Toyota Urban Cruiser Hyryder Car Loan EMI Calculator

₹ 21,250.
Here is how - Toyota Urban Cruiser Hyryder price starts from ₹ 12,54,129 in Mumbai. If you pay a down payment of ₹ 2,06,129 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 21,250.

The cheapest Urban Cruiser Hyryder model is E NeoDrive which is priced at ₹ 12,54,129 in Mumbai. You will need to pay at least a ₹ 2,06,129 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
E NeoDrive	₹ 12,54,129	₹ 10,48,000
S NeoDrive	₹ 14,62,592	₹ 12,28,000
G NeoDrive	₹ 17,03,461	₹ 14,34,000
G AT NeoDrive	₹ 18,43,143	₹ 15,54,000
V NeoDrive	₹ 18,83,892	₹ 15,89,000
V AT NeoDrive	₹ 20,23,574	₹ 17,09,000
S Hybrid	₹ 18,41,782	₹ 15,61,000
G Hybrid	₹ 21,19,458	₹ 17,99,000
V Hybrid	₹ 22,94,463	₹ 19,49,000
S AT NeoDrive	₹ 16,02,274	₹ 13,48,000
V AWD NeoDrive	₹ 20,35,213	₹ 17,19,000
G E-CNG	₹ 17,16,694	₹ 15,29,000
S E-CNG	₹ 14,87,993	₹ 13,23,000

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 ₹ 19,547 but you will have to pay interest of ₹ 5,93,948 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 ₹ 39,300, but your interest payment will be only ₹ 3,66,800 over the 3 years period.

₹ 21,250
Toyota Urban Cruiser Hyryder price starts from ₹ 12,54,129 in Mumbai.

We have considered
Down-payement : ₹ 2,06,129
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 ₹ 4,19,000

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 ₹ 12.54 Lakh, you can get a loan with an annual income as low as ₹ 4.19 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.