Hyundai Xcent Car Loan EMI Calculator

₹ 11,829.
Here is how - Hyundai Xcent price starts from ₹ 6,84,941 in Mumbai. If you pay a down payment of ₹ 1,01,543 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 11,829.

The cheapest Xcent model is E which is priced at ₹ 6,84,941 in Mumbai. You will need to pay at least a ₹ 1,01,543 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 Xcent.

Version	On-road price in Mumbai	Max Loan
E	₹ 6,84,941	₹ 5,83,398
E Plus	₹ 6,99,364	₹ 6,03,990
S	₹ 7,57,354	₹ 6,46,827
SX	₹ 8,28,304	₹ 7,08,974
SX (O)	₹ 9,16,722	₹ 7,86,422
S AT	₹ 8,60,827	₹ 7,37,462
E CRDi	₹ 8,04,443	₹ 6,75,994
E Plus CRDi	₹ 8,23,562	₹ 7,00,266
S CRDi	₹ 8,85,317	₹ 7,45,591
SX CRDi	₹ 9,51,488	₹ 8,02,534
SX (O)CRDi	₹ 10,41,583	₹ 8,80,066

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 Xcent E will be ₹ 10,676 but you will have to pay interest of ₹ 3,13,386 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 ₹ 21,464, but your interest payment will be only ₹ 1,89,306 over the 3 years period.

₹ 11,829
Hyundai Xcent price starts from ₹ 6,84,941 in Mumbai.

We have considered
Down-payement : ₹ 1,01,543
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 2,29,000

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 Xcent starts from ₹ 6.85 Lakh, you can get a loan with an annual income as low as ₹ 2.29 lakh.

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

• 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.