Mahindra Scorpio EMI Calculator


Updated on October 2026
Mahindra Scorpio EMI starts at ₹25,308 per month for the S diesel (₹13.43 Lakh ex-showroom, ₹16.70 Lakh on-road Delhi), on a ₹11.77 Lakh loan at 10.5% for 60 months. Down payment: ₹4.93 Lakh. Total interest: ₹3.41 Lakh. The top S 11 7CC costs ₹32,978/month.

Mahindra Scorpio S EMI & Down Payment

Ex-showroom
: Rs. 13,43,200
On-road price
: Rs. 16,70,184  (Delhi)
Loan amount
: Rs. 11,77,446  (On-road - Down payment)
Down payment
: Rs. 4,92,738  (On-road - Loan amount)
Monthly EMI
: Rs. 25,308  (For Tenure of 60 months @ 10.5%; banks start from 8.7%)
Insurance
: Rs. 81,020
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Mahindra Scorpio Car Loan EMI Calculator

On-road price (Delhi)
Rs. 16,70,184
Down payment
Rs. 4,92,738
Loan amount
Rs. 11,77,446
Interest rate
10.5%
Tenure
60 months
Monthly EMI
Rs. 25,308
Total interest
Rs. 3,41,034
Total payable
Rs. 15,18,480
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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Mahindra Scorpio Car Loan Interest Rates – Bank Comparison

Lending Partners Interest Rate EMI Starting From (60 Months)
Loans From HDFC BankHDFC Bank 8.85% onwards Rs. 24,356 (60 months)
Loans From ICICI BankICICI Bank 9% onwards Rs. 24,442 (60 months)
Loans From Axis BankAxis Bank 9.15% onwards Rs. 24,528 (60 months)
Loans From Bank of Baroda BankBank of Baroda 8.7% onwards Rs. 24,271 (60 months)

Mahindra Scorpio EMI by Loan Tenure

For a Rs. 11,77,446 loan on the S diesel at 10.5%.

Tenure EMI Total Interest Total Payable
36 months Rs. 38,270 Rs. 2,00,274 Rs. 13,77,720
48 months Rs. 30,147 Rs. 2,69,610 Rs. 14,47,056
60 months Rs. 25,308 Rs. 3,41,034 Rs. 15,18,480
84 months Rs. 19,853 Rs. 4,90,206 Rs. 16,67,652
Mahindra Scorpio
4.4 176 user reviews
Starts at ₹ 13.43 Lakh
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Mahindra Scorpio Variant-wise EMI & Down Payment

Scorpio Variants Fuel/Transmission Ex-showroom Loan @10.5% Down Payment EMI (60 months)
S Diesel / Manual Rs. 13,43,200 Rs. 11,77,446 Rs. 4,92,738 Rs. 25,308
S 9 Seater Diesel / Manual Rs. 13,90,900 Rs. 12,19,454 Rs. 5,20,887 Rs. 26,211
S 11 7CC Diesel / Manual Rs. 17,48,400 Rs. 15,34,288 Rs. 6,37,976 Rs. 32,978
S 11 Diesel / Manual Rs. 17,48,400 Rs. 15,34,288 Rs. 6,30,076 Rs. 32,978

Mahindra Scorpio EMI – Frequently Asked Questions

What is the starting EMI of the Mahindra Scorpio?

The Mahindra Scorpio EMI starts at ₹25,308 per month for the S diesel on a ₹11.77 Lakh loan at 10.5% for 60 months. Its on-road price in Delhi is ₹16.70 Lakh.

What is the minimum down payment for the Mahindra Scorpio?

About ₹4.93 Lakh for the S diesel in Delhi: the on-road price of ₹16.70 Lakh minus a ₹11.77 Lakh loan.

How much total interest will I pay on a Mahindra Scorpio loan?

On a ₹11.77 Lakh loan at 10.5% for 60 months you pay ₹3.41 Lakh in interest, or ₹15.18 Lakh in total.

What is the Mahindra Scorpio EMI for a 3-year versus a 7-year tenure?

For a ₹11.77 Lakh loan at 10.5%, the EMI is ₹38,270 per month over 3 years (₹2.00 Lakh interest) and ₹19,853 per month over 7 years (₹4.90 Lakh interest).

Which bank has the lowest interest rate for a Mahindra Scorpio loan?

Of the banks listed on this page, Bank of Baroda starts lowest at 8.7%, which makes the EMI ₹24,271 per month on a ₹11.77 Lakh loan for 60 months.

What is the EMI of the top Mahindra Scorpio variant?

The S 11 7CC costs ₹32,978 per month on a ₹15.34 Lakh loan at 10.5% for 60 months.

How is the Mahindra Scorpio 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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Mahindra Scorpio
Mahindra Scorpio
4.4 176 user reviews
Starts at Rs. 13.43 Lakh
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