Hyundai Aura Car Loan EMI Calculator

₹ 12,166.
Here is how - Hyundai Aura price starts from ₹ 7,09,012 in Mumbai. If you pay a down payment of ₹ 1,09,022 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 12,166.

The cheapest Aura model is E Petrol Manual which is priced at ₹ 7,09,012 in Mumbai. You will need to pay at least a ₹ 1,09,022 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 Aura.

Version	On-road price in Mumbai	Max Loan
E Petrol Manual	₹ 7,09,012	₹ 5,99,990
S Petrol Manual	₹ 8,07,264	₹ 6,85,500
S CNG Manual	₹ 8,87,503	₹ 7,76,000
SX (O) Petrol Manual	₹ 9,53,363	₹ 8,09,990
SX Plus Petrol Automatic	₹ 9,75,205	₹ 8,29,000
E CNG Manual	₹ 7,91,804	₹ 6,90,432
Corporate Petrol Manual	₹ 8,05,983	₹ 6,84,386
Corporate CNG Manual	₹ 8,97,569	₹ 7,85,000
S Petrol Automatic	₹ 8,68,530	₹ 7,38,821
SX Petrol Manual	₹ 8,97,460	₹ 7,64,000
SX CNG Manual	₹ 9,77,798	₹ 8,54,000

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 Aura E Petrol Manual will be ₹ 11,051 but you will have to pay interest of ₹ 3,28,294 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 ₹ 22,218, but your interest payment will be only ₹ 1,99,858 over the 3 years period.

₹ 12,166
Hyundai Aura price starts from ₹ 7,09,012 in Mumbai.

We have considered
Down-payement : ₹ 1,09,022
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 2,37,000

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 Aura starts from ₹ 7.09 Lakh, you can get a loan with an annual income as low as ₹ 2.37 lakh.

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

• 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.