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      Mahindra e2o PLUS Car Loan EMI Calculator

      Mahindra e2o PLUS EMI starts at 17,872 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 1.27 Lakh. Mahindra e2o PLUS price starts at ₹ 10.09 Lakh and goes up to ₹ 13.06 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      Mahindra e2o PLUS
      Mahindrae2o PLUS₹ 10.09 - 13.06 Lakh

      Variant

      P4

      Right Arrow

      City

      Delhi

      Right Arrow

      Adjust e2o PLUS Car Loan Parameters

      On-Road Price

      ₹ 10,08,788

      e2o PLUS P4 EMI

      17,872 for 5 Years

      Down Payment
      Loan Tenure (Months)
      Bank Interest Rate
      %

      Mahindra e2o PLUS P4 Car Loan EMI

      On-Road Price₹ 10,08,788
      Ex-Showroom Price₹ 881425
      Max Loan Amount₹ 881425
      Down Payment as per your Selectiont₹ 1,27,363
      Loan Amount₹ 8,81,425
      EMI Amount 17,872
      Interest Component1,90,895(17.8%)
      Principal Component8,81,425(82.2%)
      Total Payable over 5 Years10,72,320
      Note: This doesn't include bank processing fee.

      Mahindra e2o PLUS 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₹ 1,49,353₹ 65,111₹ 7,32,072
      24₹ 1,61,751₹ 52,713₹ 5,70,321
      36₹ 1,75,175₹ 39,289₹ 3,95,146
      48₹ 1,89,715₹ 24,749₹ 2,05,431
      60₹ 2,05,431₹ 9,004₹ 0

      Mahindra e2o PLUS EMI

      Mahindra e2o PLUS Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 1,27,363

      On-Road Price in DelhiMin Down PaymentEMI
      P4

      ₹ 10,08,788

      ₹1,27,363₹17,872
      P6

      ₹ 10,93,140

      ₹1,35,963₹19,408
      P8

      ₹ 13,06,016

      ₹1,78,642₹22,859

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      Explore more about Mahindra e2o PLUS

      Mahindra e2o PLUS
      Mahindra e2o PLUS
      ₹ 10.09 - 13.06 Lakh On-Road Price, Delhi

      e2o PLUS EMI FAQs

      ₹ 17,872.
      Here is how - Mahindra e2o PLUS price starts from ₹ 10,08,788 in Delhi. If you pay a down payment of ₹ 1,27,363 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 17,872.
      The cheapest e2o PLUS model is P4 which is priced at ₹ 10,08,788 in Delhi. You will need to pay at least a ₹ 1,27,363 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 e2o PLUS.
      VersionOn-road price in DelhiMax Loan
      P4₹ 10,08,788₹ 8,81,425
      P6₹ 10,93,140₹ 9,57,177
      P8₹ 13,06,016₹ 11,27,374

      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 e2o PLUS P4 will be ₹ 15,723 but you will have to pay interest of ₹ 4,39,307 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 ₹ 31,612, but your interest payment will be only ₹ 2,56,607 over the 3 years period.