Maruti Suzuki Dzire Car Loan EMI Calculator

₹ 13,768.
Here is how - Maruti Suzuki Dzire price starts from ₹ 8,01,295 in Mumbai. If you pay a down payment of ₹ 1,22,295 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 13,768.

The cheapest Dzire model is LXi which is priced at ₹ 8,01,295 in Mumbai. You will need to pay at least a ₹ 1,22,295 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	₹ 8,01,295	₹ 6,79,000
VXi	₹ 9,16,195	₹ 7,79,000
ZXi	₹ 10,45,645	₹ 8,89,000
ZXi Plus	₹ 11,37,566	₹ 9,69,000
ZXi AMT	₹ 10,97,350	₹ 9,33,999
VXi AMT	₹ 9,70,960	₹ 8,24,000
ZXi Plus AMT	₹ 12,09,754	₹ 10,14,000
VXi CNG	₹ 9,92,751	₹ 8,74,000
ZXi CNG	₹ 11,14,654	₹ 9,84,000

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 Dzire LXi will be ₹ 12,489 but you will have to pay interest of ₹ 3,70,076 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 ₹ 25,110, but your interest payment will be only ₹ 2,24,960 over the 3 years period.

₹ 13,768
Maruti Suzuki Dzire price starts from ₹ 8,01,295 in Mumbai.

We have considered
Down-payement : ₹ 1,22,295
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 ₹ 2,68,000

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 ₹ 8.01 Lakh, you can get a loan with an annual income as low as ₹ 2.68 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.