MG Majestor Loan EMI Calculator
₹89,398/month
EMI Starts at
₹48.42 Lakh*
On-Road Price Starts at
MG Majestor EMI starts at ₹ 89,398 per month for a loan period of 60 months @8.5% interest rate and a loan amount of ₹43.57 Lakh*. To look at the EMI for Majestor variants use the EMI Calculator below. It gives a detailed breakdown of EMI and other charges.
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Loan EMI Calculation
₹
₹0₹43.57 Lakh
%
7%18%
Yr
1 Yr7 Yrs
Monthly EMI for 5 years
₹89,398*
Loan Period
5 Years
Total Loan Amount
₹43.57 Lakh
Total Interest Payable
₹10.07 Lakh
Total Payment
₹53.64 Lakh
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Year-Wise EMI Plan
₹
₹0₹9.00 Lakh*
%
7%18%
| Period | EMI | Interest | Total Amount |
|---|---|---|---|
| 1 yr | ₹ 78,498 | ₹ 41,976 | ₹ 9,41,976 |
| 2 yrs | ₹ 40,910 | ₹ 81,840 | ₹ 9,81,840 |
| 3 yrs | ₹ 28,411 | ₹ 1,22,796 | ₹ 10,22,796 |
| 4 yrs | ₹ 22,183 | ₹ 1,64,784 | ₹ 10,64,784 |
| 5 yrs | ₹ 18,465 | ₹ 2,07,900 | ₹ 11,07,900 |
| 6 yrs | ₹ 16,001 | ₹ 2,52,072 | ₹ 11,52,072 |
| 7 yrs | ₹ 14,253 | ₹ 2,97,252 | ₹ 11,97,252 |
| 8 yrs | ₹ 12,953 | ₹ 3,43,488 | ₹ 12,43,488 |
| 9 yrs | ₹ 11,951 | ₹ 3,90,708 | ₹ 12,90,708 |
| 10 yrs | ₹ 11,159 | ₹ 4,39,080 | ₹ 13,39,080 |
Majestor Variant Wise EMI
Showing EMI for 5 years @ 8.5% rate
| Variants | EMI Starts at | On-Road Price |
|---|---|---|
| Sharp 4x2 | ₹0 | ₹0 |
| Savvy 4x2 6 Seater | ₹89,398 | ₹48,41,519 |
| Savvy 4x2 | ₹89,398 | ₹48,41,519 |
| Savvy 4x4 | ₹98,121 | ₹53,13,919 |
₹40.99 - ₹44.99 Lakh*
Ex-Showroom Price
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Majestor Competitor EMI Details
Showing EMI for 5 years @ 8.5% rate
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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.
Majestor On Road Price in India
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