Hyundai i10 [2010-2017] Car Loan EMI Calculator

₹ 7,786.
Here is how - Hyundai i10 [2010-2017] price starts from ₹ 4,21,601 in Junagadh. If you pay a down payment of ₹ 37,609 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 7,786.

The cheapest i10 [2010-2017] model is D-Lite 1.1 iRDE2 which is priced at ₹ 4,21,601 in Junagadh. You will need to pay at least a ₹ 37,609 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 Junagadh	Max Loan
Asta 1.2 Kappa2	₹ 6,14,707	₹ 5,60,392
Asta 1.2 AT Kappa2 with Sunroof	₹ 6,96,348	₹ 6,35,554
Sportz 1.2 Kappa2	₹ 5,29,871	₹ 4,83,669
Sportz 1.2 AT Kappa2	₹ 5,94,647	₹ 5,41,924
Magna 1.2 Kappa2	₹ 4,95,962	₹ 4,52,451
D-Lite 1.1 iRDE2	₹ 4,21,601	₹ 3,83,992
Era 1.1 iRDE2 [2010-2017]	₹ 5,03,337	₹ 4,48,290
Magna 1.1 iRDE2 [2010-2017]	₹ 5,29,704	₹ 4,72,351
Sportz 1.2 Kappa2 (O)	₹ 5,65,092	₹ 5,14,714
Era 1.1 LPG	₹ 4,90,773	₹ 4,47,674
Magna 1.1 LPG	₹ 5,00,124	₹ 4,56,283
1.1L iRDE ERA Special Edition	₹ 4,76,846	₹ 4,34,852
1.2 L Kappa Magna Special Edition	₹ 5,13,268	₹ 4,68,384
Sportz 1.1 LPG [2010-2017]	₹ 5,96,185	₹ 5,31,645
Sportz 1.1 iRDE2 [2010--2017]	₹ 5,64,262	₹ 5,02,516
1.1L iRDE Magna Special Edition	₹ 5,33,282	₹ 4,84,791

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 ₹ 6,571 but you will have to pay interest of ₹ 1,67,972 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 ₹ 13,211, but your interest payment will be only ₹ 91,604 over the 3 years period.

₹ 7,786
Hyundai i10 [2010-2017] price starts from ₹ 4,21,601 in Junagadh.

We have considered
Down-payement : ₹ 37,609
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 ₹ 1,41,000

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 i10 [2010-2017] starts from ₹ 4.22 Lakh, you can get a loan with an annual income as low as ₹ 1.41 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.