Lotus Eletre EMI Calculator
Updated on November 2026
Lotus Eletre EMI and Down Payment
Lotus Eletre Car Loan EMI Calculator
- Variant
- Base
- On-road price (Delhi)
- Rs. 2,67,40,084
- Down payment
- Rs. 42,88,819
- Loan amount
- Rs. 2,24,51,265
- Interest rate
- 10.5%
- Tenure
- 60 months
- Monthly EMI
- Rs. 4,82,565
Lotus Eletre Car Loan EMI & Loan Breakdown
- Down paymentRs. 42,88,819
- Loan amountRs. 2,24,51,265
- Total interestRs. 65,02,635
- Total loan repayment (EMIs)Rs. 2,89,53,900
- Total purchase outlayRs. 3,32,42,719
Total loan repayment is the EMIs only. Total purchase outlay adds the down payment, so it is what the Base costs you over the loan; it does not include insurance renewal, fuel, maintenance or lender charges other than the processing fee.
| Year | Principal paid | Interest paid | Outstanding loan |
|---|---|---|---|
| Year 1 Months 1-12 | Rs. 36,03,545 | Rs. 21,87,235 | Rs. 1,88,47,720 |
| Year 2 Months 13-24 | Rs. 40,00,668 | Rs. 17,90,112 | Rs. 1,48,47,052 |
| Year 3 Months 25-36 | Rs. 44,41,555 | Rs. 13,49,225 | Rs. 1,04,05,497 |
| Year 4 Months 37-48 | Rs. 49,31,030 | Rs. 8,59,750 | Rs. 54,74,467 |
| Year 5 Months 49-60 | Rs. 54,74,467 | Rs. 3,16,313 | Rs. 0 |
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Lotus Eletre Car Loan Interest Rates – Bank Comparison
| Lending Partners | Interest Rate | EMI Starting From (60 Months) |
|---|---|---|
 HDFC Bank |
8.85% onwards | Rs. 4,64,419 (60 months) |
| ICICI Bank |
9% onwards | Rs. 4,66,051 (60 months) |
| Axis Bank |
9.15% onwards | Rs. 4,67,687 (60 months) |
| Bank of Baroda |
8.7% onwards | Rs. 4,62,789 (60 months) |
Lotus Eletre EMI by Loan Tenure
For a Rs. 2,24,51,265 loan on the Base electric at 10.5%.
| Tenure | EMI | Total Interest | Total Payable |
|---|---|---|---|
| 36 months | Rs. 7,29,721 | Rs. 38,18,691 | Rs. 2,62,69,956 |
| 48 months | Rs. 5,74,828 | Rs. 51,40,479 | Rs. 2,75,91,744 |
| 60 months | Rs. 4,82,565 | Rs. 65,02,635 | Rs. 2,89,53,900 |
| 84 months | Rs. 3,78,543 | Rs. 93,46,347 | Rs. 3,17,97,612 |
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Lotus Eletre Variant-Wise EMI
On-road prices in Delhi. Every variant uses the same rule: the loan runs 60 months at 10.5%, and the down payment is the on-road price minus the loan.
| Eletre Variants | Fuel/Transmission | Ex-showroom | On-road Price | Loan @10.5% | Down Payment | EMI (60 months) |
|---|---|---|---|---|---|---|
| Base | Electric(Battery) / Automatic | Rs. 2,55,00,000 | Rs. 2,67,40,084 | Rs. 2,24,51,265 | Rs. 42,88,819 | Rs. 4,82,565 |
| S | Electric(Battery) / Automatic | Rs. 2,75,00,000 | Rs. 2,88,35,034 | Rs. 2,42,12,576 | Rs. 46,22,458 | Rs. 5,20,423 |
| R | Electric(Battery) / Automatic | Rs. 2,99,00,000 | Rs. 3,13,48,974 | Rs. 2,63,26,149 | Rs. 50,22,825 | Rs. 5,65,852 |
How Is the Lotus Eletre EMI Calculated?
EMI = [P × r × (1 + r)n] ÷ [(1 + r)n − 1], where P is the loan amount, r is the monthly interest rate {(annual rate ÷ 12) ÷ 100} and n is the tenure in months. For the Base electric variant: P = ₹2.25 Crore, r = (10.5 ÷ 12) ÷ 100 = 0.00875 and n = 60 months, which gives an EMI of ₹4,82,565.
The calculation starts from the Delhi on-road price of ₹2.67 Crore (ex-showroom ₹2.55 Crore plus insurance, RTO and other charges).
Factors That Affect Your Lotus Eletre Loan EMI
- Down payment: Every ₹1 lakh of extra down payment lowers the EMI by about ₹2,149 at 10.5% for 60 months.
- Interest rate: A rate 1% higher adds about ₹11,197 to the EMI on a ₹2.25 Crore loan. Starting rates from the banks on this page range from 8.7% to 9.15%.
- Loan tenure: Over 36 months the EMI is ₹7,29,721; over 84 months it drops to ₹3,78,543 but you pay ₹55.28 Lakh more in interest.
- Variant and city: In Delhi the EMI ranges from ₹4,82,565 (Base electric) to ₹5,65,852 (R). The on-road price, and with it the loan, changes from city to city with RTO charges and insurance.
EMI of Lotus Eletre Rivals – Range Rover, Porsche 911, M5
Starting EMI of each model's base variant, worked out the same way as the Lotus Eletre: the down payment is the on-road price minus the loan.
| Model | On-road Price | EMI | Tenure | Interest Rate | Compare |
|---|---|---|---|---|---|
| Land Rover Range Rover 3.0 I Diesel LWB HSE | Rs. 2,84,39,521 | Rs. 4,54,172 | 60 months | 10.5% | Compare with Eletre |
| Porsche 911 Carrera | Rs. 2,29,86,894 | Rs. 3,78,154 | 60 months | 10.5% | Compare with Eletre |
| BMW M5 xDrive | Rs. 2,43,64,218 | Rs. 4,00,225 | 60 months | 10.5% | Compare with Eletre |
| BMW i7 50 xDrive | Rs. 2,04,55,233 | Rs. 3,68,993 | 60 months | 10.5% | Compare with Eletre |
Frequently Asked Questions About Lotus Eletre EMI
What is the monthly EMI for the Lotus Eletre?
₹4,82,565 a month for the Base electric, on a ₹2.25 Crore loan at 10.5% for 5 years. The top R works out to ₹5,65,852.
How much down payment is required for the Lotus Eletre?
About ₹42.89 Lakh for the Base electric in Delhi. That's the on-road price of ₹2.67 Crore minus the ₹2.25 Crore loan.
How does the loan tenure affect the Lotus Eletre EMI?
Over 3 years the EMI is ₹7,29,721 and you pay ₹38.19 Lakh in interest. Stretch it to 7 years and the EMI drops to ₹3,78,543, but interest rises to ₹93.46 Lakh.
Is the Lotus Eletre EMI calculated on the ex-showroom price or the on-road price?
On the on-road price. In Delhi the Base electric costs ₹2.67 Crore on-road, which includes ₹9.80 Lakh insurance and ₹2.60 Lakh RTO and other charges.
Does the Lotus Eletre EMI calculator include the processing fee?
Yes. The ₹5,450 processing fee is paid with the down payment and is not added to the loan.
Which bank has the lowest interest rate for a Lotus Eletre loan?
Bank of Baroda, from 8.7%. At that rate the EMI on the same ₹2.25 Crore loan comes to ₹4,62,789 a month.
Lotus Eletre 2026 Brochure
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