What is the interest rate for a MG M9 EV loan?

Interest rates vary between 8.5% and 24%, depending on the bank, loan amount, and applicant profile.

What is the minimum down payment required for MG M9 EV?

The down payment amount starts from ₹6.99 lakh and can go up to ₹69.90 Lakh, depending on the loan terms.

Can I get a zero down payment loan for MG M9 EV?

Some banks offer 100% financing, but eligibility depends on your credit score and bank policies.

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MG M9 EV EMI Calculator

Down Payment

₹6,99,000

Bank Interest Rate

8.5%

Loan Period (Months)

Graph

Schedule

Principle Amount

₹62.91 lakh

Interest Amount

₹0

Total Amount Payable₹0

MG M9 EV Loan EMI Calculator

MG M9 EV EMI starts at just ₹ 1.29 lakh per month, based on an interest rate of 8.5%, 5 year loan tenure, and a down payment of ₹ 6.99 lakh. MG M9 EV is priced between ₹ 69.90 Lakh to ₹ 69.90 Lakh (ex-showroom). Use CarBike360’s EMI calculator to get a detailed EMI breakup, including interest and other applicable charges.