Maruti Suzuki Dzire Car Loan EMI Calculator

₹ 12,786.
Here is how - Maruti Suzuki Dzire price starts from ₹ 7,43,840 in Mumbai. If you pay a down payment of ₹ 1,13,240 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 12,786.

The cheapest Dzire model is LXi Petrol Manual which is priced at ₹ 7,43,840 in Mumbai. You will need to pay at least a ₹ 1,13,240 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 Dzire.

Version	On-road price in Mumbai	Max Loan
LXi Petrol Manual	₹ 7,43,840	₹ 6,30,600
VXi Petrol Manual	₹ 8,54,167	₹ 7,27,100
ZXi Petrol Manual	₹ 9,69,240	₹ 8,27,700
ZXi Plus Petrol Manual	₹ 10,47,669	₹ 8,96,300
ZXi Petrol Automatic (AMT)	₹ 10,21,187	₹ 8,72,700
VXi Petrol Automatic (AMT)	₹ 9,05,614	₹ 7,72,100
ZXi Plus Petrol Automatic (AMT)	₹ 10,99,616	₹ 9,41,300
VXi CNG Manual	₹ 9,32,739	₹ 8,18,100
ZXi CNG Manual	₹ 10,44,614	₹ 9,18,700
VXi CNG Automatic (AMT)	₹ 9,76,791	₹ 8,53,100
ZXi CNG Automatic (AMT)	₹ 10,89,303	₹ 9,53,700

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 Dzire LXi Petrol Manual will be ₹ 11,594 but you will have to pay interest of ₹ 3,43,296 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 ₹ 23,309, but your interest payment will be only ₹ 2,08,524 over the 3 years period.

₹ 12,786
Maruti Suzuki Dzire price starts from ₹ 7,43,840 in Mumbai.

We have considered
Down-payement : ₹ 1,13,240
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 2,48,000

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 Dzire starts from ₹ 7.44 Lakh, you can get a loan with an annual income as low as ₹ 2.48 lakh.

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

• 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.