Maruti Suzuki SX4 [2007-2013] Car Loan EMI Calculator

₹ 13,810.
Here is how - Maruti Suzuki SX4 [2007-2013] price starts from ₹ 7,55,145 in Mumbai. If you pay a down payment of ₹ 74,054 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 13,810.

The cheapest SX4 [2007-2013] model is VXi which is priced at ₹ 7,55,145 in Mumbai. You will need to pay at least a ₹ 74,054 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 SX4 [2007-2013].

Version	On-road price in Mumbai	Max Loan
VXi	₹ 7,55,145	₹ 6,81,091
ZXi	₹ 8,29,582	₹ 7,49,094
ZXi Leather Option	₹ 8,66,275	₹ 7,82,617
VXI BS-IV	₹ 8,53,860	₹ 7,56,311
ZXI MT LEATHER BS-IV	₹ 9,81,543	₹ 8,70,380
ZXI MT BS-IV	₹ 9,41,797	₹ 8,34,872
ZXI AT LEATHER BS-IV	₹ 10,66,363	₹ 9,46,157
ZXI AT BS-IV	₹ 10,26,617	₹ 9,10,649
VXI CNG BS-IV	₹ 8,92,129	₹ 8,19,795
VDI	₹ 10,06,472	₹ 8,79,690
ZDI	₹ 11,09,330	₹ 9,70,075
ZDI LEATHER	₹ 11,58,812	₹ 10,04,728
Celebration (Petrol)	₹ 9,59,957	₹ 8,51,095
Celebration (Diesel)	₹ 11,01,416	₹ 9,63,121

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 SX4 [2007-2013] VXi will be ₹ 11,770 but you will have to pay interest of ₹ 3,07,589 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 ₹ 23,663, but your interest payment will be only ₹ 1,70,777 over the 3 years period.

₹ 13,810
Maruti Suzuki SX4 [2007-2013] price starts from ₹ 7,55,145 in Mumbai.

We have considered
Down-payement : ₹ 74,054
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy SX4 [2007-2013] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 2,52,000

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 SX4 [2007-2013] starts from ₹ 7.55 Lakh, you can get a loan with an annual income as low as ₹ 2.52 lakh.

Here are the most important things you should consider while getting a car loan for a new SX4 [2007-2013]

• 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.