Jaguar XJ L [2010-2014] Car Loan EMI Calculator

₹ 2,40,501.
Here is how - Jaguar XJ L [2010-2014] price starts from ₹ 1,18,61,122 in Mumbai. If you pay a down payment of ₹ 0 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 2,40,501.

Here is a model wise list of max loan amount for XJ L [2010-2014].

Version	On-road price in Mumbai	Max Loan
5.0 Petrol	₹ 1,51,57,118	₹ 1,23,23,415
3.0 Diesel	₹ 1,24,16,237	₹ 1,00,90,279

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 XJ L [2010-2014] 2.0 Petrol will be ₹ 1,84,870 but you will have to pay interest of ₹ 36,67,958 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 ₹ 3,71,684, but your interest payment will be only ₹ 15,19,502 over the 3 years period.

₹ 2,40,501
Jaguar XJ L [2010-2014] price starts from ₹ 1,18,61,122 in Mumbai.

We have considered
Down-payement : ₹ 0
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy XJ L [2010-2014] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 39,54,000

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 XJ L [2010-2014] starts from ₹ 1.19 Crore, you can get a loan with an annual income as low as ₹ 39.54 lakh.

Here are the most important things you should consider while getting a car loan for a new XJ L [2010-2014]

• 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.