Mahindra Scorpio N EMI Calculator


Updated on October 2026
Mahindra Scorpio N EMI starts at ₹25,796 per month for the Z2 petrol (₹13.69 Lakh ex-showroom, ₹16.06 Lakh on-road Delhi), on a ₹12.00 Lakh loan at 10.5% for 60 months. Down payment: ₹4.06 Lakh. Total interest: ₹3.48 Lakh. The top Z8L 7-Seater Diesel costs ₹48,132/month.

Mahindra Scorpio N Z2 EMI & Down Payment

Ex-showroom
: Rs. 13,69,000
On-road price
: Rs. 16,06,405  (Delhi)
Loan amount
: Rs. 12,00,167  (On-road - Down payment)
Down payment
: Rs. 4,06,238  (On-road - Loan amount)
Monthly EMI
: Rs. 25,796  (For Tenure of 60 months @ 10.5%; banks start from 8.7%)
Insurance
: Rs. 82,015
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Mahindra Scorpio N Car Loan EMI Calculator

On-road price (Delhi)
Rs. 16,06,405
Down payment
Rs. 4,06,238
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
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 N Car Loan Interest Rates – Bank Comparison

Lending Partners Interest Rate EMI Starting From (60 Months)
Loans From HDFC BankHDFC Bank 8.85% onwards Rs. 24,826 (60 months)
Loans From ICICI BankICICI Bank 9% onwards Rs. 24,913 (60 months)
Loans From Axis BankAxis Bank 9.15% onwards Rs. 25,001 (60 months)
Loans From Bank of Baroda BankBank 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
4.8 18 user reviews
Starts at ₹ 13.69 Lakh
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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. 4,06,238 Rs. 25,796
Z2 Diesel MT Diesel / Manual Rs. 14,18,999 Rs. 12,44,199 Rs. 4,69,298 Rs. 26,743
Z4 Petrol MT Petrol / Manual Rs. 15,56,692 Rs. 13,65,460 Rs. 4,56,521 Rs. 29,349
Z4 Diesel MT Diesel / Manual Rs. 16,11,784 Rs. 14,13,977 Rs. 5,27,694 Rs. 30,392
Z4 Petrol AT Petrol / Automatic Rs. 17,15,693 Rs. 15,05,485 Rs. 4,99,119 Rs. 32,359
Z6 Diesel MT Diesel / Manual Rs. 17,17,214 Rs. 15,06,824 Rs. 5,59,629 Rs. 32,388
Z4 Diesel AT Diesel / Automatic Rs. 17,68,437 Rs. 15,51,933 Rs. 5,75,145 Rs. 33,357
Z8S Petrol MT Petrol / Manual Rs. 17,78,833 Rs. 15,61,089 Rs. 5,16,034 Rs. 33,554
Z4 Diesel 4WD MT Diesel / Manual Rs. 18,02,499 Rs. 15,81,931 Rs. 5,85,462 Rs. 34,002
Z6 Diesel AT Diesel / Automatic Rs. 18,82,348 Rs. 16,52,250 Rs. 6,09,649 Rs. 35,513
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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 Delhi is ₹16.06 Lakh.

What is the minimum down payment for the Mahindra Scorpio N?

About ₹4.06 Lakh for the Z2 petrol in Delhi: the on-road price of ₹16.06 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 ₹33,357 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.

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Mahindra Scorpio N
Mahindra Scorpio N
4.8 18 user reviews
Starts at Rs. 13.69 Lakh
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