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        Honda Amaze Car Loan EMI Calculator

        Honda Amaze EMI starts at 13,618 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 1.16 Lakh. Honda Amaze price starts at ₹ 7.87 Lakh and goes up to ₹ 13.83 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

        Honda Amaze
        HondaAmaze₹ 7.87 - 13.83 Lakh

        Version

        E MT 1.2 Petrol (Old Design)

        Right Arrow

        City

        Mumbai

        Right Arrow

        Adjust Amaze Car Loan Parameters

        On-Road Price

        ₹ 7,87,342

        Amaze E MT 1.2 Petrol (Old Design) EMI

        13,618 for 5 Years

        Down Payment
        Loan Tenure (Months)
        Bank Interest Rate
        %

        Honda Amaze E MT 1.2 Petrol (Old Design) Car Loan EMI

        On-Road Price₹ 7,87,342
        Ex-Showroom Price₹ 671630
        Max Loan Amount₹ 671630
        Down Payment as per your Selectiont₹ 1,15,712
        Loan Amount₹ 6,71,630
        EMI Amount 13,618
        Interest Component1,45,450(17.8%)
        Principal Component6,71,630(82.2%)
        Total Payable over 5 Years8,17,080
        Note: This doesn't include bank processing fee.

        Honda Amaze 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.

        MonthsPrincipal PaidInterest PaidBalance Loan
        12₹ 1,13,804₹ 49,612₹ 5,57,826
        24₹ 1,23,250₹ 40,166₹ 4,34,576
        36₹ 1,33,479₹ 29,937₹ 3,01,097
        48₹ 1,44,559₹ 18,857₹ 1,56,538
        60₹ 1,56,538₹ 6,859₹ 0

        Honda Amaze EMI

        Honda Amaze Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 1,15,712

        On-Road Price in MumbaiMin Down PaymentEMI
        E MT 1.2 Petrol (Old Design)

        ₹ 7,87,342

        ₹1,15,712₹13,618
        S MT 1.2 Petrol

        ₹ 8,83,461

        ₹1,27,831₹15,321
        S CVT 1.2 Petrol

        ₹ 9,86,478

        ₹1,40,848₹17,146
        VX MT 1.2 Petrol

        ₹ 10,04,798

        ₹1,43,168₹17,471
        VX CVT 1.2 Petrol

        ₹ 10,99,833

        ₹1,55,203₹19,154
        E MT 1.5 Diesel (Old Design)

        ₹ 10,80,248

        ₹1,69,278₹18,471
        S MT 1.5 Diesel

        ₹ 11,49,614

        ₹1,79,144₹19,678
        VX MT 1.5 Diesel

        ₹ 12,86,849

        ₹2,17,379₹21,685
        VX CVT 1.5 Diesel

        ₹ 13,82,732

        ₹2,32,432₹23,324

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        Explore more about Honda Amaze

        Honda Amaze
        Honda Amaze
        ₹ 7.87 - 13.83 Lakh On-Road Price, Mumbai

        Amaze EMI FAQs

        ₹ 13,618.
        Here is how - Honda Amaze price starts from ₹ 7,87,342 in Mumbai. If you pay a down payment of ₹ 1,15,712 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 13,618.
        The cheapest Amaze model is E MT 1.2 Petrol (Old Design) which is priced at ₹ 7,87,342 in Mumbai. You will need to pay at least a ₹ 1,15,712 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 Amaze.
        VersionOn-road price in MumbaiMax Loan
        E MT 1.2 Petrol (Old Design)₹ 7,87,342₹ 6,71,630
        S MT 1.2 Petrol₹ 8,83,461₹ 7,55,630
        S CVT 1.2 Petrol₹ 9,86,478₹ 8,45,630
        VX MT 1.2 Petrol₹ 10,04,798₹ 8,61,630
        VX CVT 1.2 Petrol₹ 10,99,833₹ 9,44,630
        E MT 1.5 Diesel (Old Design)₹ 10,80,248₹ 9,10,970
        S MT 1.5 Diesel₹ 11,49,614₹ 9,70,470
        VX MT 1.5 Diesel₹ 12,86,849₹ 10,69,470
        VX CVT 1.5 Diesel₹ 13,82,732₹ 11,50,300

        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 Amaze E MT 1.2 Petrol (Old Design) will be ₹ 12,272 but you will have to pay interest of ₹ 3,59,218 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 ₹ 24,672, but your interest payment will be only ₹ 2,16,562 over the 3 years period.