Hyundai i10 [2010-2017] Car Loan EMI Calculator

₹ 7,620.
Here is how - Hyundai i10 [2010-2017] price starts from ₹ 4,17,214 in Delhi. If you pay a down payment of ₹ 41,422 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 7,620.

The cheapest i10 [2010-2017] model is D-Lite 1.1 iRDE2 which is priced at ₹ 4,17,214 in Delhi. You will need to pay at least a ₹ 41,422 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 i10 [2010-2017].

Version	On-road price in Delhi	Max Loan
Asta 1.2 Kappa2	₹ 6,03,562	₹ 5,48,357
Asta 1.2 AT Kappa2 with Sunroof	₹ 7,00,767	₹ 6,21,884
Sportz 1.2 Kappa2	₹ 5,23,290	₹ 4,73,300
Sportz 1.2 AT Kappa2	₹ 5,84,262	₹ 5,30,290
Magna 1.2 Kappa2	₹ 4,90,759	₹ 4,42,763
D-Lite 1.1 iRDE2	₹ 4,17,214	₹ 3,75,792
Era 1.1 iRDE2 [2010-2017]	₹ 4,81,569	₹ 4,38,141
Magna 1.1 iRDE2 [2010-2017]	₹ 5,06,895	₹ 4,61,681
Sportz 1.2 Kappa2 (O)	₹ 5,55,828	₹ 5,03,674
Era 1.1 LPG	₹ 4,85,767	₹ 4,38,091
Magna 1.1 LPG	₹ 4,90,308	₹ 4,46,232
1.1L iRDE ERA Special Edition	₹ 4,65,376	₹ 4,25,546
1.2 L Kappa Magna Special Edition	₹ 5,00,418	₹ 4,58,349
Sportz 1.1 LPG [2010-2017]	₹ 5,70,799	₹ 5,19,685
Sportz 1.1 iRDE2 [2010--2017]	₹ 5,38,643	₹ 4,91,190
1.1L iRDE Magna Special Edition	₹ 5,20,777	₹ 4,76,676

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 i10 [2010-2017] D-Lite 1.1 iRDE2 will be ₹ 6,503 but you will have to pay interest of ₹ 1,70,460 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 ₹ 13,074, but your interest payment will be only ₹ 94,872 over the 3 years period.

₹ 7,620
Hyundai i10 [2010-2017] price starts from ₹ 4,17,214 in Delhi.

We have considered
Down-payement : ₹ 41,422
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy i10 [2010-2017] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 1,40,000

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 i10 [2010-2017] starts from ₹ 4.17 Lakh, you can get a loan with an annual income as low as ₹ 1.40 lakh.

Here are the most important things you should consider while getting a car loan for a new i10 [2010-2017]

• 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.