Fiat Avventura Car Loan EMI Calculator

₹ 14,461.
Here is how - Fiat Avventura price starts from ₹ 7,97,653 in Kolkata. If you pay a down payment of ₹ 84,458 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 14,461.

The cheapest Avventura model is Active 1.4 which is priced at ₹ 7,97,653 in Kolkata. You will need to pay at least a ₹ 84,458 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 Avventura.

Version	On-road price in Kolkata	Max Loan
Active 1.4	₹ 7,97,653	₹ 7,13,195
Dynamic 1.4	₹ 8,98,969	₹ 8,05,925
Active Multijet 1.3	₹ 8,23,916	₹ 7,26,102
Dynamic Multijet 1.3	₹ 9,16,934	₹ 8,10,433
Emotion Multijet 1.3	₹ 10,05,404	₹ 8,90,641
T-Jet 1.4 [2015-2016]	₹ 11,44,564	₹ 10,30,707
T-Jet 1.4	₹ 11,41,133	₹ 10,05,047

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 Avventura Active 1.4 will be ₹ 12,432 but you will have to pay interest of ₹ 3,31,093 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 ₹ 24,996, but your interest payment will be only ₹ 1,86,661 over the 3 years period.

₹ 14,461
Fiat Avventura price starts from ₹ 7,97,653 in Kolkata.

We have considered
Down-payement : ₹ 84,458
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 2,66,000

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 Avventura starts from ₹ 7.98 Lakh, you can get a loan with an annual income as low as ₹ 2.66 lakh.

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

• 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.