Jeep Meridian Car Loan EMI Calculator
Jeep Meridian EMI starts at 68,473 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 7.54 Lakh. Jeep Meridian price starts at ₹ 36.49 Lakh and goes up to ₹ 48.66 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
![Jeep Meridian Jeep Meridian](https://imgd-ct.aeplcdn.com/370x208/n/cw/ec/115067/meridian-right-front-three-quarter-3.jpeg?isig=0&q=80)
Variant
Limited (O) 4x2 MT
City
Mumbai
Adjust Meridian Car Loan Parameters
On-Road Price
₹ 41,31,409₹ 68,473 for 5 Years
Jeep Meridian Loan Repayment Schedule
This table helps you understand, how much loan payment will be pending at the end of the each year of the loan. This way, you can arrive at the amount you will need if you decide to pre-pay your loan.
Months | Principal Paid | Interest Paid | Balance Loan |
---|---|---|---|
12 | ₹ 5,72,200 | ₹ 2,49,476 | ₹ 28,04,800 |
24 | ₹ 6,19,692 | ₹ 2,01,984 | ₹ 21,85,108 |
36 | ₹ 6,71,127 | ₹ 1,50,549 | ₹ 15,13,981 |
48 | ₹ 7,26,830 | ₹ 94,846 | ₹ 7,87,151 |
60 | ₹ 7,87,151 | ₹ 34,518 | ₹ 0 |
Jeep Meridian EMI
Jeep Meridian Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 7,54,409
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
Limited (O) 4x2 MT ₹ 41,31,409 | ₹7,54,409 | ₹68,473 |
Limited (O) 4x2 AT ₹ 43,64,160 | ₹7,95,160 | ₹72,366 |
Limited (O) 4x4 AT ₹ 46,90,254 | ₹8,52,254 | ₹77,821 |
Limited Plus 4x2 AT ₹ 44,38,107 | ₹8,08,107 | ₹73,603 |
Limited Plus 4x4 AT ₹ 47,62,989 | ₹8,64,989 | ₹79,037 |
Overland 4x2 AT ₹ 45,39,936 | ₹8,25,936 | ₹75,307 |
Overland 4x4 AT ₹ 48,66,029 | ₹8,83,029 | ₹80,761 |
X Edition ₹ 36,49,179 | ₹6,50,179 | ₹60,809 |
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Explore more about Jeep Meridian
Meridian EMI FAQs
Here is how - Jeep Meridian price starts from ₹ 41,31,409 in Mumbai. If you pay a down payment of ₹ 7,54,409 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 68,473.
Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.
Version | On-road price in Mumbai | Max Loan |
---|---|---|
Limited (O) 4x2 MT | ₹ 41,31,409 | ₹ 33,77,000 |
Limited (O) 4x2 AT | ₹ 43,64,160 | ₹ 35,69,000 |
Limited (O) 4x4 AT | ₹ 46,90,254 | ₹ 38,38,000 |
Limited Plus 4x2 AT | ₹ 44,38,107 | ₹ 36,30,000 |
Limited Plus 4x4 AT | ₹ 47,62,989 | ₹ 38,98,000 |
Overland 4x2 AT | ₹ 45,39,936 | ₹ 37,14,000 |
Overland 4x4 AT | ₹ 48,66,029 | ₹ 39,83,000 |
X Edition | ₹ 36,49,179 | ₹ 29,99,000 |
As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.
- 1. If you select a higher tenure loan, let's say 7 years, your EMI for Meridian Limited (O) 4x2 MT will be ₹ 64,393 but you will have to pay interest of ₹ 20,32,012 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 ₹ 1,29,463, but your interest payment will be only ₹ 12,83,668 over the 3 years period.