Isuzu V-Cross Car Loan EMI Calculator

₹ 51,710.
Here is how - Isuzu V-Cross price starts from ₹ 31,08,488 in Mumbai. If you pay a down payment of ₹ 5,58,228 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 51,710.

The cheapest V-Cross model is Z 4WD Diesel Turbo Manual which is priced at ₹ 31,08,488 in Mumbai. You will need to pay at least a ₹ 5,58,228 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 V-Cross.

Version	On-road price in Mumbai	Max Loan
Z Prestige 4WD Diesel Turbo Manual	₹ 32,87,917	₹ 26,99,590
Z Prestige 4WD Diesel Turbo Automatic	₹ 36,48,446	₹ 29,99,640
Z 4WD Diesel Turbo Manual	₹ 31,08,488	₹ 25,50,260

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 V-Cross Z 4WD Diesel Turbo Manual will be ₹ 48,450 but you will have to pay interest of ₹ 15,19,540 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 ₹ 97,409, but your interest payment will be only ₹ 9,56,464 over the 3 years period.

₹ 51,710
Isuzu V-Cross price starts from ₹ 31,08,488 in Mumbai.

We have considered
Down-payement : ₹ 5,58,228
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy V-Cross with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 10,37,000

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 V-Cross starts from ₹ 31.08 Lakh, you can get a loan with an annual income as low as ₹ 10.37 lakh.

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

• 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.