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Mahindra XEV 9e EMI calculator

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Calculate the Mahindra XEV 9e EMI on the on-road price, not the ex-showroom price: on-road is the full amount you actually pay, and the amount a loan has to cover.

EMIs start from about ₹37,590 a month, for the Pack One Electric AT at ₹22.38 lakh on the road in Delhi.

At 9.5% a year over 5 years with 20% down. Every variant's figure is below, and each one moves with your own rate, tenure and down payment.

Which price are you putting in?
On-road price₹22.38L

This starts on the full on-road price in Delhi, with road tax, registration and insurance included. Drag it to the variant you want.

Down payment₹4,47,511 (20%)
Tenure5 years
Interest rate assumption9.5%

Rates differ by lender and credit record. Drag this to the rate your bank actually quotes you.

Monthly EMIabout ₹37,590
Amount financed
₹17,90,044
Interest over 5 years
₹4,65,356
Total paid, down payment included
₹27,02,911
Year-by-year scheduleHow each year's payments split between interest and the loan
YearLoan repaidInterestStill owed
2026₹47,032₹28,157₹17,43,012
Nov 2026₹23,423₹14,171₹17,66,621
Dec 2026₹23,609₹13,986₹17,43,012
2027₹2,98,313₹1,52,818₹14,44,700
Jan 2027₹23,795₹13,799₹17,19,217
Feb 2027₹23,984₹13,610₹16,95,233
Mar 2027₹24,174₹13,421₹16,71,060
Apr 2027₹24,365₹13,229₹16,46,695
May 2027₹24,558₹13,036₹16,22,137
Jun 2027₹24,752₹12,842₹15,97,384
Jul 2027₹24,948₹12,646₹15,72,436
Aug 2027₹25,146₹12,448₹15,47,290
Sept 2027₹25,345₹12,249₹15,21,945
Oct 2027₹25,546₹12,049₹14,96,400
Nov 2027₹25,748₹11,846₹14,70,652
Dec 2027₹25,952₹11,643₹14,44,700
2028₹3,27,917₹1,23,211₹11,16,782
Jan 2028₹26,157₹11,437₹14,18,543
Feb 2028₹26,364₹11,230₹13,92,179
Mar 2028₹26,573₹11,021₹13,65,606
Apr 2028₹26,783₹10,811₹13,38,823
May 2028₹26,995₹10,599₹13,11,828
Jun 2028₹27,209₹10,385₹12,84,619
Jul 2028₹27,424₹10,170₹12,57,195
Aug 2028₹27,641₹9,953₹12,29,553
Sept 2028₹27,860₹9,734₹12,01,693
Oct 2028₹28,081₹9,513₹11,73,612
Nov 2028₹28,303₹9,291₹11,45,309
Dec 2028₹28,527₹9,067₹11,16,782
2029₹3,60,462₹90,667₹7,56,318
Jan 2029₹28,753₹8,841₹10,88,029
Feb 2029₹28,981₹8,614₹10,59,048
Mar 2029₹29,210₹8,384₹10,29,838
Apr 2029₹29,441₹8,153₹10,00,396
May 2029₹29,674₹7,920₹9,70,722
Jun 2029₹29,909₹7,685₹9,40,813
Jul 2029₹30,146₹7,448₹9,10,666
Aug 2029₹30,385₹7,209₹8,80,282
Sept 2029₹30,625₹6,969₹8,49,656
Oct 2029₹30,868₹6,726₹8,18,788
Nov 2029₹31,112₹6,482₹7,87,676
Dec 2029₹31,358₹6,236₹7,56,318
2030₹3,96,239₹54,892₹3,60,079
Jan 2030₹31,607₹5,988₹7,24,711
Feb 2030₹31,857₹5,737₹6,92,854
Mar 2030₹32,109₹5,485₹6,60,745
Apr 2030₹32,363₹5,231₹6,28,382
May 2030₹32,620₹4,975₹5,95,762
Jun 2030₹32,878₹4,716₹5,62,884
Jul 2030₹33,138₹4,456₹5,29,746
Aug 2030₹33,400₹4,194₹4,96,346
Sept 2030₹33,665₹3,929₹4,62,681
Oct 2030₹33,931₹3,663₹4,28,749
Nov 2030₹34,200₹3,394₹3,94,549
Dec 2030₹34,471₹3,124₹3,60,079
2031₹3,60,079₹15,863₹0
Jan 2031₹34,744₹2,851₹3,25,335
Feb 2031₹35,019₹2,576₹2,90,316
Mar 2031₹35,296₹2,298₹2,55,020
Apr 2031₹35,575₹2,019₹2,19,445
May 2031₹35,857₹1,737₹1,83,588
Jun 2031₹36,141₹1,453₹1,47,447
Jul 2031₹36,427₹1,167₹1,11,020
Aug 2031₹36,715₹879₹74,305
Sept 2031₹37,006₹588₹37,299
Oct 2031₹37,299₹295₹0

Arithmetic on your inputs, not a loan offer: lenders set their own rates, fees and margins, and the quote that matters is theirs.

