Please Tell Us Your City

location icon
    location iconClose
      Sorry!! No Matching Results found. Try Again.
      Close

      MG ZS EV Car Loan EMI Calculator

      MG ZS EV EMI starts at 38,485 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 1.15 Lakh. MG ZS EV price starts at ₹ 20.13 Lakh and goes up to ₹ 26.52 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      MG ZS EV
      MGZS EV₹ 20.13 - 26.52 Lakh

      Variant

      Executive

      Right Arrow

      City

      Mumbai

      Right Arrow

      Adjust ZS EV Car Loan Parameters

      On-Road Price

      ₹ 20,13,407

      ZS EV Executive EMI

      38,485 for 5 Years

      Down Payment
      Loan Tenure (Months)
      Bank Interest Rate
      %

      MG ZS EV Executive Car Loan EMI

      On-Road Price₹ 20,13,407
      Ex-Showroom Price₹ 1898000
      Max Loan Amount₹ 1898000
      Down Payment as per your Selectiont₹ 1,15,407
      Loan Amount₹ 18,98,000
      EMI Amount 38,485
      Interest Component4,11,100(17.8%)
      Principal Component18,98,000(82.2%)
      Total Payable over 5 Years23,09,100
      Note: This doesn't include bank processing fee.

      MG ZS EV 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₹ 3,21,608₹ 1,40,212₹ 15,76,392
      24₹ 3,48,301₹ 1,13,519₹ 12,28,091
      36₹ 3,77,211₹ 84,609₹ 8,50,880
      48₹ 4,08,519₹ 53,301₹ 4,42,361
      60₹ 4,42,361₹ 19,394₹ 0

      MG ZS EV EMI

      MG ZS EV Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 1,15,407

      On-Road Price in MumbaiMin Down PaymentEMI
      Executive

      ₹ 20,13,407

      ₹1,15,407₹38,485
      Excite Pro

      ₹ 21,18,087

      ₹1,20,087₹40,512
      Exclusive Plus

      ₹ 25,36,808

      ₹1,38,808₹48,623
      Essence

      ₹ 26,41,488

      ₹1,43,488₹50,650
      Exclusive Plus Iconic Ivory

      ₹ 25,47,276

      ₹1,39,276₹48,826
      Essence Iconic Ivory

      ₹ 26,51,956

      ₹1,43,956₹50,853

      Check Car Loan EMIs of MG ZS EV Similar Cars

      Tata Nexon EV
      Tata Nexon EV

      ₹ 15.33 - 20.67 Lakh

      On-Road Price, Mumbai

      Hyundai Kona Electric
      Hyundai Kona Electric

      ₹ 25.12 - 25.42 Lakh

      On-Road Price, Mumbai

      Mahindra XUV400
      Mahindra XUV400

      ₹ 16.48 - 18.78 Lakh

      On-Road Price, Mumbai

      BYD Atto 3
      BYD Atto 3

      ₹ 35.98 - 36.50 Lakh

      On-Road Price, Mumbai

      MG Astor
      MG Astor

      ₹ 11.71 - 21.21 Lakh

      On-Road Price, Mumbai

      Tata Punch EV
      Tata Punch EV

      ₹ 11.66 - 16.51 Lakh

      On-Road Price, Mumbai

      MG Hector
      MG Hector

      ₹ 17.72 - 26.77 Lakh

      On-Road Price, Mumbai

      Tata Harrier
      Tata Harrier

      ₹ 18.75 - 32.01 Lakh

      On-Road Price, Mumbai

      Hyundai Creta N Line
      Hyundai Creta N Line

      ₹ 19.95 - 24.40 Lakh

      On-Road Price, Mumbai

      Explore more about MG ZS EV

      MG ZS EV
      MG ZS EV
      ₹ 20.13 - 26.52 LakhOn-Road Price, Mumbai

      ZS EV EMI FAQs

      ₹ 38,485.
      Here is how - MG ZS EV price starts from ₹ 20,13,407 in Mumbai. If you pay a down payment of ₹ 1,15,407 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 38,485.
      The cheapest ZS EV model is Executive which is priced at ₹ 20,13,407 in Mumbai. You will need to pay at least a ₹ 1,15,407 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 ZS EV.
      VersionOn-road price in MumbaiMax Loan
      Executive₹ 20,13,407₹ 18,98,000
      Excite Pro₹ 21,18,087₹ 19,98,000
      Exclusive Plus₹ 25,36,808₹ 23,98,000
      Essence₹ 26,41,488₹ 24,98,000
      Exclusive Plus Iconic Ivory₹ 25,47,276₹ 24,08,000
      Essence Iconic Ivory₹ 26,51,956₹ 25,08,000

      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 ZS EV Executive will be ₹ 31,381 but you will have to pay interest of ₹ 7,38,004 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 ₹ 63,093, but your interest payment will be only ₹ 3,73,348 over the 3 years period.