Hyundai Venue Car Loan EMI Calculator

₹ 16,101.
Here is how - Hyundai Venue price starts from ₹ 9,29,349 in Mumbai. If you pay a down payment of ₹ 1,35,249 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 16,101.

The cheapest Venue model is E 1.2 Petrol which is priced at ₹ 9,29,349 in Mumbai. You will need to pay at least a ₹ 1,35,249 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 Venue.

Version	On-road price in Mumbai	Max Loan
SX (O) 1.0 Turbo Petrol MT Knight Edition	₹ 14,99,312	₹ 12,74,100
SX (O) 1.0 Turbo Petrol MT Knight Edition Dual Tone	₹ 15,16,809	₹ 12,89,100
SX (O) 1.0 Turbo Petrol DCT Knight Edition	₹ 15,86,010	₹ 13,42,100
SX (O) 1.0 Turbo Petrol DCT Knight Edition Dual Tone	₹ 15,96,123	₹ 13,57,100
SX (O) MT 1.0 Turbo Petrol	₹ 14,74,935	₹ 12,53,200
SX (O) MT 1.0 Turbo Petrol Dual Tone	₹ 14,92,431	₹ 12,68,200
SX (O) 1.0 Turbo Petrol DCT	₹ 15,66,963	₹ 13,32,100
SX (O) 1.0 Turbo Petrol DCT Dual Tone	₹ 15,83,836	₹ 13,47,100
SX (O) MT 1.5 Diesel	₹ 16,08,176	₹ 13,37,600
SX (O) MT 1.5 Diesel Dual Tone	₹ 16,25,954	₹ 13,52,600
E 1.2 Petrol	₹ 9,29,349	₹ 7,94,100
S (O) 1.0 Turbo Petrol MT	₹ 12,77,813	₹ 10,84,200
SX 1.2 Petrol	₹ 13,19,536	₹ 11,14,300
SX 1.2 Petrol Dual Tone	₹ 13,44,563	₹ 11,29,300
SX 1.2 Petrol MT Knight Edition	₹ 13,57,963	₹ 11,47,200
SX 1.2 Petrol MT Knight Edition Dual Tone	₹ 13,75,482	₹ 11,62,200
S (O) 1.0 Turbo Petrol DCT	₹ 14,06,934	₹ 11,94,900
S Plus 1.5 Diesel	₹ 13,01,591	₹ 10,79,700
SX 1.5 Diesel	₹ 14,99,286	₹ 12,46,000
SX 1.5 Diesel Dual Tone	₹ 15,17,117	₹ 12,61,000
Executive 1.0 Turbo Petrol MT	₹ 11,59,188	₹ 9,99,990
S (O) Plus 1.2 Petrol	₹ 11,73,070	₹ 9,99,900
E Plus 1.2 Petrol	₹ 9,72,957	₹ 8,32,100
SX 1.2 Petrol Adventure Edition	₹ 13,38,107	₹ 11,30,200
SX (O) 1.0 Turbo Petrol DCT Adventure Edition	₹ 15,84,343	₹ 13,47,000
SX 1.2 Petrol Adventure Edition Dual Tone	₹ 13,55,626	₹ 11,45,200
SX (O) 1.0 Turbo Petrol DCT Adventure Edition Dual Tone	₹ 16,01,838	₹ 13,62,000
S 1.2 Petrol	₹ 10,90,457	₹ 9,28,000
S Plus 1.2 Petrol MT	₹ 11,19,182	₹ 9,53,000
S (O) 1.2 Petrol	₹ 11,65,519	₹ 9,99,900
S (O) 1.2 Petrol Knight Edition	₹ 12,33,722	₹ 10,34,500
S (O) Plus 1.2 Petrol Adventure Edition	₹ 12,36,295	₹ 10,36,700
SX Executive 1.2 Petrol MT	₹ 12,86,103	₹ 10,79,300

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 Venue E 1.2 Petrol will be ₹ 14,485 but you will have to pay interest of ₹ 4,22,640 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 ₹ 29,122, but your interest payment will be only ₹ 2,54,292 over the 3 years period.

₹ 16,101
Hyundai Venue price starts from ₹ 9,29,349 in Mumbai.

We have considered
Down-payement : ₹ 1,35,249
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 3,10,000

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 Venue starts from ₹ 9.29 Lakh, you can get a loan with an annual income as low as ₹ 3.10 lakh.

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

• 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.