2025 Mahindra Thar: EMI Buying Guide

The Mahindra Thar recently received subtle tweaks inside and out, along with some additional features. And with the latest GST rate cuts, owning one has become even more tempting. After all, the Thar continues to be an aspirational SUV, admired for its butch looks, rugged stance and proven off-road capabilities.

If you’re thinking of buying the top-spec LXT diesel automatic variant of the Thar on loan, priced at Rs 20.14 lakh on-road in New Delhi, here’s how much you will have to pay on EMI. We have calculated it based on 4 different tenures, with a down payment of Rs 4 lakh (around 20 percent of the on-road price). A standard interest rate of 9.5 percent has been considered here for the calculation of monthly EMI.

Disclaimer: Note that the monthly EMI varies depending on the variant, down-payment made, and interest rate applied. The interest rate offered on car loans can differ based on your CIBIL score. For this calculation, we have considered a standard rate of 9.5 percent. For exact details, please contact your nearest dealership and bank.

Check out the variant-wise prices for the 2025 Mahindra Thar by clicking here.

3 Year Tenure

With a 3 year loan tenure, the monthly EMI for the top-spec LXT diesel automatic variant of the Thar will be Rs 51,962.

• Down Payment: Rs 4 Lakh

• Total EMI Payment: Rs 18.61 Lakh (including Rs 2.47 Lakh interest)

• Total Cost After 3 Years: Rs 22.61 Lakh

Also Read: 2025 Mahindra Thar Facelift vs Mahindra Thar Roxx: Exterior And Interior Design Differences Compared

4 Years Tenure

For a 4 year loan tenure, the monthly EMI for the top-spec Thar will be Rs 40,542.

• Down Payment: Rs 4 Lakh

• Total EMI Payment: Rs 19.46 Lakh (including Rs 3.32 lakh interest)

• Total Cost After 4 Years: Rs 23.46 Lakh

5 Years Tenure

A 5 year loan tenure significantly brings down your monthly EMI payment to Rs 33,891.

• Down Payment: Rs 4 Lakh

• Total EMI Payment: Rs 20.33 Lakh (including Rs 4.19 lakh interest)

• Total Cost After 5 Years: 24.33 Lakh

Also Read: Here’s What Each Variant Of The 2025 Mahindra Thar Facelift Has To Offer

7 Year Tenure

For a 7 year loan tenure, your monthly installment for the Thar will be least, i.e., Rs 26,375.

Down Payment: Rs 4 Lakh

Total EMI Payment: Rs 22.15 Lakh (including Rs 6.01 lakh interest)

Total Cost After 7 Years: Rs 26.15 Lakh

CarDekho Says

You can also use the EMI Calculator feature on CarDekho website for different models and prices for different cities. In this ongoing festive season, the automakers are also offering several benefits on cars, making it the perfect time to drive home a car on easy EMI payment plans.