Mahindra e-Alfa Super thumbnail

Mahindra e-Alfa Super

Ex-Showroom Price

₹1.78L

Key Specifications

GVW

0 kg

Power

2 hp

Mahindra e-Alfa Super EMI Calculator

Select Variant
Mahindra e-Alfa Super (₹1,78,000)
Credit Score EstimatorAuto-adjusts interest rate
Interest16%of total cost
Down PaymentLoanInterest

Monthly EMI

₹2,648

Down Payment53,400
Loan Principal1,24,600
Total Interest34,280
Total Cost2,12,280
Share Your EMI
₹1,00,000₹1,78,000
₹0₹78,000
%
7%25%
Yr
1 Year7 Years
💡 Down Payment Insight
Increase down payment by ₹50,000 EMI drops by 523 and you save 31,380 in total interest.
Recommended: 5 Years
Balances affordable EMI (₹2,648) with lowest total interest.

Lender Comparison— ₹1,24,600 · 5 yr · 10% base

Bank / NBFCRateProc. FeeEMI
BESTMahindra Finance
8.5%₹2,9992,557
SBI
8.75%₹02,572
ICICI Bank
9.1%₹3,9992,593
HDFC Bank
9.25%₹3,5002,602
Axis Bank
9.5%₹3,5002,617

* 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.

Mahindra e-Alfa Super Price FAQs

What is the estimated on-road price of the Mahindra E Alfa Super in India?

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The on-road price for the Mahindra E Alfa Super typically ranges from INR 1.50 Lakhs to INR 1.60 Lakhs, varying by state and subsidies.

Are there different variants or configurations available for the E Alfa Super?

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Currently, the E Alfa Super primarily comes in a single standard cargo variant, focusing on its core utility as an electric three-wheeler.

What are the typical EMI options and finance schemes available for purchasing the E Alfa Super?

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Various banks and financial institutions offer attractive EMI schemes with flexible tenure, making ownership affordable for small business owners and entrepreneurs.

Does the Mahindra E Alfa Super qualify for any government subsidies or incentives?

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Yes, it often qualifies for FAME II subsidies and state-level EV incentives, significantly reducing the effective purchase price for eligible buyers.

What can one expect regarding the resale value of the Mahindra E Alfa Super?

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Being an electric vehicle, its resale value is emerging. Low running costs and increasing demand for EVs suggest a potentially good resale market in the future.

Mahindra e-Alfa Super Brochure

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Mahindra e-Alfa Super EMI

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