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?
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
- Check Your Credit Score: A good credit score can help you secure a lower interest rate, reducing your EMI.
- Explore Dealership Offers: Many Mahindra dealerships offer exchange bonuses, cash discounts, or festive offers that can bring down the total cost.
- Compare Insurance Plans: Get quotes from multiple providers to choose the most economical and comprehensive insurance plan.
- 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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Utkarsh works as a Sub-Editor at 1Tak News. Technology and gadgets are his main beats, and he also tracks automobiles. A graduate of Mahatma Gandhi Kashi Vidyapeeth, he began his journalism career in 2023 and has built experience across digital media platforms like 1Tak. Besides technology, he also has considerable experience covering national affairs, politics, research, and international news.
