Kia Seltos [2019-2022] Car Loan EMI Calculator

₹ 20,053.
Here is how - Kia Seltos [2019-2022] price starts from ₹ 11,48,428 in Mumbai. If you pay a down payment of ₹ 1,59,428 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 20,053.

The cheapest Seltos [2019-2022] model is HTE 1.5 [2019-2020] which is priced at ₹ 11,48,428 in Mumbai. You will need to pay at least a ₹ 1,59,428 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 Seltos [2019-2022].

Version	On-road price in Mumbai	Max Loan
HTE 1.5 [2019-2020]	₹ 11,48,428	₹ 9,89,000
HTK 1.5 [2019-2020]	₹ 12,12,375	₹ 10,29,000
HTK Plus 1.5 [2019-2020]	₹ 13,51,697	₹ 11,49,000
HTX 1.5 [2019-2020]	₹ 15,37,462	₹ 13,09,000
HTX IVT 1.5 [2019-2020]	₹ 16,53,565	₹ 14,09,000
GTK 1.4 [2019-2020]	₹ 16,18,734	₹ 13,79,000
GTX Plus 1.4 [2019-2020]	₹ 19,08,990	₹ 16,29,000
GTX AT 1.4 [2019-2020]	₹ 19,08,990	₹ 16,29,000
HTE 1.5 Diesel [2019-2020]	₹ 12,39,273	₹ 10,34,000
HTK 1.5 Diesel [2019-2020]	₹ 13,81,045	₹ 11,54,000
HTK Plus 1.5 Diesel [2019-2020]	₹ 14,99,186	₹ 12,54,000
HTX 1.5 Diesel [2019-2020]	₹ 16,88,214	₹ 14,14,000
HTX Plus 1.5 Diesel [2019-2020]	₹ 18,29,984	₹ 15,34,000
HTK Plus AT 1.5 Diesel [2019-2020]	₹ 16,17,329	₹ 13,54,000
GTX 1.4 [2019-2020]	₹ 17,92,887	₹ 15,29,000
HTX Plus AT 1.5 Diesel [2019-2020]	₹ 19,48,128	₹ 16,34,000
HTX 1.5 Dual Tone [2019-2020]	₹ 15,60,683	₹ 13,29,000
HTX IVT 1.5 Dual Tone [2019-2020]	₹ 16,76,785	₹ 14,29,000
GTK 1.4 Dual Tone [2019-2020]	₹ 16,41,954	₹ 13,99,000
GTX 1.4 Dual Tone [2019-2020]	₹ 18,16,108	₹ 15,49,000
GTX AT 1.4 Dual Tone [2019-2020]	₹ 19,32,209	₹ 16,49,000
HTX 1.5 Diesel Dual Tone [2019-2020]	₹ 17,11,842	₹ 14,34,000
GTX Plus AT 1.4 [2019-2020]	₹ 20,25,092	₹ 17,29,000
GTX Plus AT 1.5 Diesel [2019-2020]	₹ 20,66,270	₹ 17,34,000
HTE 1.5 [2020-2021]	₹ 11,44,963	₹ 9,89,000
HTX 1.5 [2020-2021]	₹ 15,78,556	₹ 13,45,000
HTK Plus 1.5 [2020-2021]	₹ 13,74,072	₹ 11,69,000
HTK 1.5 [2020-2021]	₹ 12,46,270	₹ 10,59,000
HTX CVT 1.5 [2020-2021]	₹ 16,94,740	₹ 14,45,000
GTX Plus DCT 1.4 [2020-2021]	₹ 20,24,704	₹ 17,29,000
GTX 1.4	₹ 18,34,161	₹ 15,65,000
GTX Plus 1.4 [2020-2021]	₹ 19,31,756	₹ 16,49,000
HTX Plus 1.5 Diesel [2020-2021]	₹ 18,58,994	₹ 15,59,000
GTX Plus AT 1.5 Diesel [2020-2021]	₹ 20,78,891	₹ 17,45,000
HTX Plus AT 1.5 Diesel	₹ 19,77,218	₹ 16,59,000
HTK Plus AT 1.5 Diesel [2020-2021]	₹ 16,46,190	₹ 13,79,000
HTX 1.5 Diesel [2020-2021]	₹ 17,36,041	₹ 14,55,000
HTK Plus 1.5 Diesel [2020-2021]	₹ 15,27,966	₹ 12,79,000
HTK 1.5 Diesel [2020-2021]	₹ 13,97,919	₹ 11,69,000
HTE 1.5 Diesel [2020-2021]	₹ 12,38,999	₹ 10,35,000
GTX Plus 1.4 Dual Tone	₹ 20,33,445	₹ 17,15,000
GTX Plus 1.4 DCT Dual Tone	₹ 21,38,674	₹ 18,05,000
GTX Plus 1.5 Diesel AT Dual Tone	₹ 22,11,184	₹ 18,35,000
HTX Plus 1.5 Diesel AT Dual Tone	₹ 21,75,496	₹ 18,05,000
HTX Plus 1.5 Diesel Dual Tone	₹ 20,01,813	₹ 16,59,000
Anniversary Edition 1.5	₹ 16,68,081	₹ 14,06,000
Anniversary Edition 1.5 CVT	₹ 17,89,082	₹ 15,06,000
Anniversary Edition 1.5 Diesel	₹ 18,31,700	₹ 15,16,000
HTE 1.5	₹ 12,15,600	₹ 10,19,000
HTK 1.5	₹ 13,39,536	₹ 11,25,000
HTK Plus 1.5	₹ 14,68,148	₹ 12,35,000
HTK Plus 1.5 iMT	₹ 15,14,916	₹ 12,75,000
HTX 1.5	₹ 16,78,605	₹ 14,15,000
HTX 1.5 CVT	₹ 17,99,605	₹ 15,15,000
GTX (O) 1.4	₹ 18,81,449	₹ 15,85,000
GTX Plus 1.4	₹ 20,10,061	₹ 16,95,000
GTX Plus 1.4 DCT	₹ 21,15,289	₹ 17,85,000
HTE 1.5 Diesel	₹ 13,43,452	₹ 11,09,000
HTK 1.5 Diesel	₹ 14,98,100	₹ 12,39,000
HTK Plus 1.5 Diesel	₹ 16,28,957	₹ 13,49,000
HTK Plus 1.5 Diesel AT	₹ 17,47,917	₹ 14,49,000
HTX 1.5 Diesel	₹ 18,47,165	₹ 15,29,000
HTX Plus 1.5 Diesel	₹ 19,78,021	₹ 16,39,000
GTX Plus 1.5 Diesel AT	₹ 21,87,392	₹ 18,15,000
X Line 1.4 DCT	₹ 21,50,366	₹ 18,15,000
X Line 1.5 Diesel AT	₹ 22,23,080	₹ 18,45,000
HTX Plus 1.5 Diesel AT	₹ 20,25,605	₹ 16,79,000

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 Seltos [2019-2022] HTE 1.5 [2019-2020] will be ₹ 17,900 but you will have to pay interest of ₹ 5,14,600 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 ₹ 35,988, but your interest payment will be only ₹ 3,06,568 over the 3 years period.

₹ 20,053
Kia Seltos [2019-2022] price starts from ₹ 11,48,428 in Mumbai.

We have considered
Down-payement : ₹ 1,59,428
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Seltos [2019-2022] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 3,83,000

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 Seltos [2019-2022] starts from ₹ 11.48 Lakh, you can get a loan with an annual income as low as ₹ 3.83 lakh.

Here are the most important things you should consider while getting a car loan for a new Seltos [2019-2022]

• 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.