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      Toyota Innova [2015-2016] Car Loan EMI Calculator

      Toyota Innova [2015-2016] EMI starts at 27,864 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 2.28 Lakh. Toyota Innova [2015-2016] price starts at ₹ 16.02 Lakh and goes up to ₹ 20.45 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      Toyota Innova [2015-2016]
      ToyotaInnova [2015-2016]₹ 16.02 - 20.45 Lakh

      Variant

      2.5 G BS III 7 STR

      Right Arrow

      City

      Mumbai

      Right Arrow

      Adjust Innova [2015-2016] Car Loan Parameters

      On-Road Price

      ₹ 16,02,304

      Innova [2015-2016] 2.5 G BS III 7 STR EMI

      27,864 for 5 Years

      Down Payment
      Loan Tenure (Months)
      Bank Interest Rate
      %

      Toyota Innova [2015-2016] 2.5 G BS III 7 STR Car Loan EMI

      On-Road Price₹ 16,02,304
      Ex-Showroom Price₹ 1374210
      Max Loan Amount₹ 1374210
      Down Payment as per your Selectiont₹ 2,28,094
      Loan Amount₹ 13,74,210
      EMI Amount 27,864
      Interest Component2,97,630(17.8%)
      Principal Component13,74,210(82.2%)
      Total Payable over 5 Years16,71,840
      Note: This doesn't include bank processing fee.

      Toyota Innova [2015-2016] 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₹ 2,32,853₹ 1,01,515₹ 11,41,357
      24₹ 2,52,177₹ 82,191₹ 8,89,180
      36₹ 2,73,109₹ 61,259₹ 6,16,071
      48₹ 2,95,777₹ 38,591₹ 3,20,294
      60₹ 3,20,294₹ 14,042₹ 0

      Toyota Innova [2015-2016] EMI

      Toyota Innova [2015-2016] Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 2,28,094

      On-Road Price in MumbaiMin Down PaymentEMI
      2.5 G BS IV 8 STR

      ₹ 16,56,355

      ₹2,51,300₹28,489
      2.5 G BS IV 7 STR

      ₹ 16,50,605

      ₹2,50,484₹28,389
      2.5 GX BS IV 8 STR

      ₹ 17,21,407

      ₹2,60,257₹29,627
      2.5 GX BS IV 7 STR

      ₹ 17,15,656

      ₹2,59,440₹29,527
      2.5 VX BS IV 8 STR

      ₹ 19,66,831

      ₹2,94,047₹33,918
      2.5 VX BS IV 7 STR

      ₹ 19,61,081

      ₹2,93,231₹33,818
      2.5 ZX BS IV 7 STR

      ₹ 20,45,189

      ₹3,04,810₹35,289
      2.5 G BS III 8 STR

      ₹ 16,08,012

      ₹2,28,867₹27,964
      2.5 G BS III 7 STR

      ₹ 16,02,304

      ₹2,28,094₹27,864
      2.5 GX BS III 8 STR

      ₹ 16,72,908

      ₹2,37,660₹29,102
      2.5 GX BS III 7 STR

      ₹ 16,67,200

      ₹2,36,887₹29,002
      2.5 VX BS III 8 STR

      ₹ 19,21,747

      ₹2,74,833₹33,393
      2.5 VX BS III 7 STR

      ₹ 19,16,037

      ₹2,74,058₹33,293
      2.5 ZX BS III 7 STR

      ₹ 19,99,945

      ₹2,85,427₹34,764

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      Explore more about Toyota Innova [2015-2016]

      Toyota Innova [2015-2016]
      Toyota Innova [2015-2016]
      ₹ 16.02 - 20.45 LakhOn-Road Price, Mumbai

      Innova [2015-2016] EMI FAQs

      ₹ 27,864.
      Here is how - Toyota Innova [2015-2016] price starts from ₹ 16,02,304 in Mumbai. If you pay a down payment of ₹ 2,28,094 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 27,864.
      The cheapest Innova [2015-2016] model is 2.5 G BS III 7 STR which is priced at ₹ 16,02,304 in Mumbai. You will need to pay at least a ₹ 2,28,094 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 Innova [2015-2016].
      VersionOn-road price in MumbaiMax Loan
      2.5 G BS IV 8 STR₹ 16,56,355₹ 14,05,055
      2.5 G BS IV 7 STR₹ 16,50,605₹ 14,00,121
      2.5 GX BS IV 8 STR₹ 17,21,407₹ 14,61,150
      2.5 GX BS IV 7 STR₹ 17,15,656₹ 14,56,216
      2.5 VX BS IV 8 STR₹ 19,66,831₹ 16,72,784
      2.5 VX BS IV 7 STR₹ 19,61,081₹ 16,67,850
      2.5 ZX BS IV 7 STR₹ 20,45,189₹ 17,40,379
      2.5 G BS III 8 STR₹ 16,08,012₹ 13,79,145
      2.5 G BS III 7 STR₹ 16,02,304₹ 13,74,210
      2.5 GX BS III 8 STR₹ 16,72,908₹ 14,35,248
      2.5 GX BS III 7 STR₹ 16,67,200₹ 14,30,313
      2.5 VX BS III 8 STR₹ 19,21,747₹ 16,46,914
      2.5 VX BS III 7 STR₹ 19,16,037₹ 16,41,979
      2.5 ZX BS III 7 STR₹ 19,99,945₹ 17,14,518

      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 Innova [2015-2016] 2.5 G BS III 7 STR will be ₹ 24,974 but you will have to pay interest of ₹ 7,23,606 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 ₹ 50,210, but your interest payment will be only ₹ 4,33,350 over the 3 years period.