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      Hyundai Elantra Car Loan EMI Calculator

      Hyundai Elantra EMI starts at 32,219 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 2.94 Lakh. Hyundai Elantra price starts at ₹ 18.83 Lakh and goes up to ₹ 25.70 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      Hyundai Elantra
      HyundaiElantra₹ 18.83 - 25.70 Lakh

      Variant

      2.0 S MT

      Right Arrow

      City

      Mumbai

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      Adjust Elantra Car Loan Parameters

      On-Road Price

      ₹ 18,83,239

      Elantra 2.0 S MT EMI

      32,219 for 5 Years

      %

      Hyundai Elantra 2.0 S MT Car Loan EMI

      On-Road Price₹ 18,83,239
      Ex-Showroom Price₹ 1589000
      Max Loan Amount₹ 1589000
      Down Payment as per your Selectiont₹ 2,94,239
      Loan Amount₹ 15,89,000
      EMI Amount 32,219
      Interest Component3,44,140(17.8%)
      Principal Component15,89,000(82.2%)
      Total Payable over 5 Years19,33,140
      Note: This doesn't include bank processing fee.

      Hyundai Elantra 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₹ 2,69,245₹ 1,17,383₹ 13,19,755
      24₹ 2,91,590₹ 95,038₹ 10,28,165
      36₹ 3,15,793₹ 70,835₹ 7,12,372
      48₹ 3,42,002₹ 44,626₹ 3,70,370
      60₹ 3,70,370₹ 16,239₹ 0

      Hyundai Elantra EMI

      Hyundai Elantra Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 2,94,239

      On-Road Price in MumbaiMin Down PaymentEMI
      2.0 S MT

      ₹ 18,83,239

      ₹2,94,239₹32,219
      SX 2.0 MT

      ₹ 21,24,675

      ₹3,38,575₹36,216
      SX (O) 2.0 AT

      ₹ 24,06,938

      ₹3,95,838₹40,778
      SX 2.0 AT

      ₹ 22,44,494

      ₹3,55,394₹38,304
      SX 1.5 MT

      ₹ 22,81,864

      ₹3,93,764₹38,284
      SX (O) 1.5 AT

      ₹ 25,69,760

      ₹4,56,660₹42,846

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      Explore more about Hyundai Elantra

      Hyundai Elantra
      Hyundai Elantra
      ₹ 18.83 - 25.70 Lakh On-Road Price, Mumbai

      Elantra EMI FAQs

      ₹ 32,219.
      Here is how - Hyundai Elantra price starts from ₹ 18,83,239 in Mumbai. If you pay a down payment of ₹ 2,94,239 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 32,219.
      The cheapest Elantra model is 2.0 S MT which is priced at ₹ 18,83,239 in Mumbai. You will need to pay at least a ₹ 2,94,239 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 Elantra.
      VersionOn-road price in MumbaiMax Loan
      2.0 S MT₹ 18,83,239₹ 15,89,000
      SX 2.0 MT₹ 21,24,675₹ 17,86,100
      SX (O) 2.0 AT₹ 24,06,938₹ 20,11,100
      SX 2.0 AT₹ 22,44,494₹ 18,89,100
      SX 1.5 MT₹ 22,81,864₹ 18,88,100
      SX (O) 1.5 AT₹ 25,69,760₹ 21,13,100

      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 Elantra 2.0 S MT will be ₹ 29,353 but you will have to pay interest of ₹ 8,76,652 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 ₹ 59,014, but your interest payment will be only ₹ 5,35,504 over the 3 years period.