Toyota Urban Cruiser Hyryder Car Loan EMI Calculator

₹ 22,588.
Here is how - Toyota Urban Cruiser Hyryder price starts from ₹ 13,22,631 in Mumbai. If you pay a down payment of ₹ 2,08,631 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 22,588.

The cheapest Urban Cruiser Hyryder model is E NeoDrive which is priced at ₹ 13,22,631 in Mumbai. You will need to pay at least a ₹ 2,08,631 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 Urban Cruiser Hyryder.

Version	On-road price in Mumbai	Max Loan
S Hybrid	₹ 19,60,371	₹ 16,66,000
G Hybrid	₹ 21,96,756	₹ 18,69,000
V Hybrid	₹ 23,65,498	₹ 19,99,000
S E-CNG	₹ 15,55,368	₹ 13,71,000
G E-CNG	₹ 17,66,039	₹ 15,59,000
E NeoDrive	₹ 13,22,631	₹ 11,14,000
S NeoDrive	₹ 15,17,710	₹ 12,81,000
S AT NeoDrive	₹ 16,57,887	₹ 14,01,000
G NeoDrive	₹ 17,13,958	₹ 14,49,000
G AT NeoDrive	₹ 18,54,135	₹ 15,69,000
V NeoDrive	₹ 18,95,020	₹ 16,04,000
V AT NeoDrive	₹ 20,35,197	₹ 17,24,000
V AWD NeoDrive	₹ 20,70,241	₹ 17,54,000

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 Urban Cruiser Hyryder E NeoDrive will be ₹ 20,615 but you will have to pay interest of ₹ 6,17,660 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 ₹ 41,446, but your interest payment will be only ₹ 3,78,056 over the 3 years period.

₹ 22,588
Toyota Urban Cruiser Hyryder price starts from ₹ 13,22,631 in Mumbai.

We have considered
Down-payement : ₹ 2,08,631
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Urban Cruiser Hyryder with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 4,41,000

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 Urban Cruiser Hyryder starts from ₹ 13.23 Lakh, you can get a loan with an annual income as low as ₹ 4.41 lakh.

Here are the most important things you should consider while getting a car loan for a new Urban Cruiser Hyryder

• 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.