Hyundai Tucson Car Loan EMI Calculator

₹ 59,345.
Here is how - Hyundai Tucson price starts from ₹ 34,88,037 in Mumbai. If you pay a down payment of ₹ 5,61,237 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 59,345.

The cheapest Tucson model is Platinum 2.0 AT Petrol which is priced at ₹ 34,88,037 in Mumbai. You will need to pay at least a ₹ 5,61,237 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 Tucson.

Version	On-road price in Mumbai	Max Loan
Platinum 2.0 AT Petrol	₹ 34,88,037	₹ 29,26,800
Signature 2.0 AT Petrol	₹ 37,83,380	₹ 31,77,100
Signature 2.0 AT Petrol Dual Tone	₹ 38,01,080	₹ 31,92,100
Platinum 2.0 AT Diesel	₹ 38,34,719	₹ 31,64,800
Signature 2.0 AT Diesel	₹ 41,59,527	₹ 34,35,300
Signature 2.0 AT Diesel Dual Tone	₹ 41,77,539	₹ 34,50,300
Signature 2.0 4WD AT Diesel	₹ 43,44,326	₹ 35,89,200
Signature 2.0 4WD AT Diesel Dual Tone	₹ 43,62,337	₹ 36,04,200

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 Tucson Platinum 2.0 AT Petrol will be ₹ 54,365 but you will have to pay interest of ₹ 16,39,860 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 ₹ 1,09,302, but your interest payment will be only ₹ 10,08,072 over the 3 years period.

₹ 59,345
Hyundai Tucson price starts from ₹ 34,88,037 in Mumbai.

We have considered
Down-payement : ₹ 5,61,237
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 11,63,000

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 Tucson starts from ₹ 34.88 Lakh, you can get a loan with an annual income as low as ₹ 11.63 lakh.

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

• 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.