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Mahindra Thar EMI Calculator

Mahindra Thar EMI starts at Rs 21,153 per month for a tenure of 60 months @ 9.8 for a loan amount of Rs 10.0 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 Thar.

Mahindra Thar Down Payment and EMI

Mahindra Thar VariantsLoan @ rate%Down paymentEMI Amount(60 months)
Mahindra Thar CRDe9.800000190734863Rs.1.11 LakhRs.21,153
Mahindra Thar CRDe ABS9.800000190734863Rs.1.12 LakhRs.21,469
Mahindra Thar 700 CRDe ABS9.800000190734863Rs.1.15 LakhRs.21,985

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Calculate your Loan EMI for Thar

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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Mahindra Thar User Reviews

4.4/5
Based on107 User reviews
  • All (113)
  • Looks (41)
  • Power (30)
  • Engine (19)
  • AC (16)
  • Comfort (16)
  • Performance (16)
  • Experience (14)
  • More ...
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  • Thar Resembles And Classic

    The Mahindra Thar, won't set the world on fire in terms of ride and handling. This is an awesome four-wheel-drive that's normally driven at low speeds on Indian roads and...Read More

    By shanu muhammed
    On: May 15, 2020 | 626 Views
  • It's Amazing To See It's Really Good

    Very nice, it's clearly awesome very helpful for our daily usage you can bring you to the next level of imagination.

    By mohammed ashir
    On: May 09, 2020 | 59 Views
  • KING OF OFF-ROADING

    BEST CAR... This car is very cheap to maintain. It has good style if modified and it has good tyres and good for off-roading. It has a good transmission and its fuel econ...Read More

    By iqbal singh
    On: Apr 24, 2020 | 129 Views
  • Thar Brst Car Of Mahindra

    Best car of Mahindra and best car of an off-road car. its interior and exterior are best. This mileage is so so good

    By dev
    On: Apr 25, 2020 | 88 Views
  • Beast Of A Car

    Its the best offroad SUV you can have in your budget. The performance and its styling will never disappoint you. An off-road enthusiast will enjoy most out of it. Seating...Read More

    By abhi ab
    On: Apr 20, 2020 | 69 Views
  • View All Thar Reviews

Frequently Asked Questions On Thar Emi

What will be the lowest down payment for Mahindra Thar?

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

What will be the monthly EMI for the Mahindra Thar?

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 Thar 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. 10.0 Lakh- on an annual rate of interest of 9.8% for a tenure of 5 years then EMI will be Rs 21,153. 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 Thar?

Interest rate for the Mahindra Thar 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 Thar?

EMI for the Mahindra Thar 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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