Citroen eC3 Car Loan EMI Calculator

₹ 24,311.
Here is how - Citroen eC3 price starts from ₹ 13,35,134 in Ahmedabad. If you pay a down payment of ₹ 1,36,134 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 24,311.

The cheapest eC3 model is Live which is priced at ₹ 13,35,134 in Ahmedabad. You will need to pay at least a ₹ 1,36,134 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 eC3.

Version	On-road price in Ahmedabad	Max Loan
Live	₹ 13,35,134	₹ 11,99,000
Feel	₹ 14,20,555	₹ 12,76,300
Feel Vibe Pack	₹ 14,37,131	₹ 12,91,300
Feel Vibe Pack Dual Tone	₹ 14,53,706	₹ 13,06,300
Shine	₹ 14,75,807	₹ 13,26,300
Shine Vibe Pack	₹ 14,92,383	₹ 13,41,300
Shine Dual Tone	₹ 14,92,383	₹ 13,41,300
Shine Vibe Pack Dual Tone	₹ 15,08,959	₹ 13,56,300
Feel Blu Edition 1.2 Petrol	₹ 14,13,372	₹ 12,69,800
Shine Blu Edition 1.2 Petrol	₹ 14,68,625	₹ 13,19,800
Feel Dual Tone	₹ 14,37,131	₹ 12,91,300

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 eC3 Live will be ₹ 20,810 but you will have to pay interest of ₹ 5,49,040 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 ₹ 41,838, but your interest payment will be only ₹ 3,07,168 over the 3 years period.

₹ 24,311
Citroen eC3 price starts from ₹ 13,35,134 in Ahmedabad.

We have considered
Down-payement : ₹ 1,36,134
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy eC3 with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 4,46,000

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 eC3 starts from ₹ 13.35 Lakh, you can get a loan with an annual income as low as ₹ 4.46 lakh.

Here are the most important things you should consider while getting a car loan for a new eC3

• 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.