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Hi , Thanks for your interest in Mahindra XUV400 EV

Benefits On Mahindra XUV400 EV

Consumer Offer up to Rs. 33,000 . T&C’s Apply

Applicable on All Variants

Applicable city - New Delhi

Vali till - Jun 30, 2023

Description

The Mahindra XUV400 EV is a stylish compact electric SUV, designed to offer strong performance and ample space for families. Powered by a 39.4 kWh battery, it delivers a certified driving range of up to 456 km per charge. The SUV features bold styling with Mahindra’s signature design elements, a spacious cabin, and modern technology like a 7-inch infotainment system, connected car features, and multiple drive modes. With quick acceleration, fast-charging capability, and robust safety features, the XUV400 EV is a practical yet powerful alternative in India’s growing EV SUV segment.

Self Employed Individuals
Eligibility

We make your dream come true with minimal new car loan eligibility criteria. Helping you commute in your own dream car!
  • Income: Minimum ₹3 Lakhs per annum as per latest ITR
  • Age: 23 years to 65 years
  • Stability: Minimum 3 years’ business stability
  • Residence stability – 2 years in the city and 1 in the current residence/ no stability required in case of own house
Document details
  • Documents
    • Latest 2 years’ Income Tax Returns with IT computations
    • 3 months' Bank statements
    • Business Incorporation Certificate /Business Proof
Salaried Individuals
Eligibility

We make your dream come true with minimal new car loan eligibility criteria. Helping you commute in your own dream car!
  • Income: Minimum ₹2.5 Lakhs per annum
  • Age: 23 years to 60 years
  • Stability: Minimum 3 years’ employment stability and at least 1 year in the current employment
  • Residence stability – 2 years in the city and 1 in the current residence/ no stability required in case of own house
Document details
  • Income proof :
    • Latest - Form 16/ Income Tax Returns
    • Last 3 months' salary slips
    • Bank Statements – 3 months

Bank Name

Car Loan Interest Rates

Processing Fee

SBI Car Loan

8.60% p.a. onwards

New Car: Up to Rs.2,000

Axis Bank Car Loan

8.75% p.a. onwards

Minimum of Rs.3,500 and a maximum of Rs.12,000

Bank of Baroda Car Loan

8.70% p.a. onwards

Rs.2,500

Canara Bank Car Loan

8.80% p.a. onwards

0.25% of the loan amount, subject to a minimum of Rs.1,000 and a maximum of Rs.5,000

Federal Bank Car Loan

11.00% p.a. onwards

Contact the bank

FAQs

The ex-showroom prices for the Mahindra XUV400 EV variants are approximately: Base Variant: ?15.49 lakh Top Variant: ?17.69 lakh

The XUV400 EV offers two battery options: 34.5 kWh Battery: Provides a driving range of up to 375 km (ARAI-certified) 39.4 kWh Battery: Offers a driving range of up to 456 km (ARAI-certified)

Charging times vary based on the charger type: 3.3 kW AC Charger: Approximately 13.5 hours 7.2 kW AC Charger: Approximately 6.5 hours 50 kW DC Fast Charger: 0–80% in about 50 minutes