Ad

Ad

Mahindra Alfa Plus EMI Calculator

Mahindra Alfa Plusthree-wheelers

3.26 Lakh*

EMI Starts @ ₹5,269/month

Calculate your Loan EMI for Mahindra Alfa Plus

Mahindra
Alfa Plus

Ex-Showroom Price ₹3,26,000*

Calculate your Loan EMI for Mahindra Alfa Plus Change Model

Mahindra Alfa Plus EMI

EMI starting from

₹ 5,269 per month

₹ 0₹ 3,26,000

Principal Amount

₹ 2,93,400

Interest Amount

₹ 1,49,210

₹ 4,42,610

Down Payment

₹32,600

Bank Interest Rate

12.57%

Loan Period (Months)

84

12243648607284

*Processing fee and other loan charges are not included.

Disclaimer:- Applicable rate of interest can vary subject to credit profile. Loan approval is at the sole discretion of the finance partner.

Ad

Ad

Mahindra Alfa Plus Loan EMI Calculator

Mahindra Alfa Plus Loan EMI starts at ₹ 5269 per month with a down payment of ₹ 32,600 for 84 months tenure at the interest rate of 12.57% (depends upon the bank). You can choose the EMI options for the given loan amount on quarterly, half-yearly, and yearly basis. Note that each option will alter the amount of EMI payment.

Our CMV360 EMI Calculator tool helps you to break down the total payable amount and to find the best three wheeler finance options for your Alfa Plus. That will give you a detail insights of your purchase.

Mahindra Alfa Plus Down Payment and EMI

Brand Model LOAN @ RATE% DOWN PAYMENT EMI AMOUNT(84 MONTHS)
Mahindra Alfa Plus 12.57% ₹ 32,600 ₹ 5,269

Find EMI of Alfa Plus Alternatives

Bajaj Gogo P50

Bajaj Gogo P50

₹3.27 Lakh Ex-showroom price

Gogo P50 EMI

Alfa Plus v/s Gogo P50
Bajaj Gogo P70

Bajaj Gogo P70

₹3.83 Lakh Ex-showroom price

Gogo P70 EMI

Alfa Plus v/s Gogo P70
Bajaj Maxima XL Cargo E-Tec 12.0

Bajaj Maxima XL Cargo E-T...

₹3.77 Lakh Ex-showroom price

Maxima XL Cargo... EMI

Alfa Plus v/s Maxima XL C...
Piaggio Ape E City

Piaggio Ape E City

₹2.84 Lakh Ex-showroom price

Ape E City EMI

Alfa Plus v/s Ape E City
OSM Rage Plus

OSM Rage Plus

₹3.70 Lakh Ex-showroom price

Rage Plus EMI

Alfa Plus v/s Rage Plus
OSM Stream City

OSM Stream City

₹1.85 Lakh Ex-showroom price

Stream City EMI

Alfa Plus v/s Stream City

Popular Cargo 3 Wheelers

  • Bajaj Maxima XL Cargo E-Tec 12.0

    Bajaj Maxima XL Cargo E-T...

    ₹3.77 Lakh Ex-showroom price

    Maxima XL Cargo... EMI

  • OSM Rage Plus

    OSM Rage Plus

    ₹3.70 Lakh Ex-showroom price

    Rage Plus EMI

  • Piaggio Ape E Xtra

    Piaggio Ape E Xtra

    ₹3.12 Lakh Ex-showroom price

    Ape E Xtra EMI

  • Mahindra Zor Grand

    Mahindra Zor Grand

    ₹4.47 Lakh Ex-showroom price

    Zor Grand EMI

Bajaj Maxima XL Cargo E-Tec 12.0

Bajaj Maxima XL Cargo E-T...

