planning to buy Mahindra Tharo and wondered how much EMI Will you have to pay for a rough and tough SUV? Here is a table showing the variant-wise on-road (Delhi) prices Mahindra Thar taking into account the average tenure, ROI and down payment, and the minimum monthly installment you will have to pay for –
| type | on-road price (Delhi) |
tenure | Rate of interest (estimated) |
below Payment |
EMI |
| AX (O) Petrol MT convertible top |
Rs 15,80,474 | 5 years | 9.8% | Rs 1,50,000 | Rs 30,253 |
| LX Petrol MT hard top |
Rs 16,59,136 | 5 years | 9.8% | Rs 1,66,000 | Rs 31,578 |
| LX Petrol AT convertible top |
Rs 18,24,088 | 5 years | 9.8% | Rs 1,82,000 | Rs 34,728 |
| LX Petrol AT hard top |
Rs 18,33,854 | 5 years | 9.8% | Rs 1,83,000 | Rs 34,914 |
| AX (O) DIESEL MT convertible top |
Rs 16,69,220 | 5 years | 9.8% | Rs 1,67,000 | Rs 31,770 |
| AX (O) DIESEL MT hard top |
Rs 16,74,904 | 5 years | 9.8% | Rs 1,67,000 | Rs 31,890 |
| LX Diesel MT convertible top |
Rs 17,40,538 | 5 years | 9.8% | Rs 1,74,000 | Rs 33,130 |
| LX Diesel MT hard top |
Rs 17,51,131 | 5 years | 9.8% | Rs 1,75,000 | Rs 33,333 |
| LX Diesel AT convertible top |
Rs 19,10,956 | 5 years | 9.8% | Rs 1,91,000 | Rs 36,375 |
| LX Diesel AT hard top |
Rs 19,21,644 | 5 years | 9.8% | Rs 1,92,000 | Rs 36,580 |
We have decided to take an average tenure of 5 years as standard with around 10% down payment upfront and an estimated 9.8% bank interest rate. It is to be noted that the buyer is free to decide the period that he is required to repay the loan amount, while the interest rate varies from bank to bank. Also, one can choose to pay a higher or lower down payment, which will increase or decrease your Easy Monthly Installment (EMI) respectively.
Mahindra currently sells the Thar SUV in India at a base price of Rs 13.53 lakh for the entry-level AX (O) petrol MT variant with convertible top, which goes up to Rs 16.03 lakh (both prices, ex-showroom). For the range-topping LX Diesel AT hard top model. However, the on-road (Delhi) price of Mahindra off-roader is currently between Rs 15.80 lakh and Rs 19.22 lakh.
For example, if you buy the LX Petrol AT convertible top variant (ex-showroom price – Rs 15.67 lakh) of Mahindra Thar, you will have to pay Rs 34,728 as monthly installment for a period of 60 months (5 years). Will happen. ) at 9.8% ROI with a one-time down payment of Rs 1.82 lakh. In this scenario, the total loan amount would be Rs 16,42,088.
In all, you pay around Rs 22,65,680 for this particular variant of Thar till the end of your loan tenure, which includes the on-road price, down payment amount, as well as the interest incurred over the above tenure. , If you have any other car or SUV for which you want to know the loan EMI amount, do let us know in the comment section below.