Citroen C3 Car Loan EMI Calculator

₹ 10,118.
Here is how - Citroen C3 price starts from ₹ 5,92,545 in Mumbai. If you pay a down payment of ₹ 93,545 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 10,118.

The cheapest C3 model is Live Petrol 1.2L 5 Speed Manual which is priced at ₹ 5,92,545 in Mumbai. You will need to pay at least a ₹ 93,545 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 C3.

Version	On-road price in Mumbai	Max Loan
Live Petrol 1.2L 5 Speed Manual	₹ 5,92,545	₹ 4,99,000
Feel (O) Petrol 1.2L 5 Speed Manual	₹ 8,02,045	₹ 6,80,000
Live CNG 1.2L 5 Speed Manual	₹ 6,69,876	₹ 4,99,000
Feel CNG 1.2L 5 Speed Manual	₹ 7,67,589	₹ 5,85,000
Shine Petrol 1.2L Turbo 6 Speed Manual	₹ 10,28,010	₹ 8,74,000
Shine Petrol 1.2L 5 Speed Manual Dual Tone	₹ 9,14,646	₹ 7,78,000
Shine Petrol 1.2L 5 Speed Manual	₹ 8,97,411	₹ 7,63,000
Feel Petrol 1.2L 5 Speed Manual	₹ 6,92,890	₹ 5,85,000
Feel (O) CNG 1.2L 5 Speed Manual	₹ 8,73,837	₹ 6,80,000
Shine CNG 1.2L 5 Speed Manual	₹ 9,66,663	₹ 7,63,000
Shine CNG 1.2L 5 Speed Manual Dual Tone	₹ 9,83,439	₹ 7,78,000
Shine Petrol 1.2L Turbo Automatic	₹ 11,09,590	₹ 9,45,000
Shine Petrol 1.2L 5 Speed Manual Dark Edition	₹ 9,01,798	₹ 7,66,817
Shine Petrol 1.2L Turbo 6 Speed Manual Dark Edition	₹ 10,30,980	₹ 8,76,584
Shine Petrol 1.2L Turbo Automatic Dark Edition	₹ 10,95,093	₹ 9,32,383
Live (O) Petrol 1.2L 5 Speed Manual	₹ 6,56,121	₹ 5,53,000

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 C3 Live Petrol 1.2L 5 Speed Manual will be ₹ 9,236 but you will have to pay interest of ₹ 2,76,824 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 ₹ 18,568, but your interest payment will be only ₹ 1,69,448 over the 3 years period.

₹ 10,118
Citroen C3 price starts from ₹ 5,92,545 in Mumbai.

We have considered
Down-payement : ₹ 93,545
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy C3 with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 1,98,000

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 C3 starts from ₹ 5.93 Lakh, you can get a loan with an annual income as low as ₹ 1.98 lakh.

Here are the most important things you should consider while getting a car loan for a new C3

• 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.