Citroen Basalt X Car Loan EMI Calculator

₹ 17,336.
Here is how - Citroen Basalt X price starts from ₹ 10,05,180 in Mumbai. If you pay a down payment of ₹ 1,50,180 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 17,336.

The cheapest Basalt X model is You Petrol 5 Speed Manual which is priced at ₹ 10,05,180 in Mumbai. You will need to pay at least a ₹ 1,50,180 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 Basalt X.

Version	On-road price in Mumbai	Max Loan
Plus Petrol Turbo 6 Speed Manual	₹ 13,58,011	₹ 11,42,000
Plus Petrol 5 Speed Manual	₹ 11,70,636	₹ 9,99,000
Plus Petrol Turbo Automatic	₹ 15,04,162	₹ 12,67,000
Max Petrol Turbo Automatic	₹ 16,29,851	₹ 13,74,500
Max Petrol Turbo 6 Speed Manual	₹ 14,81,363	₹ 12,47,500
Max Petrol Turbo 6 Speed Manual Dual Tone	₹ 15,05,916	₹ 12,68,500
Max Petrol Turbo Automatic Dual Tone	₹ 16,54,405	₹ 13,95,500
Max Petrol Turbo 6 Speed Manual Dark Edition	₹ 14,67,755	₹ 12,35,862
You Petrol 5 Speed Manual	₹ 10,05,180	₹ 8,55,000

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 Basalt X You Petrol 5 Speed Manual will be ₹ 15,667 but you will have to pay interest of ₹ 4,61,028 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 ₹ 31,499, but your interest payment will be only ₹ 2,78,964 over the 3 years period.

₹ 17,336
Citroen Basalt X price starts from ₹ 10,05,180 in Mumbai.

We have considered
Down-payement : ₹ 1,50,180
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Basalt X with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 3,36,000

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 Basalt X starts from ₹ 10.05 Lakh, you can get a loan with an annual income as low as ₹ 3.36 lakh.

Here are the most important things you should consider while getting a car loan for a new Basalt X

• 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.