Maruti Suzuki Celerio X Car Loan EMI Calculator

₹ 9,838.
Here is how - Maruti Suzuki Celerio X price starts from ₹ 5,64,323 in Thane. If you pay a down payment of ₹ 79,125 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 9,838.

The cheapest Celerio X model is VXi [2019-2020] which is priced at ₹ 5,64,323 in Thane. You will need to pay at least a ₹ 79,125 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 Celerio X.

Version	On-road price in Thane	Max Loan
Vxi [2017-2019]	₹ 5,73,158	₹ 4,90,146
Vxi AMT [2017-2019]	₹ 6,23,853	₹ 5,33,146
Vxi (O) [2017-2019]	₹ 5,79,879	₹ 4,96,021
Vxi (O) AMT [2017-2019]	₹ 6,30,575	₹ 5,39,022
Zxi [2017-2019]	₹ 6,02,729	₹ 5,14,682
Zxi AMT [2017-2019]	₹ 6,51,925	₹ 5,57,683
Zxi (Opt) [2017-2019]	₹ 6,49,196	₹ 5,55,298
Zxi (O) AMT [2017-2019]	₹ 6,62,925	₹ 5,67,298
VXi [2019-2020]	₹ 5,64,323	₹ 4,85,198
VXi AMT [2019-2020]	₹ 6,13,245	₹ 5,28,198
VXi (O) [2019-2020]	₹ 5,71,008	₹ 4,91,074
VXi (O) AMT [2019-2020]	₹ 6,19,930	₹ 5,34,074
ZXi [2019-2020]	₹ 5,92,239	₹ 5,09,735
ZXi AMT [2019-2020]	₹ 6,41,161	₹ 5,52,735
ZXi (Opt) [2019-2020]	₹ 6,38,447	₹ 5,50,350
ZXi (O) AMT [2019-2020]	₹ 6,52,100	₹ 5,62,350
Vxi	₹ 5,99,641	₹ 5,11,448
VXi AMT	₹ 6,56,844	₹ 5,61,448
VXi (O)	₹ 6,09,938	₹ 5,20,448
VXi (O) AMT	₹ 6,67,141	₹ 5,70,448
Zxi	₹ 6,31,332	₹ 5,39,148
ZXi AMT	₹ 6,88,535	₹ 5,89,148
ZXi (Opt)	₹ 6,77,781	₹ 5,79,748
ZXi (O) AMT	₹ 6,91,510	₹ 5,91,748

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 Celerio X VXi [2019-2020] will be ₹ 8,796 but you will have to pay interest of ₹ 2,53,666 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 ₹ 17,684, but your interest payment will be only ₹ 1,51,426 over the 3 years period.

₹ 9,838
Maruti Suzuki Celerio X price starts from ₹ 5,64,323 in Thane.

We have considered
Down-payement : ₹ 79,125
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 1,89,000

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 Celerio X starts from ₹ 5.64 Lakh, you can get a loan with an annual income as low as ₹ 1.89 lakh.

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

• 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.