Hyundai Creta Car Loan EMI Calculator

₹ 22,115.
Here is how - Hyundai Creta price starts from ₹ 13,08,385 in Mumbai. If you pay a down payment of ₹ 2,17,685 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 22,115.

The cheapest Creta model is E Petrol 1.5L Manual which is priced at ₹ 13,08,385 in Mumbai. You will need to pay at least a ₹ 2,17,685 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 Petrol 1.5L Manual	₹ 13,08,385	₹ 10,90,700
S (O) Petrol 1.5L CVT Speed Automatic (CVT)	₹ 18,70,411	₹ 15,65,700
E Diesel 1.5L Turbo Manual	₹ 15,26,186	₹ 12,52,800
S (O) Diesel 1.5L Turbo Automatic (TC)	₹ 21,00,483	₹ 17,29,700
S (O) Petrol 1.5L Manual	₹ 16,98,815	₹ 14,20,700
SX Petrol 1.5L Manual	₹ 17,97,867	₹ 15,04,400
SX Petrol 1.5L Manual Dual Tone	₹ 18,15,619	₹ 15,19,400
EX Diesel 1.5L Turbo Manual	₹ 16,62,144	₹ 13,65,700
S (O) Diesel 1.5L Turbo Manual	₹ 19,25,869	₹ 15,84,700
EX Petrol 1.5L Manual	₹ 14,45,562	₹ 12,06,700
S (O) Knight Petrol 1.5L Manual Knight Edition	₹ 17,20,707	₹ 14,39,200
S (O) Knight Diesel 1.5L Turbo Manual Knight Edition	₹ 19,14,789	₹ 16,03,200
EX (O) Petrol 1.5L Manual	₹ 15,72,780	₹ 13,14,200
EX (O) Diesel 1.5L Turbo Manual	₹ 17,91,599	₹ 14,73,200
EX (O) Petrol 1.5L CVT Speed Automatic (CVT)	₹ 17,33,133	₹ 14,49,700
EX (O) Diesel 1.5L Turbo Automatic (TC)	₹ 19,39,881	₹ 16,08,200
SX Premium Petrol 1.5L Manual	₹ 19,51,475	₹ 16,34,200
SX Premium Petrol 1.5L Manual Dual Tone	₹ 19,69,225	₹ 16,49,200
King Edition Petrol 1.5L Manual	₹ 20,62,243	₹ 17,27,800
King Edition Petrol 1.5L CVT Speed Automatic (CVT)	₹ 22,29,105	₹ 18,68,800
King Edition Diesel 1.5L Turbo Manual	₹ 22,88,463	₹ 18,85,800
King Edition Diesel 1.5L Turbo Automatic (TC)	₹ 23,99,253	₹ 19,77,800
King Edition Petrol 1.5L Automatic (DCT)	₹ 23,74,075	₹ 19,91,300
King Knight Edition Petrol 1.5L CVT Speed Automatic (CVT)	₹ 22,46,264	₹ 18,83,300
King Knight Edition Diesel 1.5L Turbo Automatic (TC)	₹ 24,60,519	₹ 20,11,300
King Edition Petrol 1.5L Manual Dual Tone	₹ 20,79,995	₹ 17,42,800
King Edition Diesel 1.5L Turbo Manual Dual Tone	₹ 23,06,526	₹ 19,00,800
King Edition Diesel 1.5L Turbo Automatic (TC) Dual Tone	₹ 24,17,316	₹ 19,92,800
King Edition Petrol 1.5L Turbo Automatic (DCT) Dual Tone	₹ 24,12,698	₹ 20,06,300
SX Premium Diesel 1.5L Turbo Manual	₹ 21,76,350	₹ 17,92,700
SX Premium Petrol 1.5L CVT Speed Automatic (CVT)	₹ 21,22,479	₹ 17,78,700
SX Premium Petrol 1.5L CVT Speed Automatic (CVT) Dual Tone	₹ 21,40,231	₹ 17,93,700
SX Premium Diesel 1.5L Turbo Manual Dual Tone	₹ 21,94,413	₹ 18,07,700
King Lounge Edition Petrol 1.5L CVT Speed Automatic (CVT)	₹ 22,73,619	₹ 19,21,700
King Lounge Edition Petrol 1.5L Automatic (CVT) Dual Tone	₹ 22,91,157	₹ 19,36,700
King Lounge Edition Diesel 1.5L Turbo Automatic (TC)	₹ 24,63,202	₹ 20,30,700
King Lounge Edition Diesel 1.5L Turbo Automatic (TC) Dual Tone	₹ 24,81,199	₹ 20,45,700
King Knight Edition Petrol 1.5L CVT Speed Automatic (CVT) Dual Tone	₹ 22,29,307	₹ 18,83,800

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 Petrol 1.5L Manual will be ₹ 20,393 but you will have to pay interest of ₹ 6,22,312 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 ₹ 41,000, but your interest payment will be only ₹ 3,85,300 over the 3 years period.

₹ 22,115
Hyundai Creta price starts from ₹ 13,08,385 in Mumbai.

We have considered
Down-payement : ₹ 2,17,685
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 ₹ 4,37,000

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 Creta starts from ₹ 13.08 Lakh, you can get a loan with an annual income as low as ₹ 4.37 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.