PMV EaS E EMI Calculator


Updated on October 2026
PMV EaS E EMI starts at ₹8,971 per month for the Electric electric(battery) (₹4.79 Lakh ex-showroom, ₹5.07 Lakh on-road Delhi), on a ₹4.17 Lakh loan at 10.5% for 60 months. Down payment: ₹89,275. Total interest: ₹1.21 Lakh.
Also see: EaS E On-road price | EaS E Variants | EaS E Mileage

PMV EaS E Electric EMI & Down Payment

Ex-showroom
: Rs. 4,79,000
On-road price
: Rs. 5,06,659  (Delhi)
Loan amount
: Rs. 4,17,384  (On-road - Down payment)
Down payment
: Rs. 89,275  (On-road - Loan amount)
Monthly EMI
: Rs. 8,971  (For Tenure of 60 months @ 10.5%; banks start from 8.7%)
Insurance
: Rs. 23,059
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PMV EaS E Car Loan EMI Calculator

On-road price (Delhi)
Rs. 5,06,659
Down payment
Rs. 89,275
Loan amount
Rs. 4,17,384
Interest rate
10.5%
Tenure
60 months
Monthly EMI
Rs. 8,971
Total interest
Rs. 1,20,876
Total payable
Rs. 5,38,260
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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PMV EaS E Car Loan Interest Rates – Bank Comparison

Lending Partners Interest Rate EMI Starting From (60 Months)
Loans From HDFC BankHDFC Bank 8.85% onwards Rs. 8,634 (60 months)
Loans From ICICI BankICICI Bank 9% onwards Rs. 8,664 (60 months)
Loans From Axis BankAxis Bank 9.15% onwards Rs. 8,695 (60 months)
Loans From Bank of Baroda BankBank of Baroda 8.7% onwards Rs. 8,604 (60 months)
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PMV EaS E EMI by Loan Tenure

For a Rs. 4,17,384 loan on the Electric electric(battery) at 10.5%.

Tenure EMI Total Interest Total Payable
36 months Rs. 13,566 Rs. 70,992 Rs. 4,88,376
48 months Rs. 10,686 Rs. 95,544 Rs. 5,12,928
60 months Rs. 8,971 Rs. 1,20,876 Rs. 5,38,260
84 months Rs. 7,037 Rs. 1,73,724 Rs. 5,91,108
PMV EaS E
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PMV EaS E
4.7 4 user reviews
Starts at ₹ 4.79 Lakh
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PMV EaS E EMI – Frequently Asked Questions

What is the starting EMI of the PMV EaS E?

The PMV EaS E EMI starts at ₹8,971 per month for the Electric electric(battery) on a ₹4.17 Lakh loan at 10.5% for 60 months. Its on-road price in Delhi is ₹5.07 Lakh.

What is the minimum down payment for the PMV EaS E?

About ₹89,275 for the Electric electric(battery) in Delhi: the on-road price of ₹5.07 Lakh minus a ₹4.17 Lakh loan.

How much total interest will I pay on a PMV EaS E loan?

On a ₹4.17 Lakh loan at 10.5% for 60 months you pay ₹1.21 Lakh in interest, or ₹5.38 Lakh in total.

What is the PMV EaS E EMI for a 3-year versus a 7-year tenure?

For a ₹4.17 Lakh loan at 10.5%, the EMI is ₹13,566 per month over 3 years (₹70,992 interest) and ₹7,037 per month over 7 years (₹1.74 Lakh interest).

Which bank has the lowest interest rate for a PMV EaS E loan?

Of the banks listed on this page, Bank of Baroda starts lowest at 8.7%, which makes the EMI ₹8,604 per month on a ₹4.17 Lakh loan for 60 months.

How is the PMV EaS E 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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PMV EaS E
PMV EaS E
4.7 4 user reviews
Starts at Rs. 4.79 Lakh
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PMV EaS E 2026 Brochure

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