Tata Safari [2015-2017] Car Loan EMI Calculator

₹ 16,428.
Here is how - Tata Safari [2015-2017] price starts from ₹ 9,06,961 in Mumbai. If you pay a down payment of ₹ 96,753 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 16,428.

The cheapest Safari [2015-2017] model is 4x2 LX DiCOR 2.2 VTT which is priced at ₹ 9,06,961 in Mumbai. You will need to pay at least a ₹ 96,753 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 Safari [2015-2017].

Version	On-road price in Mumbai	Max Loan
4x2 LX DiCOR 2.2 VTT	₹ 9,06,961	₹ 8,10,208
4x2 EX DiCOR 2.2 VTT	₹ 10,43,124	₹ 9,33,191
4x2 VX DiCOR 2.2 VTT	₹ 12,63,496	₹ 11,21,114
4x4 EX DiCOR 2.2 VTT	₹ 10,91,437	₹ 9,76,827
4x4 VX DiCOR 2.2 VTT	₹ 13,69,225	₹ 12,15,849
4x4 GX DICOR 2.2 VTT	₹ 12,35,036	₹ 10,96,621
4x2 GX DICOR 2.2 VTT	₹ 11,28,292	₹ 10,01,073
4x2 VX DICOR BS-IV	₹ 15,04,859	₹ 12,84,866
4x4 VX DICOR BS-IV	₹ 16,20,874	₹ 13,85,163
4x2 GX DICOR BS-IV	₹ 13,60,291	₹ 11,59,886
4x4 GX DICOR BS-IV	₹ 15,76,762	₹ 13,54,025
4x4 EX DICOR BS-IV	₹ 12,02,398	₹ 10,29,909
4x2 LX DICOR BS IV	₹ 10,45,688	₹ 8,81,696
4x2 EX DICOR BS IV	₹ 11,73,908	₹ 9,91,591
4x2 GX DICOR BS-III	₹ 11,84,709	₹ 10,51,572
4x2 LX DICOR BS-III	₹ 9,60,054	₹ 8,28,332
4x2 EX DICOR BS-III	₹ 10,75,810	₹ 9,29,249

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 Safari [2015-2017] 4x2 LX DiCOR 2.2 VTT will be ₹ 14,136 but you will have to pay interest of ₹ 3,77,216 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 ₹ 28,421, but your interest payment will be only ₹ 2,12,948 over the 3 years period.

₹ 16,428
Tata Safari [2015-2017] price starts from ₹ 9,06,961 in Mumbai.

We have considered
Down-payement : ₹ 96,753
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Safari [2015-2017] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 3,03,000

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 Safari [2015-2017] starts from ₹ 9.07 Lakh, you can get a loan with an annual income as low as ₹ 3.03 lakh.

Here are the most important things you should consider while getting a car loan for a new Safari [2015-2017]

• 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.