Tata Indica Vista [2012-2014] Car Loan EMI Calculator

₹ 8,392.
Here is how - Tata Indica Vista [2012-2014] price starts from ₹ 4,76,831 in Mumbai. If you pay a down payment of ₹ 62,937 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 8,392.

The cheapest Indica Vista [2012-2014] model is GLS Safire65 which is priced at ₹ 4,76,831 in Mumbai. You will need to pay at least a ₹ 62,937 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 Indica Vista [2012-2014].

Version	On-road price in Mumbai	Max Loan
LS Quadrajet BS IV	₹ 5,94,175	₹ 5,11,387
LX Quadrajet	₹ 6,81,911	₹ 5,89,000
VX Quadrajet BS IV	₹ 6,69,407	₹ 5,77,088
ZX Quadrajet	₹ 7,56,318	₹ 6,53,936
LS TDI BS-III	₹ 5,60,452	₹ 4,83,000
LX TDI BS-III	₹ 6,10,869	₹ 5,27,000
GLS Safire65	₹ 4,76,831	₹ 4,13,894
GLX Safire65 BS IV	₹ 5,38,408	₹ 4,72,000
GVX Safire65 BS IV	₹ 5,66,554	₹ 4,97,000
GVX Safire90	₹ 6,84,529	₹ 6,01,788
GZX Safire90	₹ 7,42,906	₹ 6,53,640
GLX Safire90	₹ 6,31,067	₹ 5,54,302
D90 ZX+ BS IV	₹ 7,74,642	₹ 6,69,928
D90 VX BS IV	₹ 6,94,329	₹ 5,98,854

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 Indica Vista [2012-2014] GLS Safire65 will be ₹ 7,432 but you will have to pay interest of ₹ 2,10,394 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 ₹ 14,942, but your interest payment will be only ₹ 1,24,018 over the 3 years period.

₹ 8,392
Tata Indica Vista [2012-2014] price starts from ₹ 4,76,831 in Mumbai.

We have considered
Down-payement : ₹ 62,937
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Indica Vista [2012-2014] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 1,59,000

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 Indica Vista [2012-2014] starts from ₹ 4.77 Lakh, you can get a loan with an annual income as low as ₹ 1.59 lakh.

Here are the most important things you should consider while getting a car loan for a new Indica Vista [2012-2014]

• 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.