The Mahindra XEV 9S has rapidly become a prominent name in India's electric vehicle segment since its market debut in late 2025. As the all-electric version of the popular XUV700, which is soon to be relaunched as the XUV 7XO, this SUV offers consumers a compelling zero-emission alternative. Among its four trim levels, the Pack One Above variant has emerged as the standout choice for buyers seeking maximum value.
Mahindra XEV 9S Pack One Above: Pricing and Battery Options
Positioned as the most value-for-money option in the XEV 9S lineup, the Pack One Above trim is offered with a choice of two battery capacities. This allows buyers to select a configuration that best matches their range requirements and budget.
The variant with the 59 kWh battery pack carries an ex-showroom price tag of ₹19.95 lakh. For those desiring extended range, the version equipped with a larger 79 kWh battery is priced at ₹21.95 lakh (ex-showroom).
Understanding Your EMI Options for 2026
For prospective buyers in 2026 considering financing their purchase, understanding the Equated Monthly Installment (EMI) outlay is crucial. The following calculations are based on 100% financing of the ex-showroom price, with common interest rates and tenures applied.
For the 59 kWh Pack One Above variant priced at ₹19.95 lakh:
- At an 8.5% interest rate over 3 years, the EMI would be ₹62,977, with a total interest payable of ₹2,72,181.
- Extending the tenure to 5 years at the same rate reduces the EMI to ₹40,930, but increases the total interest to ₹4,60,829.
- If the interest rate is 9.5% for a 3-year term, the EMI rises to ₹63,906 (total interest: ₹3,05,606).
- A 5-year term at 9.5% results in an EMI of ₹41,899 and a total interest burden of ₹5,18,923.
For the higher-capacity 79 kWh variant priced at ₹21.95 lakh:
- With an 8.5% interest for 3 years, the monthly installment is ₹69,291 (total interest: ₹2,99,467).
- Choosing a 5-year tenure at 8.5% brings the EMI down to ₹45,034 (total interest: ₹5,07,027).
- At a 9.5% interest rate over 3 years, the EMI becomes ₹70,312 (total interest: ₹3,36,244).
- Opting for 5 years at 9.5% means an EMI of ₹46,099 and a cumulative interest of ₹5,70,945.
Making an Informed EV Financing Decision
In summary, for the 2026 model year, the EMI for the Mahindra XEV 9S Pack One Above with the 59 kWh battery will range between approximately ₹41,899 and ₹62,977 per month. For the 79 kWh version, the expected EMI range is between ₹46,099 and ₹70,312. These figures are contingent on securing 100% financing, with interest rates between 8.5% to 9.5% and repayment tenures of three to five years.
This detailed breakdown empowers potential buyers to evaluate their monthly cash flow and choose a financing plan that aligns with their financial strategy, making the transition to electric mobility a calculated and manageable decision.
