Hyundai Getz Prime [2007-2010] Car Loan EMI Calculator

₹ 7,280.
Here is how - Hyundai Getz Prime [2007-2010] price starts from ₹ 4,04,507 in Madurai. If you pay a down payment of ₹ 45,451 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 7,280.

The cheapest Getz Prime [2007-2010] model is 1.1 GLE which is priced at ₹ 4,04,507 in Madurai. You will need to pay at least a ₹ 45,451 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 Getz Prime [2007-2010].

Version	On-road price in Madurai	Max Loan
1.1 GLE	₹ 4,04,507	₹ 3,59,056
1.1 GVS	₹ 4,37,928	₹ 3,89,056
1.3 GLS	₹ 4,82,489	₹ 4,29,056
1.3 GLX	₹ 5,15,912	₹ 4,59,057
1.5 GVS CRDi	₹ 5,61,473	₹ 4,99,956
1.1 GVS Option	₹ 4,49,070	₹ 3,99,057
1.3 GVS	₹ 4,60,210	₹ 4,09,057

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 Getz Prime [2007-2010] 1.1 GLE will be ₹ 6,305 but you will have to pay interest of ₹ 1,70,564 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 ₹ 12,676, but your interest payment will be only ₹ 97,280 over the 3 years period.

₹ 7,280
Hyundai Getz Prime [2007-2010] price starts from ₹ 4,04,507 in Madurai.

We have considered
Down-payement : ₹ 45,451
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Getz Prime [2007-2010] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 1,35,000

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 Getz Prime [2007-2010] starts from ₹ 4.05 Lakh, you can get a loan with an annual income as low as ₹ 1.35 lakh.

Here are the most important things you should consider while getting a car loan for a new Getz Prime [2007-2010]

• 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.