ON-ROAD PRICE
Popular mid variant, metro city
₹14.5L
TYPICAL DOWN PAYMENT
20% of on-road price
₹2,90,000
ESTIMATED EMI
9% p.a. for 5 years
₹24,080/mo

Compare two loan options side by side

Inactive
100,00020,000,000
120
130
Interest20%
Principal
Interest
Monthly EMI
₹24,080
Principal Amount
₹11,60,000
Total Interest
+ ₹2,84,782
Calculations are illustrative. Actual EMI may vary based on bank terms.
Mahindra Thar Price & Loan Snapshot
Body TypeOff-Roader SUV
Fuel TypesPetrol, Diesel
Ex-Showroom Price Range₹10.0L - ₹17.0L
On-Road Price (Mid Variant)₹14.5L
Typical Down Payment (20%)₹2,90,000
Typical Loan Amount₹11,60,000
Estimated EMI (5 yrs @ 9%)₹24,080/month
Frequently Asked Questions

The Mahindra Thar (Off-Roader SUV) has an approximate ex-showroom price range of ₹10.0L to ₹17.0L. The on-road price for a popular mid variant in a metro city is approximately ₹14.5L, including RTO and insurance. On-road prices vary by city, variant, fuel type, and ongoing offers, and shift with every model-year update. Figures here are approximate for a Delhi metro mid variant, last checked in July 2026 — always confirm the current on-road price from the dealer or brand website before applying for a loan.

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Or use the general Car Loan EMI Calculator for any car and bank rate →

Nitin Kaushik
Founder & Editor-in-Chief, Fincado
Reviewed

Nitin researches and writes all financial guides on Fincado, cross-checking figures against RBI circulars, official bank disclosures, and the Income Tax Act. Content on this site is independent analysis — not personalized financial advice.

Last Reviewed

Sept 2026

Method

Source cross-check and periodic QA

Risk Notice

Actual outcomes can vary by borrower profile, bank policy, market conditions, and future rule changes. Validate important decisions with a certified professional.

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