Planning to Buy a Mahindra Scorpio? Here’s the Full EMI and Down Payment Breakdown

Mahindra & Mahindra has long ruled Indian roads with its rugged and reliable SUVs, and the Mahindra Scorpio continues to be a crowd favorite. If buying this powerful SUV is on your wishlist, understanding its price, down payment, and EMI details can help you plan better. Here’s a simple breakdown of what owning a Mahindra Scorpio will actually cost you.

Mahindra Scorpio Price in India

The Mahindra Scorpio is priced competitively in the SUV segment. The base variant starts at ₹12.97 lakh (ex-showroom), while the top-end variant goes up to ₹16.70 lakh (ex-showroom).

If you opt for the base model in Delhi, additional charges include around ₹1.71 lakh for registration and ₹62,000 for insurance. After adding other minor costs, the on-road price comes to approximately ₹15.44 lakh.

Minimum Down Payment Required

Planning to buy the Scorpio on EMI? You’ll need to make a minimum down payment of around ₹3 lakh for the base variant. After this, the remaining ₹12.44 lakh can be financed through a bank loan.

Monthly EMI and Loan Details

If you take a loan of ₹12.44 lakh for a tenure of 7 years at an interest rate of 9%, your monthly EMI will be about ₹20,015.

Over the full loan period, you’ll repay a total of ₹16.81 lakh to the bank. Out of this amount, ₹4.37 lakh will be paid as interest, while the rest goes toward the principal.

With a reasonable down payment and manageable EMI, the Mahindra Scorpio remains an attractive option for SUV lovers who want power, presence, and performance. If you’re budgeting smartly, this iconic SUV can comfortably fit into your long-term financial plan.