Maruti Suzuki Dzire Car Loan EMI Calculator

₹ 13,210.
Here is how - Maruti Suzuki Dzire price starts from ₹ 7,64,341 in Mumbai. If you pay a down payment of ₹ 1,12,841 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 13,210.

The cheapest Dzire model is LXi which is priced at ₹ 7,64,341 in Mumbai. You will need to pay at least a ₹ 1,12,841 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	₹ 7,64,341	₹ 6,51,500
VXi	₹ 8,70,384	₹ 7,44,250
VXi AGS	₹ 9,33,267	₹ 7,99,250
ZXi	₹ 9,48,129	₹ 8,12,250
ZXi AGS	₹ 10,11,012	₹ 8,67,250
ZXi Plus	₹ 10,29,877	₹ 8,83,750
ZXi Plus AGS	₹ 10,92,760	₹ 9,38,750
VXi CNG	₹ 9,44,072	₹ 8,39,250
ZXi CNG	₹ 10,18,990	₹ 9,07,250

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 will be ₹ 11,913 but you will have to pay interest of ₹ 3,49,192 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 ₹ 23,952, but your interest payment will be only ₹ 2,10,772 over the 3 years period.

₹ 13,210
Maruti Suzuki Dzire price starts from ₹ 7,64,341 in Mumbai.

We have considered
Down-payement : ₹ 1,12,841
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 ₹ 2,55,000

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 ₹ 7.64 Lakh, you can get a loan with an annual income as low as ₹ 2.55 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.