Maruti Suzuki Swift Dzire [2015-2017] Car Loan EMI Calculator

₹ 11,362.
Here is how - Maruti Suzuki Swift Dzire [2015-2017] price starts from ₹ 6,08,674 in Kolkata. If you pay a down payment of ₹ 48,300 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 11,362.

The cheapest Swift Dzire [2015-2017] model is LXI which is priced at ₹ 6,08,674 in Kolkata. You will need to pay at least a ₹ 48,300 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 Swift Dzire [2015-2017].

Version	On-road price in Kolkata	Max Loan
LXI	₹ 6,08,674	₹ 5,60,374
LXI (O)	₹ 6,16,011	₹ 5,55,690
VXI	₹ 6,94,246	₹ 6,27,332
ZXI	₹ 8,02,607	₹ 7,26,561
LDI	₹ 7,58,228	₹ 6,85,922
VDI	₹ 8,11,836	₹ 7,35,009
ZDI	₹ 9,24,868	₹ 8,35,769
VXI AT	₹ 7,89,828	₹ 7,14,860
VXI AT ABS	₹ 8,12,474	₹ 7,35,597
LXI ABS	₹ 6,38,660	₹ 5,76,430
LDI ABS	₹ 7,81,169	₹ 7,06,930
VXI ABS	₹ 7,16,891	₹ 6,48,068
VDi ABS	₹ 8,25,601	₹ 7,47,613
ZDI AMT	₹ 9,81,079	₹ 8,87,243

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 Swift Dzire [2015-2017] LXI will be ₹ 9,487 but you will have to pay interest of ₹ 2,36,534 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 ₹ 19,074, but your interest payment will be only ₹ 1,26,290 over the 3 years period.

₹ 11,362
Maruti Suzuki Swift Dzire [2015-2017] price starts from ₹ 6,08,674 in Kolkata.

We have considered
Down-payement : ₹ 48,300
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Swift Dzire [2015-2017] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 2,03,000

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 Swift Dzire [2015-2017] starts from ₹ 6.09 Lakh, you can get a loan with an annual income as low as ₹ 2.03 lakh.

Here are the most important things you should consider while getting a car loan for a new Swift Dzire [2015-2017]

• 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.