Maruti Suzuki Victoris Car Loan EMI Calculator

₹ 21,287.
Here is how - Maruti Suzuki Victoris price starts from ₹ 12,50,162 in Mumbai. If you pay a down payment of ₹ 2,00,318 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 21,287.

The cheapest Victoris model is LXi 2WD Petrol 1.5L Manual which is priced at ₹ 12,50,162 in Mumbai. You will need to pay at least a ₹ 2,00,318 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 Victoris.

Version	On-road price in Mumbai	Max Loan
LXi 2WD Petrol 1.5L Manual	₹ 12,50,162	₹ 10,49,844
VXi 2WD Petrol 1.5L Manual	₹ 14,02,157	₹ 11,79,843
ZXi 2WD Petrol 1.5L Manual	₹ 16,09,107	₹ 13,56,844
ZXi (O) 2WD Petrol 1.5L Manual	₹ 16,68,736	₹ 14,07,844
ZXi Plus 2WD Petrol 1.5L Manual	₹ 18,08,444	₹ 15,23,844
ZXi Plus (O) 2WD Petrol 1.5L Manual	₹ 18,76,257	₹ 15,81,843
VXi 2WD Petrol 1.5L Automatic (TC)	₹ 15,84,554	₹ 13,35,844
ZXi 2WD Petrol 1.5L Automatic (TC)	₹ 17,95,582	₹ 15,12,844
ZXi (O) 2WD Petrol 1.5L Automatic (TC)	₹ 18,55,211	₹ 15,63,843
ZXi Plus 2WD Petrol 1.5L Automatic (TC)	₹ 20,36,505	₹ 17,18,900
ZXi Plus (O) 2WD Petrol 1.5L Automatic (TC)	₹ 21,04,252	₹ 17,76,844
ZXi Plus AWD Petrol 1.5L Automatic (TC)	₹ 22,06,039	₹ 18,63,900
ZXi Plus (O) AWD Petrol 1.5L Automatic (TC)	₹ 22,73,853	₹ 19,21,900
VXi 2WD Hybrid (Electric + Petrol) 1.5L Automatic (e-CVT)	₹ 19,41,732	₹ 16,37,843
ZXi 2WD Hybrid (Electric + Petrol) 1.5L Automatic (e-CVT)	₹ 21,07,826	₹ 17,79,900
ZXi (O) 2WD Hybrid (Electric + Petrol) 1.5L Automatic (e-CVT)	₹ 21,76,809	₹ 18,38,900
ZXi Plus 2WD Hybrid (Electric + Petrol) 1.5L Automatic (e-CVT)	₹ 23,03,083	₹ 19,46,900
ZXi Plus (O) 2WD Hybrid (Electric + Petrol) 1.5L Automatic (e-CVT)	₹ 23,63,881	₹ 19,98,900
ZXi 2WD CNG 1.5L Manual	₹ 16,81,449	₹ 14,56,844
ZXi 2WD CNG 1.5L Manual Dual Tone	₹ 16,98,983	₹ 14,72,244
ZXi 2WD Petrol 1.5L Manual Dual Tone	₹ 16,27,113	₹ 13,72,244
ZXi (O) 2WD Petrol 1.5L Manual Dual Tone	₹ 16,86,742	₹ 14,23,244
LXi 2WD CNG 1.5L Manual	₹ 13,31,896	₹ 11,49,843
VXi 2WD CNG 1.5L Manual	₹ 14,79,915	₹ 12,79,844
ZXi Plus 2WD Petrol 1.5L Manual Dual Tone	₹ 18,26,450	₹ 15,39,244
ZXi Plus (O) 2WD Petrol 1.5L Manual Dual Tone	₹ 18,94,263	₹ 15,97,243
ZXi 2WD Petrol 1.5L Automatic (TC) Dual Tone	₹ 18,13,588	₹ 15,28,244
ZXi (O) 2WD Petrol 1.5L Automatic (TC) Dual Tone	₹ 18,73,217	₹ 15,79,243
ZXi Plus 2WD Petrol 1.5L Automatic (TC) Dual Tone	₹ 20,54,443	₹ 17,34,243
ZXi Plus (O) 2WD Petrol 1.5L Automatic (TC) Dual Tone	₹ 21,22,258	₹ 17,92,244
ZXi Plus AWD Petrol 1.5L Automatic (TC) Dual Tone	₹ 22,23,979	₹ 18,79,244
ZXi Plus (O) AWD Petrol 1.5L Automatic (TC) Dual Tone	₹ 22,91,791	₹ 19,37,243
ZXi 2WD Hybrid (Electric + Petrol) 1.5L Automatic (e-CVT) Dual Tone	₹ 21,25,765	₹ 17,95,244
ZXi (O) 2WD Hybrid (Electric + Petrol) 1.5L Automatic (e-CVT) Dual Tone	₹ 21,94,749	₹ 18,54,244
ZXi Plus 2WD Hybrid (Electric + Petrol) 1.5L Automatic (e-CVT) Dual Tone	₹ 23,21,022	₹ 19,62,244
ZXi Plus (O) 2WD Hybrid (Electric + Petrol) 1.5L Automatic (e-CVT) Dual Tone	₹ 23,63,814	₹ 19,98,843

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 Victoris LXi 2WD Petrol 1.5L Manual will be ₹ 19,485 but you will have to pay interest of ₹ 5,86,896 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 ₹ 39,176, but your interest payment will be only ₹ 3,60,492 over the 3 years period.

₹ 21,287
Maruti Suzuki Victoris price starts from ₹ 12,50,162 in Mumbai.

We have considered
Down-payement : ₹ 2,00,318
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 4,17,000

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 Victoris starts from ₹ 12.50 Lakh, you can get a loan with an annual income as low as ₹ 4.17 lakh.

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

• 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.