Fiat Urban Cross Car Loan EMI Calculator

₹ 13,729.
Here is how - Fiat Urban Cross price starts from ₹ 8,18,092 in Bangalore. If you pay a down payment of ₹ 1,40,987 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 13,729.

The cheapest Urban Cross model is Active Multijet 1.3 which is priced at ₹ 8,18,092 in Bangalore. You will need to pay at least a ₹ 1,40,987 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 Cross.

Version	On-road price in Bangalore	Max Loan
Active Multijet 1.3	₹ 8,18,092	₹ 6,77,105
Dynamic Multijet 1.3	₹ 8,91,360	₹ 7,38,561
Emotion T-Jet 1.4	₹ 11,75,566	₹ 9,76,948
Emotion Multijet 1.3	₹ 9,76,168	₹ 8,09,696

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 Cross Active Multijet 1.3 will be ₹ 12,751 but you will have to pay interest of ₹ 3,93,979 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 ₹ 25,636, but your interest payment will be only ₹ 2,45,791 over the 3 years period.

₹ 13,729
Fiat Urban Cross price starts from ₹ 8,18,092 in Bangalore.

We have considered
Down-payement : ₹ 1,40,987
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 2,73,000

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 Cross starts from ₹ 8.18 Lakh, you can get a loan with an annual income as low as ₹ 2.73 lakh.

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

• 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.