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        MG ZS EV Car Loan EMI Calculator

        MG ZS EV
        MGZS EV₹ 27.42 Lakh

        Version

        Exclusive

        Right Arrow

        City

        Mumbai

        Right Arrow

        Adjust ZS EV Car Loan Parameters

        On-Road Price

        ₹ 27,41,888

        ZS EV Exclusive EMI

        52,475 for 5 Years

        Down Payment
        Loan Tenure (Months)
        Bank Interest Rate
        %

        MG ZS EV Exclusive Car Loan EMI

        On-Road Price₹ 27,41,888
        Ex-Showroom Price₹ 25,88,000
        Max Loan Amount₹ 25,88,000
        Down Payment as per your Selectiont₹ 1,53,888
        Loan Amount₹ 25,88,000
        EMI Amount 52,475
        Interest Component5,60,500(17.8%)
        Principal Component25,88,000(82.2%)
        Total Payable over 5 Years31,48,500
        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₹ 4,38,513₹ 1,91,187₹ 21,49,487
        24₹ 4,74,910₹ 1,54,790₹ 16,74,577
        36₹ 5,14,326₹ 1,15,374₹ 11,60,251
        48₹ 5,57,016₹ 72,684₹ 6,03,235
        60₹ 6,03,235₹ 26,452₹ 0

        MG ZS EV EMI

        MG ZS EV Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 1,53,888

        On-Road Price in MumbaiMin Down PaymentEMI
        Exclusive

        ₹ 27,41,888

        ₹1,53,888₹52,475

        Check Car Loan EMIs of MG ZS EV Similar Cars

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        Avg. Ex-Showroom price

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        MG Hector
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        Hyundai Tucson

        ₹ 32.93 - 41.70 Lakh

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        Explore more about MG ZS EV

        MG ZS EV
        MG ZS EV
        ₹ 27.42 Lakh On-Road Price, Mumbai

        ZS EV EMI FAQs

        ₹ 52,475.
        Here is how - MG ZS EV price starts from ₹ 27,41,888 in Mumbai. If you pay a down payment of ₹ 1,53,888 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 52,475.
        The cheapest ZS EV model is Exclusive which is priced at ₹ 27,41,888 in Mumbai. You will need to pay at least a ₹ 1,53,888 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
        Exclusive₹ 27,41,888₹ 25,88,000

        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 Exclusive will be ₹ 42,736 but you will have to pay interest of ₹ 10,01,824 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 ₹ 85,921, but your interest payment will be only ₹ 5,05,156 over the 3 years period.