MG Hector Plus Car EMI calculator

Option 1) Select your desired bank to see the interest amount you have to pay during the entire loan period and to see the emi chart for various periods against MG Hector Plus Car Loan.
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on MG Hector Plus car.
Option 3) Enter the desired amount and desired interest rate of MG Hector Plus Car to know the emi and finance option.

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EMI in Advance EMI in Arrears

To get finance for MG Hector Plus Click Here

Ex-showroom Price of MG Hector Plus : ₹ 22,42,800
Loan Amount : ₹ 19,06,380
Down Payment : ₹ 3,36,420

Document Charges : Rs.250
Processing Fee : ₹ 9,532
MonthsEMIChart
12₹ 1,65,623View Chart
24₹ 86,604View Chart
36₹ 60,337View Chart
48₹ 47,259View Chart
60₹ 39,456View Chart
72₹ 34,290View Chart
84₹ 30,631View Chart
Total Interest Amount is ₹ 81,094 for the loan amount of ₹ 19,06,380
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Dec-2024₹ 1,65,623₹ 13,346₹ 1,52,277₹ 15,88,480
2Jan-2025₹ 1,65,623₹ 12,178₹ 1,53,445₹ 14,35,035
3Feb-2025₹ 1,65,623₹ 11,002₹ 1,54,621₹ 12,80,414
4Mar-2025₹ 1,65,623₹ 9,817₹ 1,55,806₹ 11,24,608
5Apr-2025₹ 1,65,623₹ 8,622₹ 1,57,001₹ 9,67,607
6May-2025₹ 1,65,623₹ 7,418₹ 1,58,205₹ 8,09,402
7Jun-2025₹ 1,65,623₹ 6,205₹ 1,59,418₹ 6,49,984
8Jul-2025₹ 1,65,623₹ 4,983₹ 1,60,640₹ 4,89,344
9Aug-2025₹ 1,65,623₹ 3,752₹ 1,61,871₹ 3,27,473
10Sep-2025₹ 1,65,623₹ 2,511₹ 1,63,112₹ 1,64,361
11Oct-2025₹ 1,65,623₹ 1,260₹ 1,64,3630
EMI in Advance EMI in Arrears
EMI in Advance EMI in Arrears

* Usually the margin on car loans would 15% to 25% which means banks will offer loan only up to 75% to 85% of ex-showroom price of the car. For calculation purpose we have considered the margin as 15%. Do note that loan will be offered only on ex-showroom price of the vehicle not on the on-road price (insurance, road tax, accessories, handling, extended warranty and other misc charged have to be taken care by the customer)

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