹ 19,18,800
      Sharp Pro Blackstorm 1.5 Turbo CVT₹ 25,97,421₹ 21,82,800
      Sharp Pro Blackstorm 2.0 Turbo Diesel MT₹ 27,51,460₹ 22,56,800
      100-Year Edition 1.5 Turbo MT₹ 25,83,255₹ 21,70,800
      100-Year Edition 2.0 Turbo Diesel MT₹ 27,37,027₹ 22,44,800
      Sharp Pro Snowstorm 1.5 Turbo CVT₹ 25,62,006₹ 21,52,800
      Sharp Pro Snowstorm 2.0 Turbo Diesel MT₹ 27,11,770₹ 22,23,800

      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 Style 1.5 Turbo MT will be ₹ 25,850 but you will have to pay interest of ₹ 7,71,600 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 ₹ 51,973, but your interest payment will be only ₹ 4,71,228 over the 3 years period.