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Mahindra XUV500 EMI Calculator

Mahindra XUV500 EMI starts at Rs 36,877 per month for a tenure of 60 months @ 9.8 for a loan amount of Rs 17.43 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 XUV500.

Mahindra XUV500 Down Payment and EMI

Mahindra XUV500 VariantsLoan @ rate%Down paymentEMI Amount(60 months)
Mahindra XUV500 W79.8Rs.1.93 LakhRs.36,877
Mahindra XUV500 W7 AT9.8Rs.2.08 LakhRs.39,597
Mahindra XUV500 W99.8Rs.2.14 LakhRs.40,836
Mahindra XUV500 W9 AT9.8Rs.2.28 LakhRs.43,560
Mahindra XUV500 W11 Option9.8Rs.2.32 LakhRs.44,301

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Calculate your Loan EMI for XUV500

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 XUV500 User Reviews

4.3/5
Based on610 User reviews
  • All (610)
  • Comfort (227)
  • Looks (194)
  • Power (137)
  • Mileage (136)
  • Engine (134)
  • Seat (127)
  • Experience (110)
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  • XUV500 Best Car

    Best car in India, I love XUV500 best car for the family use. Comfortable for a long drive, pick-up is good. This is an amazing car for all XUV lovers

    By ramniwasjhajhra jhajhra
    On: Jun 05, 2021 | 56 Views
  • XUV 500

    I have been using the car for the last 5 years, with the strong build quality and comfortable highway driving. Requires improvement on the rear suspension and l...Read More

    By navin kumar
    On: May 29, 2021 | 580 Views
  • Xuv500 Nice Car

    Comfort, safety, build quality, very good.👍 Overall performance very good India safest car in the SUV segment

    By g naveen reddy
    On: May 20, 2021 | 45 Views
  • Master In Class

    Great performance. good pickup, Great mileage, good style, and looks. But comfort wise Mahendra has to improve.

    By digital buckket
    On: Apr 30, 2021 | 40 Views
  • THE Best Car In The Segment

    Best car, rather, unbeatable in the segment. Complete SUV loaded with features and trust of 'Mahindra'. An amazing experience. Believe me, you won't find such featur...Read More

    By simar ahuja
    On: Apr 19, 2021 | 426 Views
  • View All XUV500 Reviews

Frequently Asked Questions On Xuv500 Emi

What will be the lowest down payment for Mahindra XUV500?

The lenders generally finance 90% of the On-Road Price of the Mahindra XUV500. Some customers might be eligible for 100% funding, too. Down payment is the difference between the On-Road Price of the Mahindra XUV500 and the amount funded by the lender.

What will be the monthly EMI for the Mahindra XUV500?

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 XUV500 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. 17.43 Lakh- on an annual rate of interest of 9.8% for a tenure of 5 years then EMI will be Rs 36,877. 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 XUV500?

Interest rate for the Mahindra XUV500 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 XUV500?

EMI for the Mahindra XUV500 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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