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      Jeep Grand Cherokee Car Loan EMI Calculator

      Jeep Grand Cherokee EMI starts at 1,63,225 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 15.79 Lakh. Jeep Grand Cherokee price starts at ₹ 96.29 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      Jeep Grand Cherokee
      JeepGrand Cherokee₹ 96.29 Lakh

      Variant

      Limited (O) 4x4 AT

      Right Arrow

      City

      Mumbai

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      Adjust Grand Cherokee Car Loan Parameters

      On-Road Price

      ₹ 96,28,567

      Grand Cherokee Limited (O) 4x4 AT EMI

      1,63,225 for 5 Years

      Down Payment
      Loan Tenure (Months)
      Bank Interest Rate
      %

      Jeep Grand Cherokee Limited (O) 4x4 AT Car Loan EMI

      On-Road Price₹ 96,28,567
      Ex-Showroom Price₹ 8050000
      Max Loan Amount₹ 8050000
      Down Payment as per your Selectiont₹ 15,78,567
      Loan Amount₹ 80,50,000
      EMI Amount 1,63,225
      Interest Component17,43,500(17.8%)
      Principal Component80,50,000(82.2%)
      Total Payable over 5 Years97,93,500
      Note: This doesn't include bank processing fee.

      Jeep Grand Cherokee Loan Repayment Schedule

      This table helps you understand, how much loan payment will be pending at the end of the each year of the loan. This way, you can arrive at the amount you will need if you decide to pre-pay your loan.

      MonthsPrincipal PaidInterest PaidBalance Loan
      12₹ 13,63,999₹ 5,94,701₹ 66,86,001
      24₹ 14,77,209₹ 4,81,491₹ 52,08,792
      36₹ 15,99,818₹ 3,58,882₹ 36,08,974
      48₹ 17,32,602₹ 2,26,098₹ 18,76,372
      60₹ 18,76,372₹ 82,292₹ 0

      Jeep Grand Cherokee EMI

      Jeep Grand Cherokee Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 15,78,567

      On-Road Price in MumbaiMin Down PaymentEMI
      Limited (O) 4x4 AT

      ₹ 96,28,567

      ₹15,78,567₹1,63,225

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      Explore more about Jeep Grand Cherokee

      Jeep Grand Cherokee
      Jeep Grand Cherokee
      ₹ 96.29 Lakh On-Road Price, Mumbai

      Grand Cherokee EMI FAQs

      ₹ 1,63,225.
      Here is how - Jeep Grand Cherokee price starts from ₹ 96,28,567 in Mumbai. If you pay a down payment of ₹ 15,78,567 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 1,63,225.
      The cheapest Grand Cherokee model is Limited (O) 4x4 AT which is priced at ₹ 96,28,567 in Mumbai. You will need to pay at least a ₹ 15,78,567 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 Grand Cherokee.
      VersionOn-road price in MumbaiMax Loan
      Limited (O) 4x4 AT₹ 96,28,567₹ 80,50,000

      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 Grand Cherokee Limited (O) 4x4 AT will be ₹ 1,50,073 but you will have to pay interest of ₹ 45,56,132 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 ₹ 3,01,724, but your interest payment will be only ₹ 28,12,064 over the 3 years period.