Hyundai Tucson Car Loan EMI Calculator

₹ 58,053.
Here is how - Hyundai Tucson price starts from ₹ 34,15,329 in Mumbai. If you pay a down payment of ₹ 5,52,229 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 58,053.

The cheapest Tucson model is Platinum 2.0 AT Petrol which is priced at ₹ 34,15,329 in Mumbai. You will need to pay at least a ₹ 5,52,229 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
Signature 2.0 4WD AT Diesel	₹ 42,77,377	₹ 35,31,400
Signature 2.0 4WD AT Diesel Dual Tone	₹ 42,95,269	₹ 35,46,300
Platinum 2.0 AT Diesel	₹ 37,74,616	₹ 31,12,700
Signature 2.0 AT Diesel	₹ 40,95,101	₹ 33,79,600
Platinum 2.0 AT Petrol	₹ 34,15,329	₹ 28,63,100
Signature 2.0 AT Petrol	₹ 37,06,661	₹ 31,10,000
Signature 2.0 AT Petrol Dual Tone	₹ 37,24,362	₹ 31,25,000
Signature 2.0 AT Diesel Dual Tone	₹ 41,13,112	₹ 33,94,600

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 ₹ 53,232 but you will have to pay interest of ₹ 16,08,388 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 ₹ 1,07,024, but your interest payment will be only ₹ 9,89,764 over the 3 years period.

₹ 58,053
Hyundai Tucson price starts from ₹ 34,15,329 in Mumbai.

We have considered
Down-payement : ₹ 5,52,229
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 ₹ 11,39,000

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 ₹ 34.15 Lakh, you can get a loan with an annual income as low as ₹ 11.39 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.