The price slider spans the Mahindra XEV 9e's own range. Open a variant below and this calculator arrives with that variant's exact price already in place, on-road for your city.

EMI for every Mahindra XEV 9e variant

On-road price in Delhi and the monthly figure at 9.5% a year over 5 years with 20% down. Starting points, not quotes: the calculator recomputes them the moment you set your own numbers.

Your road tax depends on where you register. and every figure on this page moves to yours.

VariantOn-road in DelhiEMI a month
Pack One Electric AT₹22.38 lakhabout ₹37,590
Pack Two Electric 59 kWh AT₹25.41 lakhabout ₹42,690
Pack Two Electric 79 kWh AT₹27.02 lakhabout ₹45,400
Pack Three Select Electric AT₹28.44 lakhabout ₹47,780
Cineluxe Edition Electric AT₹29.90 lakhabout ₹50,240
Pack Three Electric AT₹34.11 lakhabout ₹57,310

What goes into the on-road total? The Mahindra XEV 9e on-road price page itemises it, state by state. And which XEV 9e variant to buy says where the money works hardest.

The XEV 9e ladder, a month at a time

Every variant, cheapest first.

  1. Pack One Electric AT₹37,590
  2. Pack Two Electric 59 kWh AT₹42,690
  3. Pack Two Electric 79 kWh AT₹45,400
  4. Pack Three Select Electric AT₹47,780
  5. Cineluxe Edition Electric AT₹50,240
  6. Pack Three Electric AT₹57,310
Monthly instalment at 9.5% a year over 5 years with 20% down, on the on-road price in Delhi.

Worth knowing before you sign the loan

  • From ₹37,590 to ₹57,310 a month across the ladder: the Pack Three Electric AT costs ₹19,720 a month more than the Pack One Electric AT, ₹11,83,200 over the 5 years.
  • The biggest jump between neighbours on the ladder is the Cineluxe Edition Electric AT to the Pack Three Electric AT: ₹7,070 a month more for that one move up.
  • On the road in Delhi rather than ex-showroom, the Pack One Electric AT's instalment is ₹37,590 a month instead of ₹36,800: ₹790 a month more, because road tax and registration are in the loan too.

What your monthly budget buys

Shopping on the instalment rather than the price? At 9.5% a year over 5 years with 20% down on the on-road price in Delhi, here is the variant each monthly budget reaches.

The top Pack Three Electric AT needs about ₹57,310 a month.

Mahindra XEV 9e EMI, answered

The monthly figure, the down payment, and which price to finance.

What is the monthly EMI for the Mahindra XEV 9e?
From about ₹37,590 a month, up to about ₹57,310 on the top variant, at 9.5% a year over 5 years with 20% down on the on-road price in Delhi. These are starting points, not quotes: your bank's rate and your own down payment move the figure, and the calculator on this page recomputes it as you set them.
Which Mahindra XEV 9e variant fits my monthly budget?
At 9.5% a year over 5 years with 20% down on the on-road price in Delhi, the Pack One Electric AT is the way in at about ₹37,590 a month. From there about ₹44,000 a month reaches the Pack Two Electric 59 kWh AT, about ₹46,000 a month reaches the Pack Two Electric 79 kWh AT, about ₹48,000 a month reaches the Pack Three Select Electric AT, and the top Pack Three Electric AT needs about ₹57,310. Treat those as starting points rather than quotes: your own rate, tenure and down payment move every one of them, and stretching the tenure brings a dearer variant inside the same instalment at the cost of more interest overall.
How much down payment does the Mahindra XEV 9e need?
At 20% down on the on-road price in Delhi, the upfront amount runs from ₹4,47,511 on the Pack One Electric AT to ₹6,82,231 on the Pack Three Electric AT. That share is yours to choose: the calculator accepts anything from 0% to 90%, and a bigger down payment trades cash today for a smaller EMI every month.
Should the Mahindra XEV 9e EMI be on the ex-showroom or the on-road price?
On-road. Ex-showroom leaves out road tax, registration and insurance, which is real money a loan usually has to cover, so every figure on this page is on the on-road price in Delhi. The city in the header decides which city that is.

Looking at a different car? The car loan EMI calculator works with any price, and the Mahindra XEV 9e page holds every variant, each carrying it pre-filled.