Maruti Suzuki Grand Vitara Car Loan EMI Calculator

₹ 23,156.
Here is how - Maruti Suzuki Grand Vitara price starts from ₹ 13,59,411 in Mumbai. If you pay a down payment of ₹ 2,17,411 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 23,156.

The cheapest Grand Vitara model is Sigma Smart Hybrid which is priced at ₹ 13,59,411 in Mumbai. You will need to pay at least a ₹ 2,17,411 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 Grand Vitara.

Version	On-road price in Mumbai	Max Loan
Sigma Smart Hybrid	₹ 13,59,411	₹ 11,42,000
Delta Smart Hybrid	₹ 14,89,194	₹ 12,53,000
Delta Smart Hybrid AT	₹ 16,52,882	₹ 13,93,000
Zeta Smart Hybrid	₹ 17,39,402	₹ 14,67,000
Zeta Smart Hybrid Dual Tone	₹ 17,58,110	₹ 14,83,000
Zeta (O) Smart Hybrid	₹ 18,13,634	₹ 15,27,000
Zeta (O) Smart Hybrid Dual Tone	₹ 18,32,342	₹ 15,43,000
Zeta Smart Hybrid AT	₹ 19,07,171	₹ 16,07,000
Zeta Smart Hybrid AT Dual Tone	₹ 19,25,878	₹ 16,23,000
Zeta (O) Smart Hybrid AT	₹ 19,77,323	₹ 16,67,000
Zeta (O) Smart Hybrid AT Dual Tone	₹ 19,96,031	₹ 16,83,000
Alpha Smart Hybrid	₹ 19,15,355	₹ 16,14,000
Alpha Smart Hybrid Dual Tone	₹ 19,34,063	₹ 16,30,000
Alpha (O) Smart Hybrid	₹ 19,85,507	₹ 16,74,000
Alpha (O) Smart Hybrid Dual Tone	₹ 20,04,215	₹ 16,90,000
Alpha AT Smart Hybrid	₹ 20,79,044	₹ 17,54,000
Alpha AT Smart Hybrid Dual Tone	₹ 20,97,751	₹ 17,70,000
Alpha (O) Smart Hybrid AT	₹ 21,49,196	₹ 18,14,000
Alpha (O) Smart Hybrid AT Dual Tone	₹ 21,67,904	₹ 18,30,000
Alpha Smart Hybrid AllGrip 4WD AT	₹ 22,54,424	₹ 19,04,000
Alpha Smart Hybrid AllGrip 4WD AT Dual Tone	₹ 22,73,132	₹ 19,20,000
Alpha (O) Smart Hybrid AllGrip 4WD AT	₹ 23,24,576	₹ 19,64,000
Alpha (O) Smart Hybrid AllGrip 4WD AT Dual Tone	₹ 23,43,284	₹ 19,80,000
Delta Plus Intelligent Hybrid eCVT	₹ 20,14,737	₹ 16,99,000
Zeta Plus Intelligent Hybrid eCVT	₹ 22,02,980	₹ 18,60,000
Zeta Plus Intelligent Hybrid eCVTDual Tone	₹ 22,21,686	₹ 18,76,000
Zeta Plus (O) Intelligent Hybrid eCVT	₹ 22,73,132	₹ 19,20,000
Zeta Plus (O) Intelligent Hybrid eCVT Dual Tone	₹ 22,91,839	₹ 19,36,000
Alpha Plus Intelligent Hybrid e-CVT	₹ 23,57,314	₹ 19,92,000
Alpha Plus Intelligent Hybrid e-CVT Dual Tone	₹ 23,96,502	₹ 20,08,000
Alpha Plus (O) Intelligent Hybrid e-CVT	₹ 24,48,397	₹ 20,52,000
Alpha Plus (O) Intelligent Hybrid e-CVT Dual Tone	₹ 24,67,267	₹ 20,68,000

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 Grand Vitara Sigma Smart Hybrid will be ₹ 21,188 but you will have to pay interest of ₹ 6,37,792 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 ₹ 42,599, but your interest payment will be only ₹ 3,91,564 over the 3 years period.

₹ 23,156
Maruti Suzuki Grand Vitara price starts from ₹ 13,59,411 in Mumbai.

We have considered
Down-payement : ₹ 2,17,411
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 4,54,000

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 Grand Vitara starts from ₹ 13.59 Lakh, you can get a loan with an annual income as low as ₹ 4.54 lakh.

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

• 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.