Toyota Etios Liva [2011-2013] Car Loan EMI Calculator

₹ 9,527.
Here is how - Toyota Etios Liva [2011-2013] price starts from ₹ 5,57,982 in Bangalore. If you pay a down payment of ₹ 88,144 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 9,527.

The cheapest Etios Liva [2011-2013] model is J which is priced at ₹ 5,57,982 in Bangalore. You will need to pay at least a ₹ 88,144 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 Etios Liva [2011-2013].

Version	On-road price in Bangalore	Max Loan
J	₹ 5,57,982	₹ 4,69,838
G	₹ 5,75,679	₹ 4,84,861
V	₹ 7,03,537	₹ 5,86,647
VX	₹ 7,66,719	₹ 6,39,786
G SP	₹ 6,41,133	₹ 5,34,163
GD	₹ 7,16,246	₹ 5,97,336
GD SP	₹ 7,54,367	₹ 6,29,397
TRD Sportivo Petrol Ltd	₹ 6,39,093	₹ 5,32,447
TRD Sportivo Diesel Ltd	₹ 7,71,656	₹ 6,43,938

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 Etios Liva [2011-2013] J will be ₹ 8,697 but you will have to pay interest of ₹ 2,60,710 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 ₹ 17,485, but your interest payment will be only ₹ 1,59,622 over the 3 years period.

₹ 9,527
Toyota Etios Liva [2011-2013] price starts from ₹ 5,57,982 in Bangalore.

We have considered
Down-payement : ₹ 88,144
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Etios Liva [2011-2013] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 1,86,000

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 Etios Liva [2011-2013] starts from ₹ 5.58 Lakh, you can get a loan with an annual income as low as ₹ 1.86 lakh.

Here are the most important things you should consider while getting a car loan for a new Etios Liva [2011-2013]

• 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.