Tata Indigo Marina [2004-2010] Car Loan EMI Calculator

₹ 8,778.
Here is how - Tata Indigo Marina [2004-2010] price starts from ₹ 4,72,108 in Mumbai. If you pay a down payment of ₹ 39,214 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 8,778.

The cheapest Indigo Marina [2004-2010] model is GLE BS-II which is priced at ₹ 4,72,108 in Mumbai. You will need to pay at least a ₹ 39,214 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 Indigo Marina [2004-2010].

Version	On-road price in Mumbai	Max Loan
LS BS-II	₹ 5,41,762	₹ 4,97,727
LS BS-III	₹ 6,07,075	₹ 5,41,898
LX BS-II	₹ 5,85,454	₹ 5,38,394
LX BS-III	₹ 7,09,400	₹ 6,34,459
GLE BS-II	₹ 4,72,108	₹ 4,32,894
GLE BS-III	₹ 4,72,108	₹ 4,32,894
GLS BS-II	₹ 5,02,147	₹ 4,60,854
GLS BS-III	₹ 5,52,165	₹ 4,92,228
GLX BS-II	₹ 5,40,905	₹ 4,96,929
GLX BS-III	₹ 5,92,361	₹ 5,28,589
LX Dicor BS-III	₹ 7,09,287	₹ 6,34,357
SX BS-III	₹ 7,10,606	₹ 6,41,683
GSX BS-III	₹ 6,52,626	₹ 5,88,880

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 Indigo Marina [2004-2010] GLE BS-II will be ₹ 7,358 but you will have to pay interest of ₹ 1,85,178 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 ₹ 14,794, but your interest payment will be only ₹ 99,690 over the 3 years period.

₹ 8,778
Tata Indigo Marina [2004-2010] price starts from ₹ 4,72,108 in Mumbai.

We have considered
Down-payement : ₹ 39,214
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Indigo Marina [2004-2010] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 1,58,000

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 Indigo Marina [2004-2010] starts from ₹ 4.72 Lakh, you can get a loan with an annual income as low as ₹ 1.58 lakh.

Here are the most important things you should consider while getting a car loan for a new Indigo Marina [2004-2010]

• 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.