Mahindra Thar Loan EMI Calculator
₹22,554/month
EMI Starts at
₹12.21 Lakh*
On-Road Price Starts at
Mahindra Thar EMI starts at ₹ 22,554 per month for a loan period of 60 months @8.5% interest rate and a loan amount of ₹10.99 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₹10.99 Lakh
%
7%18%
Yr
1 Yr7 Yrs
Monthly EMI for 5 years
₹22,554*
Loan Period
5 Years
Total Loan Amount
₹10.99 Lakh
Total Interest Payable
₹2.54 Lakh
Total Payment
₹13.53 Lakh
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Year-Wise EMI Plan
₹
₹0₹10.99 Lakh*
%
7%18%
| Period | EMI | Interest | Total Amount |
|---|---|---|---|
| 1 yr | ₹ 95,882 | ₹ 51,274 | ₹ 11,50,584 |
| 2 yrs | ₹ 49,970 | ₹ 99,970 | ₹ 11,99,280 |
| 3 yrs | ₹ 34,703 | ₹ 1,49,998 | ₹ 12,49,308 |
| 4 yrs | ₹ 27,096 | ₹ 2,01,298 | ₹ 13,00,608 |
| 5 yrs | ₹ 22,554 | ₹ 2,53,930 | ₹ 13,53,240 |
| 6 yrs | ₹ 19,544 | ₹ 3,07,858 | ₹ 14,07,168 |
| 7 yrs | ₹ 17,409 | ₹ 3,63,046 | ₹ 14,62,356 |
| 8 yrs | ₹ 15,821 | ₹ 4,19,506 | ₹ 15,18,816 |
| 9 yrs | ₹ 14,598 | ₹ 4,77,274 | ₹ 15,76,584 |
| 10 yrs | ₹ 13,630 | ₹ 5,36,290 | ₹ 16,35,600 |
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 | ₹22,554 | ₹12,21,456 |

₹10.32 - ₹18.00 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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