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Mahindra XEV 9e EMI calculator

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

EMIs start from about ₹36,800 a month, for the Pack One at ₹21.90 lakh ex-showroom, 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₹21.90L

Good choice. The on-road price is the full amount you pay, so this EMI is the complete picture.

Down payment₹4,38,000 (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 ₹36,800
Amount financed
₹17,52,000
Interest over 5 years
₹4,56,000
Total paid, down payment included
₹26,46,000
Year-by-year scheduleHow each year's payments split between interest and the loan
YearLoan repaidInterestStill owed
2026₹69,322₹41,065₹16,82,678
Oct 2026₹22,925₹13,870₹17,29,075
Nov 2026₹23,107₹13,689₹17,05,968
Dec 2026₹23,290₹13,506₹16,82,678
2027₹2,94,283₹1,47,259₹13,88,395
Jan 2027₹23,474₹13,321₹16,59,204
Feb 2027₹23,660₹13,135₹16,35,544
Mar 2027₹23,847₹12,948₹16,11,697
Apr 2027₹24,036₹12,759₹15,87,661
May 2027₹24,226₹12,569₹15,63,435
Jun 2027₹24,418₹12,377₹15,39,017
Jul 2027₹24,611₹12,184₹15,14,405
Aug 2027₹24,806₹11,989₹14,89,599
Sept 2027₹25,003₹11,793₹14,64,597
Oct 2027₹25,201₹11,595₹14,39,396
Nov 2027₹25,400₹11,395₹14,13,996
Dec 2027₹25,601₹11,194₹13,88,395
2028₹3,23,492₹1,18,052₹10,64,905
Jan 2028₹25,804₹10,991₹13,62,591
Feb 2028₹26,008₹10,787₹13,36,583
Mar 2028₹26,214₹10,581₹13,10,369
Apr 2028₹26,422₹10,374₹12,83,948
May 2028₹26,631₹10,165₹12,57,317
Jun 2028₹26,842₹9,954₹12,30,475
Jul 2028₹27,054₹9,741₹12,03,421
Aug 2028₹27,268₹9,527₹11,76,153
Sept 2028₹27,484₹9,311₹11,48,669
Oct 2028₹27,702₹9,094₹11,20,968
Nov 2028₹27,921₹8,874₹10,93,047
Dec 2028₹28,142₹8,653₹10,64,905
2029₹3,55,596₹85,946₹7,09,309
Jan 2029₹28,365₹8,430₹10,36,540
Feb 2029₹28,589₹8,206₹10,07,951
Mar 2029₹28,816₹7,980₹9,79,135
Apr 2029₹29,044₹7,751₹9,50,091
May 2029₹29,274₹7,522₹9,20,817
Jun 2029₹29,505₹7,290₹8,91,312
Jul 2029₹29,739₹7,056₹8,61,573
Aug 2029₹29,974₹6,821₹8,31,598
Sept 2029₹30,212₹6,583₹8,01,387
Oct 2029₹30,451₹6,344₹7,70,936
Nov 2029₹30,692₹6,103₹7,40,244
Dec 2029₹30,935₹5,860₹7,09,309
2030₹3,90,888₹50,655₹3,18,421
Jan 2030₹31,180₹5,615₹6,78,129
Feb 2030₹31,427₹5,369₹6,46,702
Mar 2030₹31,676₹5,120₹6,15,026
Apr 2030₹31,926₹4,869₹5,83,100
May 2030₹32,179₹4,616₹5,50,921
Jun 2030₹32,434₹4,361₹5,18,487
Jul 2030₹32,691₹4,105₹4,85,797
Aug 2030₹32,949₹3,846₹4,52,847
Sept 2030₹33,210₹3,585₹4,19,637
Oct 2030₹33,473₹3,322₹3,86,164
Nov 2030₹33,738₹3,057₹3,52,426
Dec 2030₹34,005₹2,790₹3,18,421
2031₹3,18,421₹12,736₹0
Jan 2031₹34,274₹2,521₹2,84,146
Feb 2031₹34,546₹2,249₹2,49,600
Mar 2031₹34,819₹1,976₹2,14,781
Apr 2031₹35,095₹1,700₹1,79,686
May 2031₹35,373₹1,423₹1,44,314
Jun 2031₹35,653₹1,142₹1,08,661
Jul 2031₹35,935₹860₹72,726
Aug 2031₹36,220₹576₹36,506
Sept 2031₹36,506₹289₹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

Ex-showroom price 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.

VariantEx-showroomEMI a month
Pack One Electric AT₹21.90 lakhabout ₹36,800
Pack Two Electric 59 kWh AT₹24.90 lakhabout ₹41,840
Pack Two Electric 79 kWh AT₹26.50 lakhabout ₹44,520
Pack Three Select Electric AT₹27.90 lakhabout ₹46,880
Cineluxe Edition Electric AT₹29.35 lakhabout ₹49,310
Pack Three Electric AT₹30.50 lakhabout ₹51,240

Financing the on-road total instead? The Mahindra XEV 9e on-road price page shows what it costs on the road, state by state. And which XEV 9e variant to buy says where the money works hardest.

Mahindra XEV 9e EMI, answered

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

What is the monthly EMI for a Mahindra XEV 9e?
From about ₹36,800 a month, up to about ₹51,240 on the top variant, at 9.5% a year over 5 years with 20% down on the ex-showroom price. 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.
How much down payment does a Mahindra XEV 9e need?
At the 20% the calculator opens on, the upfront amount runs from ₹4,38,000 on the Pack One to ₹6,10,000 on the Pack Three. 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, insurance and charges, which is real money a loan usually has to cover. The table on this page starts from ex-showroom so every variant is comparable; open any variant and set your city, and the same calculator finances the full on-road amount instead.

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.