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Mahindra KUV100 NXT EMI Calculator

Mahindra KUV100 NXT EMI starts at Rs 12,007 per month for a tenure of 60 months @ 9.8 for a loan amount of Rs 5.67 Lakh. The EMI Calculator tool on CarDekho gives a detailed break-up of the total payable amount and helps you in finding best car finance for your KUV100 NXT.

Mahindra KUV100 NXT Down Payment and EMI

Mahindra KUV 100 VariantsLoan @ rate%Down paymentEMI Amount(60 months)
Mahindra KUV 100 G80 K2 Plus 6 Str9.800000190734863Rs.63,077Rs.12,007
Mahindra KUV 100 G80 K4 Plus 6Str9.800000190734863Rs.70,020Rs.13,327
Mahindra KUV 100 G80 K6 Plus 6Str9.800000190734863Rs.75,749Rs.14,412
Mahindra KUV100 NXT G80 K8 6Str9.800000190734863Rs.80,775Rs.15,370

Calculate your Loan EMI for KUV100 NXT

Down PaymentRs.0
0Rs.0
Bank Interest Rate 8 %
8%22%
Loan Period ( Years )
  • Total Loan AmountRs.0
  • Payable AmountRs.0
  • You''ll pay extraRs.0
EMIper month
Rs0
Calculated on On Road Price
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Find EMI of KUV100 NXT Alternatives

*Ex-showroom Price in New Delhi

Frequently Asked Questions On Kuv100 Nxt Emi

What will be the lowest down payment for Mahindra KUV100 NXT?

The lenders generally finance 90% of the On-Road Price of the Mahindra KUV100 NXT. Some customers might be eligible for 100% funding, too. Down payment is the difference between the On-Road Price of the Mahindra KUV100 NXT and the amount funded by the lender.

What will be the monthly EMI for the Mahindra KUV100 NXT?

EMIs or Equated Monthly Installments refer to the monthly payments you make to the lender to repay your loan. These payments include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI for the Mahindra KUV100 NXT can be calculated using the following formula:

{P x R x (1+R)^N / [(1+R)^N-1]}

where, P = Principal amount of the loan, R = Rate of interest and N = Number of monthly installments.

For Example:- If the principal amount for a car loan is Rs. 5.67 Lakh- on an annual rate of interest of 9.8% for a tenure of 5 years then EMI will be Rs 12,007. The rate of interest (R) on your loan is calculated monthly i.e. (R= Annual rate of interest/12/100). For instance, if R = 9.8% per annum, then R= 9.8/12 = 0.81%/month .

What will be the interest rate for the Mahindra KUV100 NXT?

Interest rate for the Mahindra KUV100 NXT primarily depends on the principal amount and tenure of the loan amount. Interest rate of lenders generally varies from 8.75% per annum to 11.50% per annum. If a customer holds an account with the financier then he may have a pre-approved new car loan offer available for him which can be verified by logging into his account. Customers can also negotiate with the financier for a better rate of interest against their loan amount.

What will be the EMI for 5 years tenure for the Mahindra KUV100 NXT?

EMI for the Mahindra KUV100 NXT for 5 years tenure can be calculated as per the following formula:-

{P x R x (1+R)^N / [(1+R)^N-1]}

Where, P = Principal amount of the loan, R = Rate of interest, N = Number of monthly installments which will be per month in case of 5 years tenure.

Running cost of your car

KM driven per day20 km/day
Monthly fuel costRs.0* / month

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Disclaimer : As per the information entered by you the calculation is performed by EMI Calculator and the amount of installments does not include any other fees charged by the financial institution / banks like processing fee, file charges, etc. The amount is in Indian Rupee rounded off to the nearest Rupee. Depending upon type and use of vehicle, regional lender requirements and the strength of your credit, actual down payment and resulting monthly payments may vary. Exact monthly installments can be found out from the financial institution.

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