Mahindra Thar Loan EMI Calculator
₹20,967/month
EMI Starts at
₹11.36 Lakh*
On-Road Price Starts at
Mahindra Thar EMI starts at ₹ 20,967 per month for a loan period of 60 months @8.5% interest rate and a loan amount of ₹10.22 Lakh*. To look at the EMI for Thar variants use the EMI Calculator below. It gives a detailed breakdown of EMI and other charges.
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Loan EMI Calculation
₹
₹0₹10.22 Lakh
%
7%18%
Yr
1 Yr7 Yrs
Monthly EMI for 5 years
₹20,967*
Loan Period
5 Years
Total Loan Amount
₹10.22 Lakh
Total Interest Payable
₹2.36 Lakh
Total Payment
₹12.58 Lakh
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Year-Wise EMI Plan
₹
₹0₹10.22 Lakh*
%
7%18%
| Period | EMI | Interest | Total Amount |
|---|---|---|---|
| 1 yr | ₹ 89,137 | ₹ 47,665 | ₹ 10,69,644 |
| 2 yrs | ₹ 46,455 | ₹ 92,941 | ₹ 11,14,920 |
| 3 yrs | ₹ 32,261 | ₹ 1,39,417 | ₹ 11,61,396 |
| 4 yrs | ₹ 25,190 | ₹ 1,87,141 | ₹ 12,09,120 |
| 5 yrs | ₹ 20,967 | ₹ 2,36,041 | ₹ 12,58,020 |
| 6 yrs | ₹ 18,169 | ₹ 2,86,189 | ₹ 13,08,168 |
| 7 yrs | ₹ 16,185 | ₹ 3,37,561 | ₹ 13,59,540 |
| 8 yrs | ₹ 14,708 | ₹ 3,89,989 | ₹ 14,11,968 |
| 9 yrs | ₹ 13,571 | ₹ 4,43,689 | ₹ 14,65,668 |
| 10 yrs | ₹ 12,671 | ₹ 4,98,541 | ₹ 15,20,520 |
Thar Variant Wise EMI
Showing EMI for 5 years @ 8.5% rate
| Variants | EMI Starts at | On-Road Price |
|---|---|---|
| AXT 2.2 L mHawk Turbo Diesel D117 CRDe RWD | ₹20,967 | ₹11,35,532 |

₹9.99 - ₹17.63 Lakh*
Ex-Showroom Price
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Thar Competitor EMI Details
Showing EMI for 5 years @ 8.5% rate
Eligibility & Documents Requirements for a Loan
Who can apply?
You must be an Indian citizen.
Age: 18 to 80 years (at loan maturity).
CIBIL score: 700 or above.
If salaried: Earn at least ₹25,000 per month.
If self-employed: Show ITR proof for the last 2 years.
Also eligible: Proprietors, partnership firms, private limited companies, and trusts.
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Thar On Road Price in India
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