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      Toyota Corolla Altis Car Loan EMI Calculator

      Toyota Corolla Altis EMI starts at 33,355 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 3.91 Lakh. Toyota Corolla Altis price starts at ₹ 20.36 Lakh and goes up to ₹ 25.07 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      Toyota Corolla Altis
      ToyotaCorolla Altis₹ 20.36 - 25.07 Lakh

      Variant

      G Petrol

      Right Arrow

      City

      Mumbai

      Right Arrow

      Adjust Corolla Altis Car Loan Parameters

      On-Road Price

      ₹ 20,36,174

      Corolla Altis G Petrol EMI

      33,355 for 5 Years

      %

      Toyota Corolla Altis G Petrol Car Loan EMI

      On-Road Price₹ 20,36,174
      Ex-Showroom Price₹ 1645000
      Max Loan Amount₹ 1645000
      Down Payment as per your Selectiont₹ 3,91,174
      Loan Amount₹ 16,45,000
      EMI Amount 33,355
      Interest Component3,56,300(17.8%)
      Principal Component16,45,000(82.2%)
      Total Payable over 5 Years20,01,300
      Note: This doesn't include bank processing fee.

      Toyota Corolla Altis Loan Repayment Schedule

      This table helps you understand, how much loan payment will be pending at the end of the each year of the loan. This way, you can arrive at the amount you will need if you decide to pre-pay your loan.

      MonthsPrincipal PaidInterest PaidBalance Loan
      12₹ 2,78,740₹ 1,21,520₹ 13,66,260
      24₹ 3,01,874₹ 98,386₹ 10,64,386
      36₹ 3,26,932₹ 73,328₹ 7,37,454
      48₹ 3,54,067₹ 46,193₹ 3,83,387
      60₹ 3,83,387₹ 16,806₹ 0

      Toyota Corolla Altis EMI

      Toyota Corolla Altis Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 3,91,174

      On-Road Price in MumbaiMin Down PaymentEMI
      G Petrol

      ₹ 20,36,174

      ₹3,91,174₹33,355
      G CVT Petrol

      ₹ 22,29,958

      ₹4,23,958₹36,619
      GL Petrol

      ₹ 23,21,436

      ₹4,39,436₹38,160
      VL CVT Petrol

      ₹ 25,06,928

      ₹4,87,928₹40,938
      G Diesel

      ₹ 22,03,008

      ₹4,32,008₹35,909
      GL Diesel

      ₹ 24,04,674

      ₹4,68,674₹39,255

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      Explore more about Toyota Corolla Altis

      Toyota Corolla Altis
      Toyota Corolla Altis
      ₹ 20.36 - 25.07 Lakh On-Road Price, Mumbai

      Corolla Altis EMI FAQs

      ₹ 33,355.
      Here is how - Toyota Corolla Altis price starts from ₹ 20,36,174 in Mumbai. If you pay a down payment of ₹ 3,91,174 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 33,355.
      The cheapest Corolla Altis model is G Petrol which is priced at ₹ 20,36,174 in Mumbai. You will need to pay at least a ₹ 3,91,174 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 Corolla Altis.
      VersionOn-road price in MumbaiMax Loan
      G Petrol₹ 20,36,174₹ 16,45,000
      G CVT Petrol₹ 22,29,958₹ 18,06,000
      GL Petrol₹ 23,21,436₹ 18,82,000
      VL CVT Petrol₹ 25,06,928₹ 20,19,000
      G Diesel₹ 22,03,008₹ 17,71,000
      GL Diesel₹ 24,04,674₹ 19,36,000

      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 Corolla Altis G Petrol will be ₹ 31,736 but you will have to pay interest of ₹ 10,20,824 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 ₹ 63,806, but your interest payment will be only ₹ 6,52,016 over the 3 years period.