Tata Safari Storme 2019 Car Loan EMI Calculator

₹ 22,687.
Here is how - Tata Safari Storme 2019 price starts from ₹ 13,77,613 in Mumbai. If you pay a down payment of ₹ 2,58,718 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 22,687.

The cheapest Safari Storme 2019 model is 2.2 LX 4x2 which is priced at ₹ 13,77,613 in Mumbai. You will need to pay at least a ₹ 2,58,718 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 Safari Storme 2019.

Version	On-road price in Mumbai	Max Loan
2.2 LX 4x2	₹ 13,77,613	₹ 11,18,895
2.2 EX 4X2	₹ 15,99,493	₹ 13,05,528
2.2 VX 4x2	₹ 15,66,228	₹ 13,37,244
2.2 VX 4x4	₹ 17,24,920	₹ 14,74,353
2.2 VX 4x2 Varicor400	₹ 17,89,284	₹ 14,65,168
2.2 VX 4x4 Varicor400	₹ 19,85,288	₹ 16,30,035
2.2 Ex 4X4	₹ 18,38,359	₹ 15,33,618

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 Safari Storme 2019 2.2 LX 4x2 will be ₹ 21,472 but you will have to pay interest of ₹ 6,84,753 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 ₹ 43,169, but your interest payment will be only ₹ 4,35,189 over the 3 years period.

₹ 22,687
Tata Safari Storme 2019 price starts from ₹ 13,77,613 in Mumbai.

We have considered
Down-payement : ₹ 2,58,718
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Safari Storme 2019 with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 4,60,000

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 Safari Storme 2019 starts from ₹ 13.78 Lakh, you can get a loan with an annual income as low as ₹ 4.60 lakh.

Here are the most important things you should consider while getting a car loan for a new Safari Storme 2019

• 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.