Piaggio and SBI Signed an MoU to Offer Intrest Free Auto Loans in UP
Piaggio and SBI will finance three-wheelers in UP at 0% interest under CM Yuva Yojana. Here's the real math, who qualifies, and how to apply first.
Finance
Mahindra Furio 8 EMI Calculator
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Mahindra Furio 8 (₹16,72,000)
Credit Score EstimatorAuto-adjusts interest rate
Down PaymentLoanInterest
Monthly EMI
₹24,868
Down Payment₹5,01,600
Loan Principal₹11,70,400
Total Interest₹3,21,680
Total Cost₹19,93,680
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₹1,00,000₹16,72,000
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₹0₹15,72,000
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1 Year7 Years
Down Payment Insight
Increase down payment by ₹50,000 → EMI drops by ₹1,062 and you save ₹63,720 in total interest.
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Recommended: 5 Years
Balances affordable EMI (₹24,868) with lowest total interest.
Lender Comparison— ₹11,70,400 · 5 yr · 10% base
| Bank / NBFC | Rate | Proc. Fee | EMI |
|---|---|---|---|
BESTMahindra Finance | 8.5% | ₹2,999 | ₹24,013 |
SBI | 8.75% | ₹0 | ₹24,154 |
ICICI Bank | 9.1% | ₹3,999 | ₹24,353 |
HDFC Bank | 9.25% | ₹3,500 | ₹24,438 |
Axis Bank | 9.5% | ₹3,500 | ₹24,581 |
* 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.
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Mahindra Furio 8 Price FAQs
What is the estimated Mahindra Furio 8 price in India?
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The estimated Mahindra Furio 8 price in India (ex-showroom) typically starts from around ₹15.50 Lakhs to ₹16.50 Lakhs, depending on the variant and load body specifications. The final on-road price will vary based on registration, taxes, and insurance in your specific state and city.
What is the ex-showroom price of Mahindra Furio 8 in Delhi?
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The ex-showroom price of Mahindra Furio 8 in Delhi typically ranges from approximately ₹15.60 Lakhs to ₹16.60 Lakhs for various load body options. The final on-road price in Delhi will additionally include RTO charges, insurance premiums, and other applicable state-specific taxes.
How much does the Mahindra Furio 8 cost in Mumbai?
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The Mahindra Furio 8 cost in Mumbai (ex-showroom) can be estimated between ₹15.70 Lakhs and ₹16.70 Lakhs, reflecting the different variants available. On-road prices in Mumbai will be higher due to Maharashtra state-specific taxes, registration, and insurance costs.
Are there different Mahindra Furio 8 variants and prices?
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Yes, there are different Mahindra Furio 8 variants and prices primarily based on the load body length (e.g., 14ft, 17ft) and wheelbase options, as well as specific cabin configurations. Each variant has a slightly different ex-showroom price, which impacts the final on-road cost.
What factors influence the on-road price of Mahindra Furio 8?
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The on-road price of Mahindra Furio 8 is primarily influenced by its ex-showroom price, RTO registration charges, road tax, comprehensive insurance costs, and any optional accessories or extended warranties. These charges vary significantly by state and city across India.
Is financing available for the Mahindra Furio 8 truck?
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Yes, financing is readily available for the Mahindra Furio 8 truck through various reputable banks and financial institutions, including Mahindra Finance. Buyers can opt for flexible EMI schemes and competitive loan options to suit their budget and operational needs.
What is the approximate EMI for the Furio 8?
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The approximate EMI for the Furio 8 depends on the loan amount, prevailing interest rate, and chosen tenure, but can start from around ₹25,000 to ₹30,000 per month for a typical 5-year loan. It's best to consult authorized dealers or financial advisors for precise figures tailored to your eligibility.
Does the Mahindra Furio 8 price include GST?
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Yes, the Mahindra Furio 8 ex-showroom price typically includes GST, as per government regulations. However, the overall on-road price will factor in additional taxes and charges specific to your state and city, which are calculated over and above the ex-showroom figure.
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Mahindra Furio 8 EMI
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