Hyundai Creta Car Loan EMI Calculator

₹ 22,525.
Here is how - Hyundai Creta price starts from ₹ 13,15,566 in Mumbai. If you pay a down payment of ₹ 2,04,666 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 22,525.

The cheapest Creta model is E 1.5 Petrol which is priced at ₹ 13,15,566 in Mumbai. You will need to pay at least a ₹ 2,04,666 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 Creta.

Version	On-road price in Mumbai	Max Loan
E 1.5 Petrol	₹ 13,15,566	₹ 11,10,900
S (O) 1.5 Petrol CVT	₹ 18,83,199	₹ 15,96,900
SX (O) 1.5 Turbo DCT	₹ 24,09,359	₹ 20,18,900
E 1.5 Diesel	₹ 15,26,270	₹ 12,68,700
S (O) 1.5 Diesel AT	₹ 21,04,611	₹ 17,55,200
S 1.5 Petrol	₹ 15,99,149	₹ 13,53,700
S (O) 1.5 Petrol	₹ 17,08,004	₹ 14,46,900
SX 1.5 Petrol	₹ 18,18,377	₹ 15,41,400
SX 1.5 Petrol Dual Tone	₹ 18,35,896	₹ 15,56,400
SX Tech 1.5 Petrol	₹ 18,99,672	₹ 16,09,400
SX Tech 1.5 Petrol Dual Tone	₹ 19,15,319	₹ 16,24,400
SX (O) 1.5 Petrol	₹ 20,70,041	₹ 17,46,300
SX (O) 1.5 Petrol Dual Tone	₹ 20,87,579	₹ 17,61,300
SX Tech 1.5 Petrol CVT	₹ 20,72,995	₹ 17,59,400
SX Tech 1.5 Petrol CVT Dual Tone	₹ 20,90,514	₹ 17,74,400
SX (O) 1.5 Petrol CVT	₹ 22,40,744	₹ 18,92,300
SX (O) 1.5 Petrol CVT Dual Tone	₹ 22,58,282	₹ 19,07,300
SX (O) 1.5 Turbo DCT Dual Tone	₹ 24,27,050	₹ 20,33,900
EX 1.5 Diesel	₹ 16,72,252	₹ 13,91,500
S 1.5 Diesel	₹ 18,01,222	₹ 14,99,990
S (O) 1.5 Diesel	₹ 19,26,295	₹ 16,05,200
SX Tech 1.5 Diesel	₹ 21,19,472	₹ 17,67,700
SX Tech 1.5 Diesel Dual Tone	₹ 21,37,303	₹ 17,82,700
SX (O) 1.5 Diesel	₹ 22,94,099	₹ 19,04,700
SX (O) 1.5 Diesel Dual Tone	₹ 22,90,655	₹ 19,11,700
SX (O) 1.5 Diesel AT	₹ 23,95,505	₹ 19,99,900
SX (O) 1.5 Diesel AT Dual Tone	₹ 24,34,301	₹ 20,14,900
EX 1.5 Petrol	₹ 14,57,240	₹ 12,32,200
S (O) 1.5 Petrol Knight Edition	₹ 17,25,406	₹ 14,61,800
S (O) 1.5 Petrol CVT Knight Edition	₹ 19,00,602	₹ 16,11,800
SX (O) 1.5 Petrol Knight Edition	₹ 20,87,462	₹ 17,61,200
SX (O) 1.5 Petrol CVT Knight Edition	₹ 22,58,166	₹ 19,07,200
S (O) 1.5 Diesel Knight Edition	₹ 19,44,007	₹ 16,20,100
S (O) 1.5 Diesel AT Knight Edition	₹ 21,22,324	₹ 17,70,100
SX (O) 1.5 Diesel Knight Edition	₹ 23,11,823	₹ 19,19,600
SX (O) 1.5 Diesel AT Knight Edition	₹ 24,69,621	₹ 20,34,800
S (O) 1.5 Petrol Titan Grey Matte Knight Edition	₹ 17,31,246	₹ 14,66,800
S (O) 1.5 Petrol Knight Edition Dual Tone	₹ 17,42,925	₹ 14,76,800
S (O) 1.5 Petrol CVT titan Grey Matte Knight Edition	₹ 19,06,441	₹ 16,16,800
S (O) 1.5 Petrol CVT Knight Edition Dual Tone	₹ 19,18,122	₹ 16,26,800
SX (O) 1.5 Petrol Titan Grey Matte Knight Edition	₹ 20,71,593	₹ 17,58,200
SX (O) 1.5 Petrol Knight Edition Dual Tone	₹ 21,05,000	₹ 17,76,200
SX (O) 1.5 Petrol CVT Titan Grey Matte Knight Edition	₹ 22,42,116	₹ 19,04,200
SX (O) 1.5 Petrol CVT Knight Edition Dual Tone	₹ 22,53,796	₹ 19,14,200
S (O) 1.5 Diesel Titan Grey Matte Knight Edition	₹ 19,49,950	₹ 16,25,100
S (O) 1.5 Diesel Knight Edition Dual Tone	₹ 19,61,839	₹ 16,35,100
S (O) 1.5 Diesel AT Titan Grey Matte Knight Edition	₹ 21,28,267	₹ 17,75,100
S (O) 1.5 Diesel AT Knight Edition Dual Tone	₹ 21,40,154	₹ 17,85,100
SX (O) 1.5 Diesel Titan Grey Matte Knight Edition	₹ 22,96,479	₹ 19,16,600
SX (O) 1.5 Diesel Knight Edition Dual Tone	₹ 23,29,667	₹ 19,34,600
SX (O) 1.5 Diesel AT Titan Grey Matte Knight Edition	₹ 24,54,565	₹ 20,31,800
SX (O) 1.5 Diesel AT Knight Edition Dual Tone	₹ 24,87,618	₹ 20,49,800
EX (O) 1.5 Petrol	₹ 15,40,860	₹ 12,97,190
EX (O) 1.5 Diesel	₹ 17,56,826	₹ 14,56,490
EX (O) 1.5 Petrol CVT	₹ 17,04,548	₹ 14,37,190
EX (O) 1.5 Diesel AT	₹ 19,27,451	₹ 15,96,490
SX 1.5 Premium Petrol	₹ 19,20,488	₹ 16,18,390
SX 1.5 Premium Petrol CVT	₹ 20,95,868	₹ 17,68,390
SX 1.5 Premium Diesel	₹ 21,41,817	₹ 17,76,690

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 Creta E 1.5 Petrol will be ₹ 20,505 but you will have to pay interest of ₹ 6,11,520 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 ₹ 41,225, but your interest payment will be only ₹ 3,73,200 over the 3 years period.

₹ 22,525
Hyundai Creta price starts from ₹ 13,15,566 in Mumbai.

We have considered
Down-payement : ₹ 2,04,666
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 4,39,000

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 Creta starts from ₹ 13.16 Lakh, you can get a loan with an annual income as low as ₹ 4.39 lakh.

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

• 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.