How much down payment will you need to buy the new Mahindra?
mahindra launched its two new electric cars at the end of last year, which are being appreciated a lot. One of these, mahindra BE 6, is in great demand in the market. This electric car of mahindra can also be purchased on loan, so that you do not need to make the full payment at once. You can also buy this mahindra car by paying EMI every month.
How to buy mahindra BE 6 on EMI?
The ex-showroom price of mahindra BE 6 starts from Rs 18.90 lakh and goes up to Rs 26.90 lakh. The on-road price of the base model of mahindra BE 6 is Rs 19.87 lakh. To buy this vehicle, you will have to take a car loan of Rs 17.88 lakh. The loan amount depends on the credit score. If you pay a down payment of Rs 1.99 lakh to buy mahindra BE 6, then on taking a loan for four years, you will have to deposit Rs 44,500 as EMI every month at an interest rate of 9 percent.
How much EMI will have to be paid every month?
If you take a loan for five years to buy this mahindra EV, then you will have to deposit about Rs 37,200 per month for 60 months. Apart from this, on taking a loan for six years to buy an EV, you will have to deposit an installment of Rs 32,300 at an interest rate of 9 percent.
To buy this mahindra electric car, on taking a loan for seven years, an installment of Rs 28,800 will be deposited every month. If you are planning to buy this mahindra electric car on EMI, then it is important to read all the documents carefully while taking the loan. According to the bank's policy, there may be a difference in these figures.
