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Mahindra XEV 9S EMI calculator

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Calculate the Mahindra XEV 9S 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 ₹35,470 a month, for the Pack One Above Electric 59 kWh AT at ₹21.11 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₹21.11L

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₹4,22,261 (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 ₹35,470
Amount financed
₹16,89,044
Interest over 5 years
₹4,39,156
Total paid, down payment included
₹25,50,461
Year-by-year scheduleHow each year's payments split between interest and the loan
YearLoan repaidInterestStill owed
2026₹44,377₹26,569₹16,44,666
Nov 2026₹22,101₹13,372₹16,66,943
Dec 2026₹22,276₹13,197₹16,44,666
2027₹2,81,481₹1,44,196₹13,63,186
Jan 2027₹22,453₹13,020₹16,22,213
Feb 2027₹22,631₹12,843₹15,99,583
Mar 2027₹22,810₹12,663₹15,76,773
Apr 2027₹22,990₹12,483₹15,53,783
May 2027₹23,172₹12,301₹15,30,610
Jun 2027₹23,356₹12,117₹15,07,255
Jul 2027₹23,541₹11,932₹14,83,714
Aug 2027₹23,727₹11,746₹14,59,987
Sept 2027₹23,915₹11,558₹14,36,072
Oct 2027₹24,104₹11,369₹14,11,968
Nov 2027₹24,295₹11,178₹13,87,673
Dec 2027₹24,487₹10,986₹13,63,186
2028₹3,09,417₹1,16,260₹10,53,769
Jan 2028₹24,681₹10,792₹13,38,505
Feb 2028₹24,877₹10,596₹13,13,628
Mar 2028₹25,074₹10,400₹12,88,555
Apr 2028₹25,272₹10,201₹12,63,283
May 2028₹25,472₹10,001₹12,37,810
Jun 2028₹25,674₹9,799₹12,12,137
Jul 2028₹25,877₹9,596₹11,86,260
Aug 2028₹26,082₹9,391₹11,60,178
Sept 2028₹26,288₹9,185₹11,33,890
Oct 2028₹26,496₹8,977₹11,07,393
Nov 2028₹26,706₹8,767₹10,80,687
Dec 2028₹26,918₹8,555₹10,53,769
2029₹3,40,125₹85,552₹7,13,644
Jan 2029₹27,131₹8,342₹10,26,639
Feb 2029₹27,346₹8,128₹9,99,293
Mar 2029₹27,562₹7,911₹9,71,731
Apr 2029₹27,780₹7,693₹9,43,951
May 2029₹28,000₹7,473₹9,15,951
Jun 2029₹28,222₹7,251₹8,87,729
Jul 2029₹28,445₹7,028₹8,59,284
Aug 2029₹28,670₹6,803₹8,30,613
Sept 2029₹28,897₹6,576₹8,01,716
Oct 2029₹29,126₹6,347₹7,72,590
Nov 2029₹29,357₹6,116₹7,43,233
Dec 2029₹29,589₹5,884₹7,13,644
2030₹3,73,880₹51,796₹3,39,762
Jan 2030₹29,823₹5,650₹6,83,821
Feb 2030₹30,059₹5,414₹6,53,761
Mar 2030₹30,297₹5,176₹6,23,464
Apr 2030₹30,537₹4,936₹5,92,926
May 2030₹30,779₹4,694₹5,62,147
Jun 2030₹31,023₹4,450₹5,31,124
Jul 2030₹31,268₹4,205₹4,99,856
Aug 2030₹31,516₹3,957₹4,68,340
Sept 2030₹31,765₹3,708₹4,36,575
Oct 2030₹32,017₹3,456₹4,04,558
Nov 2030₹32,270₹3,203₹3,72,288
Dec 2030₹32,526₹2,947₹3,39,762
2031₹3,39,762₹14,968₹0
Jan 2031₹32,783₹2,690₹3,06,979
Feb 2031₹33,043₹2,430₹2,73,936
Mar 2031₹33,304₹2,169₹2,40,631
Apr 2031₹33,568₹1,905₹2,07,063
May 2031₹33,834₹1,639₹1,73,230
Jun 2031₹34,102₹1,371₹1,39,128
Jul 2031₹34,372₹1,101₹1,04,756
Aug 2031₹34,644₹829₹70,112
Sept 2031₹34,918₹555₹35,194
Oct 2031₹35,194₹279₹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 9S'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 9S 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 Above Electric 59 kWh AT₹21.11 lakhabout ₹35,470
Pack One Above Electric 79 kWh AT₹23.13 lakhabout ₹38,870
Pack Two Above Electric 70 kWh AT₹25.56 lakhabout ₹42,940
Pack Two Above (6-seat) Electric 70 kWh AT₹25.76 lakhabout ₹43,280
Pack Two Above Electric 79 kWh AT₹26.47 lakhabout ₹44,470
Pack Two Above (6-seat) Electric 79 kWh AT₹26.67 lakhabout ₹44,810
Pack Three Electric AT₹28.39 lakhabout ₹47,690
Pack Three (6-seat) Electric AT₹28.59 lakhabout ₹48,030
Pack Three Above Electric AT₹30.51 lakhabout ₹51,250
Pack Three Above (6-seat) Electric AT₹33.72 lakhabout ₹56,660

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

The XEV 9S ladder, a month at a time

Seven of the 10 variants, spread up the ladder; the table above has every one.

Worth knowing before you sign the loan

  • From ₹35,470 to ₹56,660 a month across the ladder: the Pack Three Above (6-seat) Electric AT costs ₹21,190 a month more than the Pack One Above Electric 59 kWh AT, ₹12,71,400 over the 5 years.
  • The biggest jump between neighbours on the ladder is the Pack Three Above Electric AT to the Pack Three Above (6-seat) Electric AT: ₹5,410 a month more for that one move up.
  • On the road in Delhi rather than ex-showroom, the Pack One Above Electric 59 kWh AT's instalment is ₹35,470 a month instead of ₹34,700: ₹770 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 Above (6-seat) Electric AT needs about ₹56,660 a month.

Mahindra XEV 9S EMI, answered

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

What is the monthly EMI for the Mahindra XEV 9S?
From about ₹35,470 a month, up to about ₹56,660 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 9S 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 Above Electric 59 kWh AT is the way in at about ₹35,470 a month. From there about ₹40,000 a month reaches the Pack One Above Electric 79 kWh AT, about ₹45,000 a month reaches the Pack Two Above (6-seat) Electric 79 kWh AT, about ₹50,000 a month reaches the Pack Three (6-seat) Electric AT, about ₹55,000 a month reaches the Pack Three Above Electric AT, and the top Pack Three Above (6-seat) Electric AT needs about ₹56,660. 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 9S need?
At 20% down on the on-road price in Delhi, the upfront amount runs from ₹4,22,261 on the Pack One Above Electric 59 kWh AT to ₹6,74,461 on the Pack Three Above (6-seat) 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 9S 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 9S page holds every variant, each carrying it pre-filled.