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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

        Version

        2.0 S MT

        Right Arrow

        City

        Mumbai

        Right Arrow

        Adjust Elantra Car Loan Parameters

        On-Road Price

        ₹ 18,83,239

        Elantra 2.0 S MT EMI

        32,219 for 5 Years

        Down Payment
        Loan Tenure (Months)
        Bank Interest Rate
        %

        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.