₹3.77 Lakh Ex-showroom price

Maxima XL Cargo... EMI

OSM Rage Plus

OSM Rage Plus

₹3.70 Lakh Ex-showroom price

Rage Plus EMI

Piaggio Ape E Xtra

Piaggio Ape E Xtra

₹3.12 Lakh Ex-showroom price

Ape E Xtra EMI

Mahindra Zor Grand

Mahindra Zor Grand

₹4.47 Lakh Ex-showroom price

Zor Grand EMI

Greaves Eltra

Greaves Eltra

₹4.02 Lakh Ex-showroom price

Eltra EMI

Piaggio Ape E Xtra FX Max

Piaggio Ape E Xtra FX Max

₹3.43 Lakh Ex-showroom price

Ape E Xtra FX M... EMI

Popular Mahindra 3 Wheelers

  • Mahindra e-Alfa Plus

    Mahindra e-Alfa Plus

    ₹1.65 Lakh Ex-showroom price

    e-Alfa Plus EMI

  • Mahindra E Alfa Super

    Mahindra E Alfa Super

    ₹1.72 Lakh Ex-showroom price

    E Alfa Super EMI

  • Mahindra Zor Grand

    Mahindra Zor Grand

    ₹4.47 Lakh Ex-showroom price

    Zor Grand EMI

  • Mahindra E Alfa Cargo

    Mahindra E Alfa Cargo

    ₹1.57 Lakh Ex-showroom price

    E Alfa Cargo EMI

Mahindra e-Alfa Plus

Mahindra e-Alfa Plus

₹1.65 Lakh Ex-showroom price

e-Alfa Plus EMI

Mahindra E Alfa Super

Mahindra E Alfa Super

₹1.72 Lakh Ex-showroom price

E Alfa Super EMI

Mahindra Zor Grand

Mahindra Zor Grand

₹4.47 Lakh Ex-showroom price

Zor Grand EMI

Mahindra E Alfa Cargo

Mahindra E Alfa Cargo

₹1.57 Lakh Ex-showroom price

E Alfa Cargo EMI

Mahindra Treo

Mahindra Treo

₹3.57 Lakh Ex-showroom price

Treo EMI

Mahindra Alfa Passenger DX

Mahindra Alfa Passenger D...

₹2.89 Lakh Ex-showroom price

Alfa Passenger ... EMI

FAQs about Alfa Plus EMI

Mahindra Alfa Plus EMI depends upon various factors like three wheeler loan amount, loan tenure and the interest rate charged by various lenders. Althought it starts from ₹ 6.61 Thousand with the down payment of ₹ 32.60 Thousand at the interest rate of 10% for 5 year (varies from bank to bank).

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.

Mahindra Alfa Plus Minimum down payment starts from ₹ 32.60 Thousand. Lenders typically finance 90% of the ex-showroom price whereas some customers are eligible for 100% funding.

You will have to pay ₹ 32.60 Thousand as a down payment for the amount Rs.10% of Ex-showroom Price @15% for 60 months, the monthly EMI will be ₹ 6.61 Thousand.

Following documents are required for Mahindra Alfa Plus loan :

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

The 2025 price for the Mahindra Alfa Plus starts from ₹ 3.26 Lakhs Onwards . Although it can vary slightly from state to state and city to city.

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

Formula for Mahindra Alfa Plus 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

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

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

Ad

Ad

web-imagesweb-images

Language

English

|

हिंदी
About CMV360
Advertise With Us

Registered Office Address

Delente Technologies Pvt. Ltd.

M3M Cosmopolitan, 12th Cosmopolitan,

Golf Course Ext Rd, Sector 66, Gurugram, Haryana

pincode - 122002

Join CMV360

Receive pricing updates, buying tips & more!

Follow Us

facebook
youtube
instagram

COMMERCIAL VEHICLE BUYING BECOMES EASY AT CMV360

CMV360 - is a leading commercial vehicle marketplace. We helps consumers to Buy, Finance, Insure and Service their commercial vehicles.

We bring great transparency on pricing, information and comparison of tractors, trucks, buses and three wheelers.