BMW 6 Series Gran Coupe Car Loan EMI Calculator

₹ 2,34,192.
Here is how - BMW 6 Series Gran Coupe price starts from ₹ 1,37,56,412 in Hyderabad. If you pay a down payment of ₹ 22,06,412 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 2,34,192.

The cheapest 6 Series Gran Coupe model is 640d Gran Coupe which is priced at ₹ 1,37,56,412 in Hyderabad. You will need to pay at least a ₹ 22,06,412 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 6 Series Gran Coupe.

Version	On-road price in Hyderabad	Max Loan
640d Gran Coupe	₹ 1,37,56,412	₹ 1,15,50,000
640d Eminence	₹ 1,43,45,092	₹ 1,20,30,000
640d Design Pure Experience	₹ 1,55,43,015	₹ 1,30,40,000

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 6 Series Gran Coupe 640d Gran Coupe will be ₹ 2,14,410 but you will have to pay interest of ₹ 64,60,440 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 ₹ 4,31,076, but your interest payment will be only ₹ 39,68,736 over the 3 years period.

₹ 2,34,192
BMW 6 Series Gran Coupe price starts from ₹ 1,37,56,412 in Hyderabad.

We have considered
Down-payement : ₹ 22,06,412
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy 6 Series Gran Coupe with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 45,86,000

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 6 Series Gran Coupe starts from ₹ 1.38 Crore, you can get a loan with an annual income as low as ₹ 45.86 lakh.

Here are the most important things you should consider while getting a car loan for a new 6 Series Gran Coupe

• 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.