Chevrolet Spark Car Loan EMI Calculator
Chevrolet Spark EMI starts at 7,760 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 0.59 Lakh. Chevrolet Spark price starts at ₹ 4.41 Lakh and goes up to ₹ 5.09 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
1.0 BS-IV OBDII
City
Pune
Adjust Spark Car Loan Parameters
On-Road Price
₹ 4,41,280₹ 7,760 for 5 Years
Chevrolet Spark 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 | ₹ 64,853 | ₹ 28,267 | ₹ 3,17,846 |
24 | ₹ 70,236 | ₹ 22,884 | ₹ 2,47,610 |
36 | ₹ 76,065 | ₹ 17,055 | ₹ 1,71,545 |
48 | ₹ 82,379 | ₹ 10,741 | ₹ 89,166 |
60 | ₹ 89,166 | ₹ 3,904 | ₹ 0 |
Chevrolet Spark EMI
Chevrolet Spark Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 58,581
On-Road Price in Pune | Min Down Payment | EMI |
---|---|---|
1.0 BS-IV OBDII ₹ 4,41,280 | ₹58,581 | ₹7,760 |
LS 1.0 BS-IV OBDII ₹ 4,74,133 | ₹62,053 | ₹8,355 |
LT 1.0 BS-IV OBDII ₹ 5,09,471 | ₹65,788 | ₹8,996 |
Check Car Loan EMIs of Chevrolet Spark Similar Cars
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On-Road Price, Pune
Explore more about Chevrolet Spark
Spark EMI FAQs
Here is how - Chevrolet Spark price starts from ₹ 4,41,280 in Pune. If you pay a down payment of ₹ 58,581 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 7,760.
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 Pune | Max Loan |
---|---|---|
1.0 BS-IV OBDII | ₹ 4,41,280 | ₹ 3,82,699 |
LS 1.0 BS-IV OBDII | ₹ 4,74,133 | ₹ 4,12,080 |
LT 1.0 BS-IV OBDII | ₹ 5,09,471 | ₹ 4,43,683 |
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 Spark 1.0 BS-IV OBDII will be ₹ 6,878 but you will have to pay interest of ₹ 1,95,053 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 ₹ 13,828, but your interest payment will be only ₹ 1,15,109 over the 3 years period.