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      Jeep Meridian Car Loan EMI Calculator

      Jeep Meridian EMI starts at 68,129 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 7.50 Lakh. Jeep Meridian price starts at ₹ 41.10 Lakh and goes up to ₹ 48.45 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      Jeep Meridian
      JeepMeridian₹ 41.10 - 48.45 Lakh

      Variant

      Limited (O) 4x2 MT

      Right Arrow

      City

      Mumbai

      Right Arrow

      Adjust Meridian Car Loan Parameters

      On-Road Price

      ₹ 41,10,038

      Meridian Limited (O) 4x2 MT EMI

      68,129 for 5 Years

      Down Payment
      Loan Tenure (Months)
      Bank Interest Rate
      %

      Jeep Meridian Limited (O) 4x2 MT Car Loan EMI

      On-Road Price₹ 41,10,038
      Ex-Showroom Price₹ 3360000
      Max Loan Amount₹ 3360000
      Down Payment as per your Selectiont₹ 7,50,038
      Loan Amount₹ 33,60,000
      EMI Amount 68,129
      Interest Component7,27,740(17.8%)
      Principal Component33,60,000(82.2%)
      Total Payable over 5 Years40,87,740
      Note: This doesn't include bank processing fee.

      Jeep Meridian 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₹ 5,69,327₹ 2,48,221₹ 27,90,673
      24₹ 6,16,583₹ 2,00,965₹ 21,74,090
      36₹ 6,67,758₹ 1,49,790₹ 15,06,332
      48₹ 7,23,184₹ 94,364₹ 7,83,148
      60₹ 7,83,148₹ 34,341₹ 0

      Jeep Meridian EMI

      Jeep Meridian Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 7,50,038

      On-Road Price in MumbaiMin Down PaymentEMI
      Limited (O) 4x2 MT

      ₹ 41,10,038

      ₹7,50,038₹68,129
      Limited (O) 4x2 AT

      ₹ 43,42,787

      ₹7,90,787₹72,022
      Limited (O) 4x4 AT

      ₹ 46,68,881

      ₹8,47,881₹77,476
      Limited Plus 4x2 AT

      ₹ 44,16,735

      ₹8,03,735₹73,259
      Limited Plus 4x4 AT

      ₹ 47,41,616

      ₹8,60,616₹78,693
      Overland 4x2 AT

      ₹ 45,18,564

      ₹8,21,564₹74,962
      Overland 4x4 AT

      ₹ 48,44,657

      ₹8,78,657₹80,416

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      Explore more about Jeep Meridian

      Jeep Meridian
      Jeep Meridian
      ₹ 41.10 - 48.45 LakhOn-Road Price, Mumbai

      Meridian EMI FAQs

      ₹ 68,129.
      Here is how - Jeep Meridian price starts from ₹ 41,10,038 in Mumbai. If you pay a down payment of ₹ 7,50,038 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 68,129.
      The cheapest Meridian model is Limited (O) 4x2 MT which is priced at ₹ 41,10,038 in Mumbai. You will need to pay at least a ₹ 7,50,038 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 Meridian.
      VersionOn-road price in MumbaiMax Loan
      Limited (O) 4x2 MT₹ 41,10,038₹ 33,60,000
      Limited (O) 4x2 AT₹ 43,42,787₹ 35,52,000
      Limited (O) 4x4 AT₹ 46,68,881₹ 38,21,000
      Limited Plus 4x2 AT₹ 44,16,735₹ 36,13,000
      Limited Plus 4x4 AT₹ 47,41,616₹ 38,81,000
      Overland 4x2 AT₹ 45,18,564₹ 36,97,000
      Overland 4x4 AT₹ 48,44,657₹ 39,66,000

      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 Meridian Limited (O) 4x2 MT will be ₹ 64,060 but you will have to pay interest of ₹ 20,21,040 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 ₹ 1,28,794, but your interest payment will be only ₹ 12,76,584 over the 3 years period.