Mahindra Scorpio EMI Calculator
Updated on October 2026
Mahindra Scorpio S EMI & Down Payment
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
Mahindra Scorpio Car Loan Interest Rates – Bank Comparison
| Lending Partners | Interest Rate | EMI Starting From (60 Months) |
|---|---|---|
HDFC Bank |
8.85% onwards | Rs. 24,356 (60 months) |
ICICI Bank |
9% onwards | Rs. 24,442 (60 months) |
Axis Bank |
9.15% onwards | Rs. 24,528 (60 months) |
Bank 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 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 |
EMI of Mahindra Scorpio Rivals – Creta, Sierra, Fortuner
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.
Mahindra Scorpio 2026 Brochure
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