Mahindra Scorpio N EMI Plan: ₹5 Lakh Down Payment & On-Road Price

Mahindra Scorpio N
Mahindra Scorpio N: Full EMI, Loan & On-Road Price Details.

If you’re looking for a powerful, stylish, and reliable SUV, the Mahindra Scorpio N could be an excellent choice. This SUV has gained immense popularity in the Indian market, with its demand steadily rising. If you have a down payment of ₹5 lakh, you can bring home this SUV through affordable monthly EMIs. In this article, we provide detailed information on the on-road price of the Scorpio N base variant, loan calculations, EMI, and key features — helping you make an informed and confident buying decision.

On-Road Price of Mahindra Scorpio N in New Delhi

According to Mahindra’s official website, the base variant of the Mahindra Scorpio N — Z2 E (Petrol) — is currently priced at ₹13.99 lakh (ex-showroom). In New Delhi, after including registration, insurance, and other charges, the on-road price is as follows:

  • Ex-showroom price: ₹13.99 lakh
  • RTO charges: ₹1.79 lakh
  • Insurance: ₹64,000
  • Other charges (FASTag, road tax, etc.): ₹14,000
  • Total on-road price (New Delhi): ₹16.61 lakh

Note: This price may vary slightly depending on the dealership, local taxes, and offers. For accurate pricing, please contact your nearest Mahindra dealer.

Loan and EMI Calculation for ₹5 Lakh Down Payment

If you make a down payment of ₹5 lakh, the remaining amount will need to be financed through a car loan. Based on the on-road price in New Delhi, here’s a breakdown of the loan and EMI:

  • Loan amount: ₹16.61 lakh – ₹5 lakh = ₹11.61 lakh
  • Estimated interest rate: 9% per annum
  • Loan tenure: 5 years (60 months)

Based on these figures, your estimated monthly EMI would be around ₹24,150. This EMI may vary slightly depending on your credit score, bank offers, and final interest rate.

Key Features of Mahindra Scorpio N Base Variant

The base variant of the Mahindra Scorpio N (Z2 E) is not only affordable but also offers a fine combination of modern technology and essential safety features:

  • Engine: 2.0-litre mStallion turbo-petrol engine (200 hp, 370 Nm torque)
  • Transmission: 6-speed manual gearbox
  • Seating configuration: 6 or 7-seater options
  • Safety features: Dual front airbags, rear parking sensors, ABS, EBD
  • Technology: 8-inch touchscreen infotainment system, connected car tech, Android Auto and Apple CarPlay support
  • Other features: Power windows, multi-function steering wheel, remote central locking

Its commanding road presence, excellent driving dynamics, and off-road capability make it an ideal SUV for long journeys and adventurous drives.

Is Buying Mahindra Scorpio N on EMI a Good Decision?

Mahindra Scorpio N
Mahindra Scorpio N

If you’re searching for a premium SUV in the mid-budget segment and can afford a ₹5 lakh down payment, the Mahindra Scorpio N is a smart choice. With an EMI of approximately ₹24,150, it is a manageable option for middle and upper-middle-class buyers. Moreover, Mahindra vehicles generally offer strong resale value, making it financially beneficial in the long run.

Things to Consider Before You Buy

  1. Check Your Credit Score: A good credit score can help you secure a lower interest rate, reducing your EMI.
  2. Explore Dealership Offers: Many Mahindra dealerships offer exchange bonuses, cash discounts, or festive offers that can bring down the total cost.
  3. Compare Insurance Plans: Get quotes from multiple providers to choose the most economical and comprehensive insurance plan.
  4. Choose Loan Tenure Wisely: While longer tenures reduce EMI, they increase total interest. Select a tenure based on your financial capability.

Conclusion

With its bold design, robust performance, and modern features, the Mahindra Scorpio N stands out as a strong contender in the SUV segment. A ₹5 lakh down payment and approximately ₹24,150 monthly EMI make it an affordable and practical choice for middle-class and upper-middle-class families. However, before finalising your purchase, make sure to understand all aspects of the loan, interest rates, dealership offers, and hidden costs.

For more information or to book a test drive, contact your nearest Mahindra dealership.

Frequently Asked Questions

What is the on-road price of Mahindra Scorpio N in New Delhi in July 2025?

The on-road price of the Mahindra Scorpio N (Z2 E Petrol) in New Delhi as of July 2025 is approximately ₹16.61 lakh, including RTO, insurance, and other charges.

How much EMI will I pay for Scorpio N with a ₹5 lakh down payment?

With a ₹5 lakh down payment, the estimated EMI for the Mahindra Scorpio N is around ₹24,150 per month for a 5-year loan at 9% interest.

What is the loan amount required if I pay ₹5 lakh upfront for Scorpio N?

If you pay ₹5 lakh as a down payment, the loan amount required would be ₹11.61 lakh, based on the on-road price of ₹16.61 lakh in Delhi.

What are the key features of the Mahindra Scorpio N base variant?

Key features include a 2.0-litre turbo petrol engine, 6-speed manual gearbox, dual airbags, ABS, rear parking sensors, 8-inch touchscreen with Android Auto and Apple CarPlay.

Is Scorpio N a good SUV for EMI buyers in the mid-budget range?

Yes, Scorpio N is a strong option for EMI buyers, offering bold design, strong performance, and good resale value at a manageable EMI of ₹24,150.

What should I check before buying Scorpio N on EMI?

Before buying, check your credit score, compare insurance plans, explore dealership offers, and choose the loan tenure based on your financial comfort.

Note: Prices and offers may vary depending on local regulations, dealerships, and time. Please consult an authorised Mahindra dealer for precise details.

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