Mahindra, a big name in the car world in India, offers vehicles in lots of segments. The Mahindra BE6 is one such vehicle for sale. If you're considering getting it, and you put down ₹3 lakh, what would your monthly payments be?

Well, the base version of the BE6 costs ₹18.90 lakh ex-showroom. In Delhi, the on-road price comes out to roughly ₹20.02 lakh. That total includes the ₹18.90 lakh ex-showroom cost, ₹4,000 for RTO, and ₹88,000 for insurance, plus around ₹19,000 for TCS.

For the base model, the car company sells it to the bank for financing after your ₹3 lakh down payment. This leaves the bank to cover ₹17.02 lakh. Over seven years at 9% interest, your monthly EMI would be approximately ₹27,386 for the next seven years.

If you take a car loan from a bank for ₹17.02 lakh for seven years at a nine percent interest rate, you'll have to pay an EMI of ₹27,386 for seven years. In this case, you'll pay approximately ₹5.98 lakh in interest over seven years for the Mahindra BE6. After that, the total cost of the car, including ex-showroom, on-road, and interest, will be approximately ₹26 lakh.

The Mahindra BE6 faces competition from several SUVs in the market, but it competes directly with electric SUVs like the Tata Curvv EV, MG Windsor EV, Hyundai Creta Electric, and Vinfast VF6.