Maruti Suzuki Ciaz Car Loan EMI Calculator

₹ 16,620.
Here is how - Maruti Suzuki Ciaz price starts from ₹ 9,48,270 in Mumbai. If you pay a down payment of ₹ 1,28,582 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 16,620.

The cheapest Ciaz model is Sigma Hybrid 1.5 [2018-2020] which is priced at ₹ 9,48,270 in Mumbai. You will need to pay at least a ₹ 1,28,582 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 Ciaz.

Version	On-road price in Mumbai	Max Loan
Sigma Hybrid 1.5 [2018-2020]	₹ 9,48,270	₹ 8,19,688
Delta Hybrid 1.5 [2018-2020]	₹ 10,18,685	₹ 8,81,688
Zeta Hybrid 1.5 [2018-2020]	₹ 11,06,137	₹ 9,58,689
Alpha Hybrid 1.5 [2018-2020]	₹ 11,50,431	₹ 9,97,689
Delta Hybrid 1.5 AT [2018-2020]	₹ 11,31,122	₹ 9,80,688
Zeta Hybrid 1.5 AT [2018-2020]	₹ 12,38,449	₹ 10,58,689
Alpha Hybrid 1.5 AT [2018-2020]	₹ 12,84,587	₹ 10,98,689
Sigma 1.3 Diesel	₹ 10,80,606	₹ 9,19,689
Delta 1.3 Diesel	₹ 11,51,129	₹ 9,80,689
Zeta 1.3 Diesel	₹ 12,64,741	₹ 10,62,689
Alpha 1.3 Diesel	₹ 13,11,695	₹ 11,02,689
Delta 1.5 Diesel	₹ 11,70,784	₹ 9,97,689
Zeta 1.5 Diesel	₹ 13,19,325	₹ 11,09,189
Alpha 1.5 Diesel	₹ 13,53,365	₹ 11,38,189
S 1.5 MT [2020-2023]	₹ 12,99,431	₹ 11,09,500
Sigma 1.5 [2020-2023]	₹ 10,91,255	₹ 9,30,000
Delta 1.5 [2020-2023]	₹ 11,60,196	₹ 9,90,000
Zeta 1.5 [2020-2023]	₹ 12,26,962	₹ 10,30,000
Alpha 1.5 Hybrid [2020-2023]	₹ 13,19,328	₹ 11,09,000
Delta 1.5 AT [2020-2023]	₹ 13,20,498	₹ 11,10,000
Zeta 1.5 AT [2020-2023]	₹ 13,67,266	₹ 11,50,000
Alpha 1.5 AT [2020-2023]	₹ 14,59,632	₹ 12,29,000
Alpha 1.5 Dual Tone [2023]	₹ 13,38,036	₹ 11,25,000
Alpha 1.5 AT Dual Tone [2023]	₹ 14,78,340	₹ 12,45,000
Sigma Petrol 1.5L 5 Speed Manual	₹ 10,67,165	₹ 9,09,034
Delta Petrol 1.5L 5 Speed Manual	₹ 11,31,510	₹ 9,65,034
Zeta Petrol 1.5L 5 Speed Manual	₹ 11,98,415	₹ 10,05,586
Alpha Petrol 1.5L 5 Speed Manual	₹ 12,88,162	₹ 10,82,345
Delta Petrol 1.5L Automatic (TC)	₹ 12,76,874	₹ 10,72,690
Alpha Petrol 1.5L 5 Speed Manual Dual Tone	₹ 13,06,224	₹ 10,97,793
Zeta Petrol 1.5L Automatic (TC)	₹ 13,22,593	₹ 11,11,793
Alpha Petrol 1.5L Automatic (TC)	₹ 14,12,340	₹ 11,88,552
Alpha Petrol 1.5L Automatic (TC) Dual Tone	₹ 14,30,402	₹ 12,04,000

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 Ciaz Sigma Hybrid 1.5 [2018-2020] will be ₹ 14,780 but you will have to pay interest of ₹ 4,21,832 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 ₹ 29,715, but your interest payment will be only ₹ 2,50,052 over the 3 years period.

₹ 16,620
Maruti Suzuki Ciaz price starts from ₹ 9,48,270 in Mumbai.

We have considered
Down-payement : ₹ 1,28,582
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 3,17,000

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 Ciaz starts from ₹ 9.48 Lakh, you can get a loan with an annual income as low as ₹ 3.17 lakh.

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

• 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.