Mahindra Thar ROXX EMI Calculator


Updated on October 2026
Mahindra Thar ROXX EMI starts at ₹23,582 per month for the MX1 RWD petrol (₹12.52 Lakh ex-showroom, ₹15.34 Lakh on-road Delhi), on a ₹10.97 Lakh loan at 10.5% for 60 months. Down payment: ₹4.37 Lakh. Total interest: ₹3.18 Lakh. The top AX7L 4WD Diesel AT costs ₹44,413/month.
Also see: Thar ROXX On-road price | Thar ROXX Variants | Thar ROXX Offers | Thar ROXX Mileage

Mahindra Thar ROXX MX1 RWD EMI & Down Payment

Ex-showroom
: Rs. 12,52,000
On-road price
: Rs. 15,34,023  (Delhi)
Loan amount
: Rs. 10,97,131  (On-road - Down payment)
Down payment
: Rs. 4,36,892  (On-road - Loan amount)
Monthly EMI
: Rs. 23,582  (For Tenure of 60 months @ 10.5%; banks start from 8.7%)
Insurance
: Rs. 77,503
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Mahindra Thar ROXX Car Loan EMI Calculator

On-road price (Delhi)
Rs. 15,34,023
Down payment
Rs. 4,36,892
Loan amount
Rs. 10,97,131
Interest rate
10.5%
Tenure
60 months
Monthly EMI
Rs. 23,582
Total interest
Rs. 3,17,789
Total payable
Rs. 14,14,920
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 Thar ROXX Car Loan Interest Rates – Bank Comparison

Lending Partners Interest Rate EMI Starting From (60 Months)
Loans From HDFC BankHDFC Bank 8.85% onwards Rs. 22,695 (60 months)
Loans From ICICI BankICICI Bank 9% onwards Rs. 22,775 (60 months)
Loans From Axis BankAxis Bank 9.15% onwards Rs. 22,855 (60 months)
Loans From Bank of Baroda BankBank of Baroda 8.7% onwards Rs. 22,615 (60 months)
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Mahindra Thar ROXX EMI by Loan Tenure

For a Rs. 10,97,131 loan on the MX1 RWD petrol at 10.5%.

Tenure EMI Total Interest Total Payable
36 months Rs. 35,659 Rs. 1,86,593 Rs. 12,83,724
48 months Rs. 28,090 Rs. 2,51,189 Rs. 13,48,320
60 months Rs. 23,582 Rs. 3,17,789 Rs. 14,14,920
84 months Rs. 18,498 Rs. 4,56,701 Rs. 15,53,832
Mahindra Thar ROXX
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Mahindra Thar ROXX
4.3 42 user reviews
Starts at ₹ 12.52 Lakh
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Mahindra Thar ROXX Variant-wise EMI & Down Payment

Thar ROXX Variants Fuel/Transmission Ex-showroom Loan @10.5% Down Payment EMI (60 months)
MX1 RWD Petrol / Manual Rs. 12,52,000 Rs. 10,97,131 Rs. 4,36,892 Rs. 23,582
MX1 RWD Diesel Diesel / Manual Rs. 14,23,000 Rs. 12,47,723 Rs. 5,38,110 Rs. 26,818
MX3 RWD AT Petrol / Automatic Rs. 15,39,000 Rs. 13,49,879 Rs. 5,21,182 Rs. 29,014
MX3 RWD Diesel Diesel / Manual Rs. 16,39,000 Rs. 14,37,944 Rs. 6,04,738 Rs. 30,907
MX5 RWD Petrol / Manual Rs. 16,64,000 Rs. 14,59,961 Rs. 5,46,670 Rs. 31,380
MX5 RWD Diesel Diesel / Manual Rs. 17,07,000 Rs. 14,97,829 Rs. 6,19,435 Rs. 32,194
AX3L RWD Diesel Diesel / Manual Rs. 17,40,000 Rs. 15,26,891 Rs. 6,29,631 Rs. 32,819
MX3 RWD Diesel AT Diesel / Automatic Rs. 17,94,000 Rs. 15,74,446 Rs. 6,53,188 Rs. 33,841
Star Edition Diesel Diesel / Manual Rs. 17,97,000 Rs. 15,77,088 Rs. 6,28,997 Rs. 33,898
MX5 RWD AT Petrol / Automatic Rs. 18,15,000 Rs. 15,92,940 Rs. 5,89,424 Rs. 34,238
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EMI of Mahindra Thar ROXX Rivals – Harrier, Innova Crysta

Mahindra Thar ROXX EMI – Frequently Asked Questions

What is the starting EMI of the Mahindra Thar ROXX?

The Mahindra Thar ROXX EMI starts at ₹23,582 per month for the MX1 RWD petrol on a ₹10.97 Lakh loan at 10.5% for 60 months. Its on-road price in Delhi is ₹15.34 Lakh.

What is the minimum down payment for the Mahindra Thar ROXX?

About ₹4.37 Lakh for the MX1 RWD petrol in Delhi: the on-road price of ₹15.34 Lakh minus a ₹10.97 Lakh loan.

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

On a ₹10.97 Lakh loan at 10.5% for 60 months you pay ₹3.18 Lakh in interest, or ₹14.15 Lakh in total.

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

For a ₹10.97 Lakh loan at 10.5%, the EMI is ₹35,659 per month over 3 years (₹1.87 Lakh interest) and ₹18,498 per month over 7 years (₹4.57 Lakh interest).

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

Of the banks listed on this page, Bank of Baroda starts lowest at 8.7%, which makes the EMI ₹22,615 per month on a ₹10.97 Lakh loan for 60 months.

What is the EMI of the Mahindra Thar ROXX diesel automatic?

The MX3 RWD Diesel AT, the most affordable diesel automatic, costs ₹33,841 per month on a ₹15.74 Lakh loan at 10.5% for 60 months.

What is the EMI of the top Mahindra Thar ROXX variant?

The AX7L 4WD Diesel AT costs ₹44,413 per month on a ₹20.66 Lakh loan at 10.5% for 60 months.

How is the Mahindra Thar ROXX 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 Thar ROXX
Mahindra Thar ROXX
4.3 42 user reviews
Starts at Rs. 12.52 Lakh
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