Maruti Suzuki SX4 [2007-2013] Car Loan EMI Calculator

₹ 13,308.
Here is how - Maruti Suzuki SX4 [2007-2013] price starts from ₹ 7,74,497 in Bangalore. If you pay a down payment of ₹ 1,18,152 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 13,308.

The cheapest SX4 [2007-2013] model is VXi which is priced at ₹ 7,74,497 in Bangalore. You will need to pay at least a ₹ 1,18,152 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 SX4 [2007-2013].

Version	On-road price in Bangalore	Max Loan
VXi	₹ 7,74,497	₹ 6,56,345
ZXi	₹ 8,53,896	₹ 7,24,347
ZXi Leather Option	₹ 8,93,037	₹ 7,57,870
VXI BS-IV	₹ 8,89,419	₹ 7,45,692
ZXI MT LEATHER BS-IV	₹ 10,26,420	₹ 8,61,521
ZXI MT BS-IV	₹ 9,83,675	₹ 8,25,382
ZXI AT LEATHER BS-IV	₹ 11,17,240	₹ 9,38,305
ZXI AT BS-IV	₹ 10,74,495	₹ 9,02,166
VXI CNG BS-IV	₹ 9,62,160	₹ 8,07,192
VDI	₹ 10,27,832	₹ 8,65,289
ZDI	₹ 11,35,414	₹ 9,56,347
ZDI LEATHER	₹ 11,77,085	₹ 9,91,617
Celebration (Petrol)	₹ 10,02,264	₹ 8,41,098
Celebration (Diesel)	₹ 11,27,173	₹ 9,49,371

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 SX4 [2007-2013] VXi will be ₹ 12,071 but you will have to pay interest of ₹ 3,57,619 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 ₹ 24,270, but your interest payment will be only ₹ 2,17,375 over the 3 years period.

₹ 13,308
Maruti Suzuki SX4 [2007-2013] price starts from ₹ 7,74,497 in Bangalore.

We have considered
Down-payement : ₹ 1,18,152
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy SX4 [2007-2013] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 2,59,000

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 SX4 [2007-2013] starts from ₹ 7.74 Lakh, you can get a loan with an annual income as low as ₹ 2.59 lakh.

Here are the most important things you should consider while getting a car loan for a new SX4 [2007-2013]

• 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.