Mahindra e2o [2014-2016] Car Loan EMI Calculator
Mahindra e2o [2014-2016] EMI starts at 15,573 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 0.72 Lakh. Mahindra e2o [2014-2016] price starts at ₹ 8.40 Lakh and goes up to ₹ 8.81 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
T0
City
Ahmedabad
Adjust e2o [2014-2016] Car Loan Parameters
On-Road Price
₹ 8,39,697₹ 15,573 for 5 Years
Mahindra e2o [2014-2016] 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.
Months | Principal Paid | Interest Paid | Balance Loan |
---|---|---|---|
12 | ₹ 1,30,141 | ₹ 56,735 | ₹ 6,37,908 |
24 | ₹ 1,40,943 | ₹ 45,933 | ₹ 4,96,965 |
36 | ₹ 1,52,641 | ₹ 34,235 | ₹ 3,44,324 |
48 | ₹ 1,65,311 | ₹ 21,565 | ₹ 1,79,013 |
60 | ₹ 1,79,013 | ₹ 7,846 | ₹ 0 |
Mahindra e2o [2014-2016] EMI
Mahindra e2o [2014-2016] Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 71,648
On-Road Price in Ahmedabad | Min Down Payment | EMI |
---|---|---|
T0 ₹ 8,39,697 | ₹71,648 | ₹15,573 |
T2 ₹ 8,80,592 | ₹75,034 | ₹16,334 |
Check Car Loan EMIs of Mahindra e2o [2014-2016] Similar Cars
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Explore more about Mahindra e2o [2014-2016]
e2o [2014-2016] EMI FAQs
Here is how - Mahindra e2o [2014-2016] price starts from ₹ 8,39,697 in Ahmedabad. If you pay a down payment of ₹ 71,648 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 15,573.
Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.
Version | On-road price in Ahmedabad | Max Loan |
---|---|---|
T0 | ₹ 8,39,697 | ₹ 7,68,049 |
T2 | ₹ 8,80,592 | ₹ 8,05,558 |
As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.
- 1. If you select a higher tenure loan, let's say 7 years, your EMI for e2o [2014-2016] T0 will be ₹ 13,088 but you will have to pay interest of ₹ 3,31,343 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 ₹ 26,313, but your interest payment will be only ₹ 1,79,219 over the 3 years period.