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      Honda City [2008-2011] Car Loan EMI Calculator

      Honda City [2008-2011] EMI starts at 15,928 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 0.88 Lakh. Honda City [2008-2011] price starts at ₹ 8.74 Lakh and goes up to ₹ 11.62 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      Honda City [2008-2011]
      HondaCity [2008-2011]₹ 8.74 - 11.62 Lakh

      Variant

      1.5 E MT

      Right Arrow

      City

      Mumbai

      Right Arrow

      Adjust City [2008-2011] Car Loan Parameters

      On-Road Price

      ₹ 8,73,525

      City [2008-2011] 1.5 E MT EMI

      15,928 for 5 Years

      Down Payment
      Loan Tenure (Months)
      Bank Interest Rate
      %

      Honda City [2008-2011] 1.5 E MT Car Loan EMI

      On-Road Price₹ 8,73,525
      Ex-Showroom Price₹ 785530
      Max Loan Amount₹ 785530
      Down Payment as per your Selectiont₹ 87,995
      Loan Amount₹ 7,85,530
      EMI Amount 15,928
      Interest Component1,70,150(17.8%)
      Principal Component7,85,530(82.2%)
      Total Payable over 5 Years9,55,680
      Note: This doesn't include bank processing fee.

      Honda City [2008-2011] 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₹ 1,33,111₹ 58,025₹ 6,52,419
      24₹ 1,44,158₹ 46,978₹ 5,08,261
      36₹ 1,56,125₹ 35,011₹ 3,52,136
      48₹ 1,69,082₹ 22,054₹ 1,83,054
      60₹ 1,83,054₹ 8,022₹ 0

      Honda City [2008-2011] EMI

      Honda City [2008-2011] Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 87,995

      On-Road Price in MumbaiMin Down PaymentEMI
      1.5 E MT

      ₹ 8,73,525

      ₹87,995₹15,928
      1.5 S MT

      ₹ 9,55,808

      ₹95,815₹17,438
      1.5 S AT

      ₹ 11,17,762

      ₹1,10,762₹20,418
      1.5 V MT

      ₹ 10,07,958

      ₹1,00,770₹18,395
      1.5 V AT

      ₹ 11,48,258

      ₹1,41,437₹20,415
      1.5 V MT Exclusive

      ₹ 10,67,790

      ₹1,06,456₹19,492
      1.5 V AT Exclusive

      ₹ 11,61,600

      ₹1,24,754₹21,023

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      Explore more about Honda City [2008-2011]

      Honda City [2008-2011]
      Honda City [2008-2011]
      ₹ 8.74 - 11.62 Lakh On-Road Price, Mumbai

      City [2008-2011] EMI FAQs

      ₹ 15,928.
      Here is how - Honda City [2008-2011] price starts from ₹ 8,73,525 in Mumbai. If you pay a down payment of ₹ 87,995 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 15,928.
      The cheapest City [2008-2011] model is 1.5 E MT which is priced at ₹ 8,73,525 in Mumbai. You will need to pay at least a ₹ 87,995 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 City [2008-2011].
      VersionOn-road price in MumbaiMax Loan
      1.5 E MT₹ 8,73,525₹ 7,85,530
      1.5 S MT₹ 9,55,808₹ 8,59,993
      1.5 S AT₹ 11,17,762₹ 10,07,000
      1.5 V MT₹ 10,07,958₹ 9,07,188
      1.5 V AT₹ 11,48,258₹ 10,06,821
      1.5 V MT Exclusive₹ 10,67,790₹ 9,61,334
      1.5 V AT Exclusive₹ 11,61,600₹ 10,36,846

      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 City [2008-2011] 1.5 E MT will be ₹ 13,615 but you will have to pay interest of ₹ 3,58,130 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 ₹ 27,373, but your interest payment will be only ₹ 1,99,898 over the 3 years period.