Mahindra Scorpio N EMI Calculator
Updated on September 2026
Mahindra Scorpio N Z2 EMI & Down Payment
Mahindra Scorpio N Car Loan EMI Calculator
- On-road price (Agra)
- Rs. 16,13,807
- Down payment
- Rs. 4,13,640
- Loan amount
- Rs. 12,00,167
- Interest rate
- 10.5%
- Tenure
- 60 months
- Monthly EMI
- Rs. 25,796
- Total interest
- Rs. 3,47,593
- Total payable
- Rs. 15,47,760
Mahindra Scorpio N Car Loan Interest Rates – Bank Comparison
| Lending Partners | Interest Rate | EMI Starting From (60 Months) |
|---|---|---|
HDFC Bank |
8.85% onwards | Rs. 24,826 (60 months) |
ICICI Bank |
9% onwards | Rs. 24,913 (60 months) |
Axis Bank |
9.15% onwards | Rs. 25,001 (60 months) |
Bank of Baroda |
8.7% onwards | Rs. 24,739 (60 months) |
Mahindra Scorpio N EMI by Loan Tenure
For a Rs. 12,00,167 loan on the Z2 petrol at 10.5%.
| Tenure | EMI | Total Interest | Total Payable |
|---|---|---|---|
| 36 months | Rs. 39,008 | Rs. 2,04,121 | Rs. 14,04,288 |
| 48 months | Rs. 30,728 | Rs. 2,74,777 | Rs. 14,74,944 |
| 60 months | Rs. 25,796 | Rs. 3,47,593 | Rs. 15,47,760 |
| 84 months | Rs. 20,236 | Rs. 4,99,657 | Rs. 16,99,824 |
Mahindra Scorpio N Variant-wise EMI & Down Payment
| Scorpio N Variants | Fuel/Transmission | Ex-showroom | Loan @10.5% | Down Payment | EMI (60 months) |
|---|---|---|---|---|---|
| Z2 | Petrol / Manual | Rs. 13,69,000 | Rs. 12,00,167 | Rs. 4,13,640 | Rs. 25,796 |
| Z2 Diesel MT | Diesel / Manual | Rs. 14,19,000 | Rs. 12,44,200 | Rs. 4,27,480 | Rs. 26,743 |
| Z4 Petrol MT | Petrol / Manual | Rs. 15,57,000 | Rs. 13,65,731 | Rs. 4,65,681 | Rs. 29,355 |
| Z4 Diesel MT | Diesel / Manual | Rs. 16,12,000 | Rs. 14,14,167 | Rs. 4,80,906 | Rs. 30,396 |
| Z4 Petrol AT | Petrol / Automatic | Rs. 17,16,000 | Rs. 15,05,755 | Rs. 5,09,695 | Rs. 32,365 |
| Z6 Diesel MT | Diesel / Manual | Rs. 17,17,000 | Rs. 15,06,635 | Rs. 5,09,973 | Rs. 32,383 |
| Z4 Diesel AT | Diesel / Automatic | Rs. 17,68,000 | Rs. 15,51,549 | Rs. 5,24,090 | Rs. 33,349 |
| Z8S Petrol MT | Petrol / Manual | Rs. 17,79,000 | Rs. 15,61,236 | Rs. 5,27,135 | Rs. 33,557 |
| Z4 Diesel 4WD MT | Diesel / Manual | Rs. 18,03,000 | Rs. 15,82,372 | Rs. 5,33,779 | Rs. 34,011 |
| Z8S Diesel MT | Diesel / Manual | Rs. 18,79,000 | Rs. 16,49,302 | Rs. 5,54,817 | Rs. 35,450 |
EMI of Mahindra Scorpio N Rivals – Safari, Sierra, Harrier
-
Mahindra Scorpio
Rs. 13.37 LakhScorpio EMI Compare with Scorpio N -
Tata Safari
Rs. 13.40 LakhSafari EMI Compare with Scorpio N -
Mahindra Thar ROXX
Rs. 12.52 LakhThar ROXX EMI Compare with Scorpio N -
Tata Sierra
Rs. 11.49 LakhSierra EMI Compare with Scorpio N -
Tata Harrier
Rs. 13.00 LakhHarrier EMI Compare with Scorpio N
Mahindra Scorpio N EMI – Frequently Asked Questions
What is the starting EMI of the Mahindra Scorpio N?
The Mahindra Scorpio N EMI starts at ₹25,796 per month for the Z2 petrol on a ₹12.00 Lakh loan at 10.5% for 60 months. Its on-road price in Agra is ₹16.14 Lakh.
What is the minimum down payment for the Mahindra Scorpio N?
About ₹4.14 Lakh for the Z2 petrol in Agra: the on-road price of ₹16.14 Lakh minus a ₹12.00 Lakh loan.
How much total interest will I pay on a Mahindra Scorpio N loan?
On a ₹12.00 Lakh loan at 10.5% for 60 months you pay ₹3.48 Lakh in interest, or ₹15.48 Lakh in total.
What is the Mahindra Scorpio N EMI for a 3-year versus a 7-year tenure?
For a ₹12.00 Lakh loan at 10.5%, the EMI is ₹39,008 per month over 3 years (₹2.04 Lakh interest) and ₹20,236 per month over 7 years (₹5.00 Lakh interest).
Which bank has the lowest interest rate for a Mahindra Scorpio N loan?
Of the banks listed on this page, Bank of Baroda starts lowest at 8.7%, which makes the EMI ₹24,739 per month on a ₹12.00 Lakh loan for 60 months.
What is the EMI of the Mahindra Scorpio N diesel automatic?
The Z4 Diesel AT, the most affordable diesel automatic, costs ₹33,349 per month on a ₹15.52 Lakh loan at 10.5% for 60 months.
What is the EMI of the top Mahindra Scorpio N variant?
The Z8L 7-Seater Diesel costs ₹48,132 per month on a ₹22.39 Lakh loan at 10.5% for 60 months.
How is the Mahindra Scorpio N down payment calculated?
Down payment is the on-road price minus the loan amount. ZigWheels finances 90% of the ex-showroom price, less the processing fee and one EMI paid in advance, so the down payment covers the rest of the ex-showroom price plus insurance, registration and other on-road charges.
Mahindra Scorpio N 2026 Brochure
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