Renault Scala [2012-2017] Car Loan EMI Calculator

₹ 15,388.
Here is how - Renault Scala [2012-2017] price starts from ₹ 7,58,901 in Pune. If you pay a down payment of ₹ 0 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 15,388.

Here is a model wise list of max loan amount for Scala [2012-2017].

Version	On-road price in Pune	Max Loan
RxZ Diesel	₹ 10,90,447	₹ 9,14,322
RxL Petrol	₹ 9,08,405	₹ 7,72,705
RxL Diesel	₹ 10,34,169	₹ 8,68,063

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 Scala [2012-2017] RxE Petrol will be ₹ 11,828 but you will have to pay interest of ₹ 2,34,651 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 ₹ 23,781, but your interest payment will be only ₹ 97,215 over the 3 years period.

₹ 15,388
Renault Scala [2012-2017] price starts from ₹ 7,58,901 in Pune.

We have considered
Down-payement : ₹ 0
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Scala [2012-2017] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 2,53,000

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 Scala [2012-2017] starts from ₹ 7.59 Lakh, you can get a loan with an annual income as low as ₹ 2.53 lakh.

Here are the most important things you should consider while getting a car loan for a new Scala [2012-2017]

• 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.