Maruti Suzuki Grand Vitara Car Loan EMI Calculator

₹ 21,828.
Here is how - Maruti Suzuki Grand Vitara price starts from ₹ 12,68,221 in Mumbai. If you pay a down payment of ₹ 1,91,721 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 21,828.

The cheapest Grand Vitara model is Sigma 2WD Petrol 1.5L Manual which is priced at ₹ 12,68,221 in Mumbai. You will need to pay at least a ₹ 1,91,721 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 2WD Petrol 1.5L Manual	₹ 12,68,221	₹ 10,76,500
Delta 2WD Petrol 1.5L Manual	₹ 14,22,892	₹ 12,09,700
Delta 2WD Petrol 1.5L Automatic (TC)	₹ 15,79,652	₹ 13,44,700
Zeta 2WD Petrol 1.5L Manual	₹ 16,09,031	₹ 13,70,000
Zeta 2WD Petrol 1.5L Manual Dual Tone	₹ 16,26,913	₹ 13,85,400
Zeta (O) 2WD Petrol 1.5L Manual	₹ 16,46,821	₹ 13,89,100
Zeta (O) 2WD Petrol 1.5L Manual Dual Tone	₹ 16,64,827	₹ 14,04,500
Zeta 2WD Petrol 1.5L Automatic (TC)	₹ 17,65,791	₹ 15,05,000
Zeta 2WD Petrol 1.5L Automatic (TC) Dual Tone	₹ 17,83,674	₹ 15,20,400
Zeta (O) 2WD Petrol 1.5L Automatic (TC)	₹ 18,08,744	₹ 15,24,100
Zeta (O) 2WD Petrol 1.5L Automatic (TC) Dual Tone	₹ 18,26,749	₹ 15,39,500
Alpha 2WD Petrol 1.5L Manual	₹ 17,82,860	₹ 15,19,700
Alpha 2WD Petrol 1.5L Manual Dual Tone	₹ 18,00,743	₹ 15,35,100
Alpha (O) 2WD Petrol 1.5L Manual	₹ 18,25,814	₹ 15,38,700
Alpha (O) 2WD Petrol 1.5L Manual Dual Tone	₹ 18,43,820	₹ 15,54,100
Alpha 2WD Petrol 1.5L Automatic (TC)	₹ 19,39,622	₹ 16,54,700
Alpha 2WD Petrol 1.5L Automatic (TC) Dual Tone	₹ 19,57,504	₹ 16,70,100
Alpha (O) 2WD Petrol 1.5L Automatic (TC)	₹ 19,83,656	₹ 16,73,700
Alpha (O) 2WD Petrol 1.5L Automatic (TC) Dual Tone	₹ 20,01,662	₹ 16,89,100
Alpha AWD Petrol 1.5L Automatic (TC)	₹ 21,07,995	₹ 17,99,700
Alpha AWD Petrol 1.5L Automatic (TC) Dual Tone	₹ 21,25,877	₹ 18,15,100
Alpha (O) AWD Petrol 1.5L Automatic (TC)	₹ 21,75,228	₹ 18,57,600
Alpha (O) AWD Petrol 1.5L Automatic (TC) Dual Tone	₹ 21,93,110	₹ 18,73,000
Delta Plus 2WD Hybrid (Electric + Petrol) 1.5L Automatic (e-CVT)	₹ 19,49,608	₹ 16,63,300
Zeta Plus 2WD Hybrid (Electric + Petrol) 1.5L Automatic (e-CVT)	₹ 20,98,589	₹ 17,91,600
Zeta Plus 2WD Hybrid (Electric + Petrol) 1.5L Automatic (e-CVT) Dual Tone	₹ 21,16,472	₹ 18,07,000
Zeta Plus (O) 2WD Hybrid (Electric + Petrol) 1.5L Automatic (e-CVT)	₹ 21,66,752	₹ 18,50,300
Zeta Plus (O) 2WD Hybrid (Electric + Petrol) 1.5L Automatic (e-CVT) Dual Tone	₹ 21,84,633	₹ 18,65,700
Alpha Plus 2WD Hybrid (Electric + Petrol) 1.5L Automatic (e-CVT)	₹ 22,82,753	₹ 19,50,200
Alpha Plus 2WD Hybrid (Electric + Petrol) 1.5L Automatic (e-CVT) Dual Tone	₹ 23,00,636	₹ 19,65,600
Alpha Plus (O) 2WD Hybrid (Electric + Petrol) 1.5L Automatic (e-CVT)	₹ 22,90,650	₹ 19,57,000
Alpha Plus (O) 2WD Hybrid (Electric + Petrol) 1.5L Automatic (e-CVT) Dual Tone	₹ 23,08,533	₹ 19,72,400
Delta 2WD CNG 1.5L Manual	₹ 14,86,832	₹ 12,99,700
Zeta 2WD CNG 1.5L Manual	₹ 17,02,576	₹ 14,75,400

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 2WD Petrol 1.5L Manual will be ₹ 19,767 but you will have to pay interest of ₹ 5,83,928 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 ₹ 39,741, but your interest payment will be only ₹ 3,54,176 over the 3 years period.

₹ 21,828
Maruti Suzuki Grand Vitara price starts from ₹ 12,68,221 in Mumbai.

We have considered
Down-payement : ₹ 1,91,721
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 ₹ 4,23,000

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 ₹ 12.68 Lakh, you can get a loan with an annual income as low as ₹ 4.23 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.