Toyota Urban Cruiser Car Loan EMI Calculator

₹ 18,299.
Here is how - Toyota Urban Cruiser price starts from ₹ 10,11,411 in Delhi. If you pay a down payment of ₹ 1,08,911 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 18,299.

The cheapest Urban Cruiser model is Mid Grade MT which is priced at ₹ 10,11,411 in Delhi. You will need to pay at least a ₹ 1,08,911 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 Urban Cruiser.

Version	On-road price in Delhi	Max Loan
Mid Grade MT	₹ 10,11,411	₹ 9,02,500
Mid Grade AT	₹ 11,84,629	₹ 10,14,900
High Grade MT	₹ 10,93,132	₹ 9,77,500
High Grade AT	₹ 12,84,459	₹ 11,02,500
Premium Grade MT	₹ 11,17,538	₹ 9,99,900
Premium Grade AT	₹ 13,64,801	₹ 11,73,000
Premium Grade MT Dual Tone	₹ 11,16,289	₹ 9,98,000
Premium Grade AT Dual Tone	₹ 13,31,950	₹ 11,55,000

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 Urban Cruiser Mid Grade MT will be ₹ 15,764 but you will have to pay interest of ₹ 4,21,676 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 ₹ 31,694, but your interest payment will be only ₹ 2,38,484 over the 3 years period.

₹ 18,299
Toyota Urban Cruiser price starts from ₹ 10,11,411 in Delhi.

We have considered
Down-payement : ₹ 1,08,911
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Urban Cruiser with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 3,38,000

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 Urban Cruiser starts from ₹ 10.11 Lakh, you can get a loan with an annual income as low as ₹ 3.38 lakh.

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

• 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.