Mahindra Thar Roxx: This car is one of the favourite cars of the people of India. This 5-door model of Thar was launched in the market in August 2024. Since then, the car has been included in people’s favourite list. The ex-showroom price of the Mahindra Thar Roxx starts at Rs 12.99 lakh and goes up to Rs 23.09 lakh. You can also buy this car on EMI from Mahindra.
EMI process for Thar Roxx
The cheapest model of the Mahindra Thar Roxx is the MX1 RWD petrol variant. The on-road price of this vehicle is Rs 15.20 lakh. To buy this car, you have to take a loan of Rs 13.68 lakh. The amount of the loan depends on your credit score. If your credit score is better, you can get a maximum amount of credit. The bank charges interest on this loan, according to which a certain amount has to be deposited with the bank as EMI every month.
- To buy this variant of Mahindra Thar Roxx, you have to deposit Rs 1.52 lakh as down payment.
- If you take a four-year loan to buy this Mahindra car and the bank charges 9 percent interest on this loan, then every month you have to deposit an installment of about Rs 34 thousand in the bank.
- If a five-year loan is taken to buy Mahindra Thar Roxx, an installment of Rs 28,400 will be collected every month with an interest of 9 per cent.
- To take a six-year loan to buy this variant of Thar Roxx, you have to deposit Rs 24,700 as EMI in the bank every month.
- If you take a loan for seven years for this car from Mahindra, you will have to pay an installment of about Rs 22 thousand every month with 9 percent interest.
The amount of EMI when taking a loan for Thar Roxx can vary according to the different policies of the banks. It is important to read all the documents carefully while taking a car loan.