Maruti Suzuki Grand Vitara Car Loan EMI Calculator

₹ 22,283.
Here is how - Maruti Suzuki Grand Vitara price starts from ₹ 13,72,574 in Metupalayam. If you pay a down payment of ₹ 2,73,632 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 22,283.

The cheapest Grand Vitara model is Sigma Smart Hybrid which is priced at ₹ 13,72,574 in Metupalayam. You will need to pay at least a ₹ 2,73,632 down payment to buy this model.

Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.

Here is a model wise list of max loan amount for Grand Vitara.

Version	On-road price in Metupalayam	Max Loan
Zeta Plus Intelligent Hybrid eCVT Dual Tone	₹ 23,08,232	₹ 18,59,000
Alpha Plus Intelligent Hybrid eCVT Dual Tone	₹ 25,32,204	₹ 20,08,942
Sigma Smart Hybrid	₹ 13,72,574	₹ 10,98,942
Delta Smart Hybrid	₹ 15,20,893	₹ 12,19,942
Zeta Smart Hybrid	₹ 17,42,757	₹ 14,00,942
Alpha Smart Hybrid	₹ 19,30,623	₹ 15,50,942
Zeta Smart Hybrid AT	₹ 19,18,365	₹ 15,40,942
Alpha Smart Hybrid AT	₹ 21,02,231	₹ 16,90,942
Alpha Smart Hybrid AllGrip Dual Tone	₹ 21,34,172	₹ 17,17,000
Alpha Smart Hybrid Dual Tone	₹ 19,50,306	₹ 15,67,000
Delta Smart Hybrid AT	₹ 16,92,501	₹ 13,59,942
Alpha Smart Hybrid AT Dual Tone	₹ 21,21,914	₹ 17,07,000
Alpha Smart Hybrid AllGrip	₹ 21,14,489	₹ 17,00,942
Zeta Plus Intelligent Hybrid eCVT	₹ 22,76,290	₹ 18,32,942
Alpha Plus Intelligent Hybrid eCVT	₹ 24,72,414	₹ 19,92,942
Delta CNG	₹ 16,37,341	₹ 13,14,942
Zeta CNG	₹ 18,59,206	₹ 14,95,942

As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.

Good Practice will be to chose the shortest possible tenure for which you can afford an EMI amount.

• 1. If you select a higher tenure loan, let's say 7 years, your EMI for Grand Vitara Sigma Smart Hybrid will be ₹ 21,393 but you will have to pay interest of ₹ 6,98,070 over the period of 7 years.
• 2. If you select a lower tenure loan, let's say 3 years, your EMI amount will be higher at ₹ 43,011, but your interest payment will be only ₹ 4,49,454 over the 3 years period.

₹ 22,283
Maruti Suzuki Grand Vitara price starts from ₹ 13,72,574 in Metupalayam.

We have considered
Down-payement : ₹ 2,73,632
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Grand Vitara with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 4,58,000

As a general rule, banks or other lenders offer you a car loan 3 to 4 times your annual income. Considering the on-road price of Grand Vitara starts from ₹ 13.73 Lakh, you can get a loan with an annual income as low as ₹ 4.58 lakh.

Here are the most important things you should consider while getting a car loan for a new Grand Vitara

• 1. Interest rate - Go for the loan with the lowest interest rate.
• 2. Additional Charges - processing fee, prepayment charges, late payment penalty are some of the important points you need to check before taking a loan.
• 3. Tenue and Max Loan Amount - Select a lender who gives you a loan that you can afford.
  -If Max loan amount is lower, you will have to shell out more money upfront to buy the car.
  -If Tenue is lower, your per month instalment amount will increase.
• 4. Eligibility - Banks may have stricter eligibility requirements compared to NBFCs or other financial institutions.