E-Maggic Plus thumbnail

E-Maggic Plus

Ex-Showroom Price

₹3.45L

Key Specifications

GVW

380 kg

Power

2 hp

E-Maggic Plus EMI Calculator

Select Variant
E-Maggic Plus (₹3,45,000)
Credit Score EstimatorAuto-adjusts interest rate
Interest16%of total cost
Down PaymentLoanInterest

Monthly EMI

₹5,132

Down Payment1,03,500
Loan Principal2,41,500
Total Interest66,420
Total Cost4,11,420
Share Your EMI
₹1,00,000₹3,45,000
₹0₹2,45,000
%
7%25%
Yr
1 Year7 Years
💡 Down Payment Insight
Increase down payment by ₹50,000 EMI drops by 1,063 and you save 63,780 in total interest.
Recommended: 5 Years
Balances affordable EMI (₹5,132) with lowest total interest.

Lender Comparison— ₹2,41,500 · 5 yr · 10% base

Bank / NBFCRateProc. FeeEMI
BESTMahindra Finance
8.5%₹2,9994,955
SBI
8.75%₹04,984
ICICI Bank
9.1%₹3,9995,025
HDFC Bank
9.25%₹3,5005,043
Axis Bank
9.5%₹3,5005,072

* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.

  • Processing fee and other loan charges are not included in this calculation.
  • The calculated EMI assumes 10% interest rate. Actual rate may vary based on your credit profile and lender.
  • Loan approval is at the sole discretion of the finance partner.

E-Maggic Plus Price FAQs

What is the on-road price of the E Maggic Plus in India?

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The on-road price varies by state and variant, typically ranging from INR 4.5 lakhs to INR 5.5 lakhs, including taxes and registration charges.

Are there different variants available for the E Maggic Plus?

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Yes, it usually comes in a standard deck variant, and sometimes with different fuel options like CNG, offering flexibility to meet diverse buyer needs and budgets.

What are the typical EMI options available for purchasing an E Maggic Plus?

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EMI options depend on down payment and loan tenure. Monthly installments can start from INR 8,000 to INR 12,000, subject to bank approvals and prevailing interest rates.

How is the resale value of the E Maggic Plus in the used vehicle market?

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The E Maggic Plus generally holds a good resale value due to its popularity, low running costs, and consistent demand in the commercial vehicle segment across India.

What factors influence the final on-road price of the E Maggic Plus?

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The final price is affected by ex-showroom price, RTO charges, insurance costs, and any optional accessories or schemes available at the dealership at the time of purchase.

E-Maggic Plus Brochure

Download for detailed specs, features & prices.

E-Maggic Plus EMI

Your estimated monthly EMI