Kia Sonet Car Loan EMI Calculator

₹ 15,795.
Here is how - Kia Sonet price starts from ₹ 9,12,907 in Mumbai. If you pay a down payment of ₹ 1,33,907 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 15,795.

The cheapest Sonet model is HTE 1.2 which is priced at ₹ 9,12,907 in Mumbai. You will need to pay at least a ₹ 1,33,907 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 Sonet.

Version	On-road price in Mumbai	Max Loan
HTE 1.2	₹ 9,12,907	₹ 7,79,000
HTK 1.2	₹ 10,17,053	₹ 8,70,000
HTK Plus 1.2	₹ 11,24,633	₹ 9,64,000
HTK Plus 1.0 iMT	₹ 12,37,044	₹ 10,49,000
HTX 1.0 iMT	₹ 13,48,741	₹ 11,45,000
HTX 1.0 DCT	₹ 14,11,571	₹ 11,99,000
HTX Plus 1.0 iMT	₹ 14,99,999	₹ 12,75,000
GTX Plus 1.0 iMT	₹ 15,39,558	₹ 13,09,000
GTX Plus 1.0 DCT	₹ 16,09,369	₹ 13,69,000
X Line 1.0 DCT	₹ 16,68,273	₹ 13,89,000
HTE 1.5 Diesel iMT	₹ 11,80,815	₹ 9,95,000
HTK 1.5 Diesel iMT	₹ 12,88,858	₹ 10,69,000
HTK Plus 1.5 Diesel iMT	₹ 13,71,854	₹ 11,39,000
HTX 1.5 Diesel iMT	₹ 14,73,823	₹ 12,25,000
HTX 1.5 Diesel AT	₹ 15,68,677	₹ 13,05,000
HTX Plus 1.5 Diesel iMT	₹ 16,27,960	₹ 13,55,000
GTX Plus 1.5 Diesel iMT	₹ 16,68,273	₹ 13,89,000
GTX Plus 1.5 Diesel AT	₹ 17,63,126	₹ 14,69,000
X Line 1.5 Diesel AT	₹ 17,86,841	₹ 14,89,000
HTX Plus 1.0 iMT Dual Tone	₹ 15,11,634	₹ 12,85,000
GTX Plus 1.0 iMT Dual Tone	₹ 15,51,194	₹ 13,19,000
GTX Plus 1.0 DCT Dual Tone	₹ 16,21,005	₹ 13,79,000
HTX Plus 1.5 Diesel iMT Dual Tone	₹ 16,39,816	₹ 13,65,000
GTX Plus 1.5 Diesel iMT Dual Tone	₹ 16,80,130	₹ 13,99,000
GTX Plus 1.5 AT Dual Tone	₹ 17,74,984	₹ 14,79,000
Aurochs Edition 1.0 iMT	₹ 14,02,603	₹ 11,85,000
Aurochs Edition 1.0 7DCT	₹ 14,65,645	₹ 12,39,000
Aurochs Edition 1.5 Diesel iMT	₹ 15,29,030	₹ 12,65,000
Aurochs Edition 1.5 Diesel AT	₹ 16,24,198	₹ 13,45,000

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 Sonet HTE 1.2 will be ₹ 14,229 but you will have to pay interest of ₹ 4,16,236 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 ₹ 28,607, but your interest payment will be only ₹ 2,50,852 over the 3 years period.

₹ 15,795
Kia Sonet price starts from ₹ 9,12,907 in Mumbai.

We have considered
Down-payement : ₹ 1,33,907
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Sonet with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 3,05,000

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 Sonet starts from ₹ 9.13 Lakh, you can get a loan with an annual income as low as ₹ 3.05 lakh.

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

• 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.