Hyundai Exter Car Loan EMI Calculator

₹ 11,772.
Here is how - Hyundai Exter price starts from ₹ 6,91,799 in Mumbai. If you pay a down payment of ₹ 1,11,199 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 11,772.

The cheapest Exter model is HX 2 Petrol Manual which is priced at ₹ 6,91,799 in Mumbai. You will need to pay at least a ₹ 1,11,199 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 Exter.

Version	On-road price in Mumbai	Max Loan
HX 3 Petrol Automatic	₹ 8,24,192	₹ 6,94,600
HX 10 Petrol Automatic	₹ 11,15,687	₹ 9,45,600
HX 4 Plus Petrol Automatic	₹ 9,57,745	₹ 8,09,600
HX 8 Petrol Automatic	₹ 10,76,202	₹ 9,11,600
HX 4 Petrol Manual	₹ 8,62,517	₹ 7,27,600
HX 8 Petrol Manual	₹ 9,92,585	₹ 8,39,600
HX 6 Petrol Manual	₹ 9,44,970	₹ 7,98,600
HX 3 Petrol Manual	₹ 7,48,705	₹ 6,29,600
HX 2 Petrol Manual	₹ 6,91,799	₹ 5,80,600
HX 6 Petrol Automatic	₹ 10,14,650	₹ 8,58,600
HX 2 CNG Manual	₹ 8,09,860	₹ 6,99,900
HX 3 CNG Manual	₹ 8,60,458	₹ 7,44,600
HX 8 CNG Manual	₹ 10,83,456	₹ 9,41,600
HX 6 CNG Manual	₹ 10,30,253	₹ 8,94,600
HX 4 CNG Manual	₹ 9,54,413	₹ 8,27,600
HX 10 Petrol Automatic Dual Tone	₹ 11,33,107	₹ 9,60,600
HX 6 Petrol Automatic Dual Tone	₹ 10,32,071	₹ 8,73,600
HX 6 Petrol Manual Dual Tone	₹ 9,62,391	₹ 8,13,600
HX 6 CNG Manual Dual Tone	₹ 10,39,982	₹ 9,09,600
HX 3 Petrol Manual Matte	₹ 7,60,270	₹ 6,44,600
HX 8 Petrol Manual Matte	₹ 10,04,620	₹ 8,54,600
HX 3 Petrol Automatic Matte	₹ 8,34,955	₹ 7,09,600
HX 4 Petrol Manual Matte	₹ 8,72,872	₹ 7,42,600
HX 6 Petrol Manual Matte	₹ 9,57,511	₹ 8,13,600
HX 4 Plus Petrol Automatic Matte	₹ 9,70,150	₹ 8,24,600
HX 4 CNG Manual Matte	₹ 9,65,049	₹ 8,42,600
HX 8 CNG Manual Matte	₹ 10,92,546	₹ 9,56,600
HX 6 CNG Manual Matte	₹ 10,47,233	₹ 9,09,600
HX 8 Petrol Automatic Matte	₹ 10,87,348	₹ 9,26,600
HX 10 Petrol Automatic Matte	₹ 11,26,415	₹ 9,60,600
HX 6 Petrol Automatic Matte	₹ 10,26,451	₹ 8,73,600
HX 3 CNG Manual Matte	₹ 8,69,161	₹ 7,59,600
HX 6 Petrol Manual Knight	₹ 9,57,396	₹ 8,13,500
HX 6 CNG Manual Knight	₹ 10,39,870	₹ 9,09,500
HX 10 Petrol Automatic Knight	₹ 11,26,300	₹ 9,60,500
HX 6 Petrol Automatic Knight	₹ 10,26,336	₹ 8,73,500

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 Exter HX 2 Petrol Manual will be ₹ 10,783 but you will have to pay interest of ₹ 3,25,172 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 ₹ 21,678, but your interest payment will be only ₹ 1,99,808 over the 3 years period.

₹ 11,772
Hyundai Exter price starts from ₹ 6,91,799 in Mumbai.

We have considered
Down-payement : ₹ 1,11,199
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 2,31,000

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 Exter starts from ₹ 6.92 Lakh, you can get a loan with an annual income as low as ₹ 2.31 lakh.

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

• 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.