Hyundai Creta Car Loan EMI Calculator

₹ 22,302.
Here is how - Hyundai Creta price starts from ₹ 13,04,264 in Mumbai. If you pay a down payment of ₹ 2,04,364 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 22,302.

The cheapest Creta model is E 1.5 Petrol which is priced at ₹ 13,04,264 in Mumbai. You will need to pay at least a ₹ 2,04,364 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	₹ 13,04,264	₹ 10,99,900
S (O) 1.5 Petrol CVT	₹ 18,82,501	₹ 15,85,900
SX (O) 1.5 Turbo DCT	₹ 23,66,550	₹ 19,99,900
E 1.5 Diesel	₹ 15,17,966	₹ 12,55,700
S (O) 1.5 Diesel AT	₹ 21,01,977	₹ 17,43,200
S 1.5 Petrol	₹ 15,94,071	₹ 13,42,700
S (O) 1.5 Petrol	₹ 17,03,041	₹ 14,35,900
SX 1.5 Petrol	₹ 18,17,610	₹ 15,30,400
SX 1.5 Petrol Dual Tone	₹ 18,35,148	₹ 15,45,400
SX Tech 1.5 Petrol	₹ 18,97,116	₹ 15,98,400
SX Tech 1.5 Petrol Dual Tone	₹ 19,14,654	₹ 16,13,400
SX (O) 1.5 Petrol	₹ 20,47,826	₹ 17,27,300
SX (O) 1.5 Petrol Dual Tone	₹ 20,65,364	₹ 17,42,300
SX Tech 1.5 Petrol CVT	₹ 20,72,496	₹ 17,48,400
SX Tech 1.5 Petrol CVT Dual Tone	₹ 20,90,035	₹ 17,63,400
SX (O) 1.5 Petrol CVT	₹ 22,18,529	₹ 18,73,300
SX (O) 1.5 Petrol CVT Dual Tone	₹ 22,36,067	₹ 18,88,300
SX (O) 1.5 Turbo DCT Dual Tone	₹ 24,04,640	₹ 20,14,900
EX 1.5 Diesel	₹ 16,64,049	₹ 13,78,500
S 1.5 Diesel	₹ 18,08,573	₹ 14,99,990
S (O) 1.5 Diesel	₹ 19,23,537	₹ 15,93,200
SX Tech 1.5 Diesel	₹ 21,16,847	₹ 17,55,700
SX Tech 1.5 Diesel Dual Tone	₹ 21,34,691	₹ 17,70,700
SX (O) 1.5 Diesel	₹ 22,70,307	₹ 18,84,700
SX (O) 1.5 Diesel Dual Tone	₹ 22,88,151	₹ 18,99,700
SX (O) 1.5 Diesel AT	₹ 24,07,348	₹ 19,99,900
SX (O) 1.5 Diesel AT Dual Tone	₹ 24,45,744	₹ 20,14,900
EX 1.5 Petrol	₹ 14,52,012	₹ 12,21,200

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 ₹ 20,329 but you will have to pay interest of ₹ 6,07,736 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 ₹ 40,871, but your interest payment will be only ₹ 3,71,456 over the 3 years period.

₹ 22,302
Hyundai Creta price starts from ₹ 13,04,264 in Mumbai.

We have considered
Down-payement : ₹ 2,04,364
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 ₹ 4,35,000

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 ₹ 13.04 Lakh, you can get a loan with an annual income as low as ₹ 4.35 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.