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MG M9 Car EMI Calculator

MG M9 EMI starts at just ₹1,59,604 per month over a 60 month tenure at 10.5% interest, with a ₹8,25,059 down payment on a loan amount of ₹74,25,533 and an on-road price of ₹82,50,592. Use the MG M9 EMI Calculator to plan your car loan instantly and adjust the tenure, interest rate, or down payment below to find a monthly EMI plan that fits your budget.

Key M9 Loan Details:

  • Interest Rate: Typically ranges from 8.5% to 12% per annum based on the lender.
  • Minimum Down Payment: Usually around 10% to 20% of the on-road price, depending on the lender and scheme.
  • Loan Tenure: Flexible options from 12 to 84 months.
  • EMI Starts From: As low as ₹1,59,604 per month on a 60-month tenure at 10.5% interest.

The top variant M9 Couture Edition with a loan amount of ₹78,88,477 starts at an EMI of ₹1,69,554 per month, while the base variant M9 Presidential Limo at ₹74,25,533 begins at just ₹1,59,604 per month. Both are calculated at 10.5% interest over 60 months. Check the table below to compare all variants and find the one that suits your budget.

Calculate MG M9 Car Loan EMI

₹79,95,000
Down Payment₹8,49,400
₹0₹84,94,000
Interest Rate10.5%
8%22%
Loan Period ( Months )60
Payable Amount in 60 months₹98,58,720
Loan Amount₹76,44,60090.0 % of on-road price
Total Interest₹22,14,120@ 10.5% p.a.
Principal  77.5%Interest  22.5%
EMIPer Month
₹1,64,312Calculated On On-Road Price

Disclaimer : All information, including prices, specifications, and EMI calculations on CarJunction, is provided for general guidance only. Values are estimates and may vary based on location, lender terms, credit approval, and additional charges. CarJunction does not guarantee accuracy and is not responsible for any decisions or losses based on this information; users should verify details with dealers or financial institutions.

MG M9 EMI Schedule

Loan of ₹74,25,533 @ 10.5%

TenureEMIInterestTotal
24 mo₹3,44,367₹8,39,275₹82,64,808
36 mo₹2,41,348₹12,62,995₹86,88,528
48 mo₹1,90,119₹17,00,179₹91,25,712
60 mo₹1,59,604₹21,50,707₹95,76,240
72 mo₹1,39,444₹26,14,435₹1,00,39,968
84 mo₹1,25,199₹30,91,183₹1,05,16,716

Tenure in months. Rates indicative.

MG M9

MG M9Presidential Limo

Ex-Showroom Price
₹ 79.95 Lakh*

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FAQs On MG M9 EMI Calculator

Find answers to common questions about this model and buying process.

The monthly EMI for the MG M9 starts from Rs. 1,69,554. It depends on loan amount, tenure, and interest rate.

The minimum down payment for the MG M9 usually starts from Rs. ₹ 8,76,498.

Interest rates for MG M9 car loans usually start from @10.5%, depending on the lender and credit profile.

The EMI for a 5-year tenure starts from Rs. 1,69,554. It varies based on loan amount and interest rate.

You can reduce EMI by increasing tenure, paying a higher down payment, or choosing a lower interest rate.

The MG M9 is available in 2 variants, including Presidential Limo.

The MG M9 is a good option for city use with high ground clearance, safety features, and compact design.

You can get a loan with a low credit score, but interest rates may be higher and approval depends on the lender.

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