Jeep Grand Cherokee EMI Calculator


Updated on October 2026
Jeep Grand Cherokee EMI starts at ₹1,19,134 per month for the Limited Opt petrol (₹63.00 Lakh ex-showroom, ₹74.51 Lakh on-road Delhi), on a ₹55.43 Lakh loan at 10.5% for 60 months. Down payment: ₹19.08 Lakh. Total interest: ₹16.05 Lakh.

Jeep Grand Cherokee Limited Opt EMI & Down Payment

Ex-showroom
: Rs. 63,00,000
On-road price
: Rs. 74,50,866  (Delhi)
Loan amount
: Rs. 55,42,680  (On-road - Down payment)
Down payment
: Rs. 19,08,186  (On-road - Loan amount)
Monthly EMI
: Rs. 1,19,134  (For Tenure of 60 months @ 10.5%; banks start from 8.7%)
Insurance
: Rs. 2,72,166
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Jeep Grand Cherokee Car Loan EMI Calculator

On-road price (Delhi)
Rs. 74,50,866
Down payment
Rs. 19,08,186
Loan amount
Rs. 55,42,680
Interest rate
10.5%
Tenure
60 months
Monthly EMI
Rs. 1,19,134
Total interest
Rs. 16,05,360
Total payable
Rs. 71,48,040
EMI in advance: You pay one EMI instalment in advance to the bank. This amount is EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan
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Jeep Grand Cherokee Car Loan Interest Rates – Bank Comparison

Lending Partners Interest Rate EMI Starting From (60 Months)
Loans From HDFC BankHDFC Bank 8.85% onwards Rs. 1,14,654 (60 months)
Loans From ICICI BankICICI Bank 9% onwards Rs. 1,15,057 (60 months)
Loans From Axis BankAxis Bank 9.15% onwards Rs. 1,15,461 (60 months)
Loans From Bank of Baroda BankBank of Baroda 8.7% onwards Rs. 1,14,252 (60 months)

Jeep Grand Cherokee EMI by Loan Tenure

For a Rs. 55,42,680 loan on the Limited Opt petrol at 10.5%.

Tenure EMI Total Interest Total Payable
36 months Rs. 1,80,151 Rs. 9,42,756 Rs. 64,85,436
48 months Rs. 1,41,911 Rs. 12,69,048 Rs. 68,11,728
60 months Rs. 1,19,134 Rs. 16,05,360 Rs. 71,48,040
84 months Rs. 93,453 Rs. 23,07,372 Rs. 78,50,052
Jeep Grand Cherokee
Starts at ₹ 63.00 Lakh
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Jeep Grand Cherokee EMI – Frequently Asked Questions

What is the starting EMI of the Jeep Grand Cherokee?

The Jeep Grand Cherokee EMI starts at ₹1,19,134 per month for the Limited Opt petrol on a ₹55.43 Lakh loan at 10.5% for 60 months. Its on-road price in Delhi is ₹74.51 Lakh.

What is the minimum down payment for the Jeep Grand Cherokee?

About ₹19.08 Lakh for the Limited Opt petrol in Delhi: the on-road price of ₹74.51 Lakh minus a ₹55.43 Lakh loan.

How much total interest will I pay on a Jeep Grand Cherokee loan?

On a ₹55.43 Lakh loan at 10.5% for 60 months you pay ₹16.05 Lakh in interest, or ₹71.48 Lakh in total.

What is the Jeep Grand Cherokee EMI for a 3-year versus a 7-year tenure?

For a ₹55.43 Lakh loan at 10.5%, the EMI is ₹1,80,151 per month over 3 years (₹9.43 Lakh interest) and ₹93,453 per month over 7 years (₹23.07 Lakh interest).

Which bank has the lowest interest rate for a Jeep Grand Cherokee loan?

Of the banks listed on this page, Bank of Baroda starts lowest at 8.7%, which makes the EMI ₹1,14,252 per month on a ₹55.43 Lakh loan for 60 months.

How is the Jeep Grand Cherokee 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.

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Jeep Grand Cherokee
Jeep Grand Cherokee
Starts at Rs. 63.00 Lakh
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