Question 1

How much is the EMI for Mahindra Alfa Passenger DX?

Accepted Answer

Mahindra Alfa Passenger DX EMI depends upon various factors like three wheeler loan amount, loan tenure and the interest rate charged by various lenders. Althought it starts from ₹ 5.86 Thousand with the down payment of ₹ 28.90 Thousand at the interest rate of 10% for 5 year (varies from bank to bank).

Question 2

How much is the interest rate for Mahindra Alfa Passenger DX loan?

Accepted Answer

It Depends upon bank to bank and other lending institutions. Otherwise Banks’ interest rates start from 7.50% and goes up to 24% per annum.

Question 3

What will be the lowest down payment for Mahindra Alfa Passenger DX?

Accepted Answer

Mahindra Alfa Passenger DX Minimum down payment starts from ₹ 28.90 Thousand. Lenders typically finance 90% of the ex-showroom price whereas some customers are eligible for 100% funding.

Question 4

How much is the EMI for Mahindra Alfa Passenger DX at a Rs.10% of the Ex-showroom Price down payment of 15% for 60 months?

Accepted Answer

You will have to pay ₹ 28.90 Thousand as a down payment for the amount Rs.10% of Ex-showroom Price @15% for 60 months, the monthly EMI will be ₹ 5.86 Thousand.

Question 5

What documents are required for Mahindra Alfa Passenger DX three wheeler loan.

Accepted Answer

Following documents are required for Mahindra Alfa Passenger DX loan :

Identity Proof
Address Proof
Income Proof
Bank Statements
Vehicle Details
Business Proof
Photographs

Question 6

What is the price of Mahindra Alfa Passenger DX in 2025?

Accepted Answer

The 2025 price for the Mahindra Alfa Passenger DX starts from ₹ 2.89 Lakhs Onwards . Although it can vary slightly from state to state and city to city.

Question 7

How to calculate EMI for Mahindra Alfa Passenger DX?

Accepted Answer

To calculate the Equated Monthly Installment (EMI) for a Mahindra Alfa Passenger DX, you'll need to consider the loan amount, interest rate, and loan tenure.

Formula for Mahindra Alfa Passenger DX EMI Calculation: The formula for calculating EMI is as follows:

EMI = [P x R x (1+R)^N] / [(1+R)^N-1]

EMI: Equated Monthly Installment

P: Principal loan amount (the loan amount)

R: Monthly interest rate (annual rate divided by 12 and expressed as a decimal)

N: Loan tenure in months

Question 8

Where can I buy Mahindra Alfa Passenger DX on EMI?

Accepted Answer

CMV360 assists you in locating the closest dealerships on Mahindra Alfa Passenger DX where you can avail of excellent deals and purchase the Mahindra Alfa Passenger DX with the most affordable monthly EMI.

Question 9

What is Mahindra Alfa Passenger DX EMI offer?

Accepted Answer

Mahindra is here to redefine affordability with our exclusive EMI offer for the mighty Mahindra Alfa Passenger DX. Get ready to own the road with this unbeatable deal! Don't miss out on this incredible opportunity.

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