The Mahindra Scorpio Classic is one of the most loved SUVs in India.
Known for its muscular design, strong build, and powerful performance, it continues to be a favorite among buyers.
If you are planning to buy this SUV, here are the finance details to help you understand the monthly E.M.I when you pay a down payment of ₹4lakh.
Key Features of Scorpio Classic
Dimensions: 4456 mm length, 1820 mm width, 1995 mm height
Ground clearance: 209 mm (suitable for rough roads)
Engine: 2184 cc, 4-cylinder, producing 130bhp power and 300Nm torque
Mileage: 14.44 kmpl
Fuel tank: 60 liters
Boot space: 460 liters
Price and On-Road Cost
The Scorpio Classic is available in 4 variants, priced between ₹12.98 lakh and ₹16.70 lakh (ex-showroom).
It comes only with a diesel engine.
For example, the base variant Scorpio S has an ex-showroom price of ₹12,97,701 in New Delhi.
- Road tax(R.T.O): ₹1,62,212
- Insurance: ₹79,265
- Other charges: ₹12,977
On-road price = ₹15,52,155
Finance and EMI Details
If you pay a down payment of ₹4,00,000, the loan amount will be ₹11,52,155.
- Loan tenure: 7 years
- Interest rate: 10%
- Monthly E.M.I: ₹19,127
Over 7 years, you will pay ₹4,54,525 as interest. This makes the total cost of the car = ₹20,06,680.
Important Note
Your EMI depends on the loan amount, tenure, and interest rate.
A higher down payment reduces the EMI, while changing the loan period also changes the monthly installment.
