Know Mahindra Scorpio-N loan EMI on down payment of Rs 1.5 lakh: Details explained – Times of India

much awaited Mahindra scorpio-ne was recently launched in the Indian market, and the three-row SUV has received exceptional response in the country so far. This mid-size SUV got a whopping 1 lakh bookings in just half an hour, which devastated the entire market!
Are you planning to buy it? Mahindra Scorpio-N And wondering how much EMI will you have to pay? Here is a table showing the variant-wise on-road (Delhi) price Mahindra Considering the average tenure, ROI and down payment, three-row SUV, and the minimum monthly installment you will have to pay for –

type on-road price
(Delhi)
tenure Rate of interest
(Estimated)
advanced payment EMI
petrol
Z2 Rupee. 14,20,526 5 years 9.8% Rs 1,50,000 Rs 26,870
Z4 Rs 15,93,651 5 years 9.8% Rs 1,59,000 Rs 30,341
Z4 AT Rs 18,03,752 5 years 9.8% Rs 1,80,000 Rs 34,340
Z8 Rs 19,97,609 5 years 9.8% Rs 2,00,000 Rs 38,017
Z8 AT Rs 22,05,749 5 years 9.8% Rupee. 2,21,000 Rs 41,975
Z8L Rs 22,28,443 5 years 9.8% Rupee. 2,23,000 Rs 42,413
Z8L
6-seat
Rs 22,33,314 5 years 9.8% Rupee. 2,23,000 Rs 42,516
Z8L AT Rs 24,35,461 5 years 9.8% Rupee. 2,44,000 Rs 46,347
Z8L AT
6-seat
Rs 24,58,432 5 years 9.8% Rupee. 2,46,000 Rs 46,790
diesel
Z2 Rs 15,21,949 5 years 9.8% Rs 1,52,000 Rs 28,973
Z4 Rs 17,00,324 5 years 9.8% Rs 1,70,000 Rs 32,364
Z6 Rs 18,19,241 5 years 9.8% Rs 1,82,000 Rs 34,626
Z4 AT Rupee. 19,09,030 5 years 9.8% Rs 1,91,000 Rs 36,334
Z4 4×4 Rs 19,66,779 5 years 9.8% Rs 1,97,000 Rs 37,429
Z6 AT Rs 20,26,886 5 years 9.8% Rupee. 2,03,000 Rs 38,573
Z8 Rs 21,16,533 5 years 9.8% Rs 2,12,000 Rs 40,279
Z8 AT Rs 23,21,527 5 years 9.8% Rupee. 2,32,000 Rs 44,191
Z8L Rs 23,54,366 5 years 9.8% Rupee. 2,35,000 Rs 44,822
Z8L
6-seat
Rs 23,49,812 5 years 9.8% Rupee. 2,35,000 Rs 44,726
Z8 4×4 Rs 23,79,276 5 years 9.8% Rupee. 2,38,000 Rs 45,285
Z8L AT Rs 25,57,239 5 years 9.8% Rs 2,56,000 Rs 48,668
Z8L AT
6-seat
Rs 25,80,810 5 years 9.8% Rs 2,58,000 Rs 49,125
Z8 AT
4×4
Rs 26,10,274 5 years 9.8% Rs 2,61,000 Rs 49,684
Z8L 4×4 Rs 26,14,989 5 years 9.8% Rs 2,61,000 Rs 49,784
Z8L AT 4×4 Rs 28,45,987 5 years 9.8% Rupee. 2,85,000 Rs 54,162

To make it easy for you, we have chosen an average tenure of 5 years as standard with an approximate 10% down payment amount and an estimated 9.8% bank interest rate. Note that the buyer is free to decide the period for which he will take the loan, while the interest rate varies from one bank to another. In addition, you can also choose to pay a higher or lower down payment, which will increase or decrease your Easy Monthly Installment (EMI) respectively.
While Mahindra currently sells the Scorpio-N in India at a starting price of Rs 11.99 lakh for the entry-level Z2 petrol MT variant, that goes up to Rs 23.90 lakh (both prices, ex-showroom) for the range-topping variant. Z8L Diesel AT 4×4 Model. However, the Mahindra SUV’s on-road (Delhi) price is currently between Rs 14.21 lakh and Rs 28.46 lakh. Note that these prices were introductory, and were reserved for the first 25,000 bookings. This means that Mahindra Scorpio will see a price hike soon.
Let us know in the comments below if you want to know the EMI of any other car, motorcycle or scooter of your choice!