Hyundai i10 [2010-2017] Car Loan EMI Calculator

₹ 7,727.
Here is how - Hyundai i10 [2010-2017] price starts from ₹ 4,29,040 in Moradabad. If you pay a down payment of ₹ 47,962 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 7,727.

The cheapest i10 [2010-2017] model is D-Lite 1.1 iRDE2 which is priced at ₹ 4,29,040 in Moradabad. You will need to pay at least a ₹ 47,962 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 Moradabad	Max Loan
Asta 1.2 Kappa2	₹ 6,22,765	₹ 5,53,628
Asta 1.2 AT Kappa2 with Sunroof	₹ 7,04,677	₹ 6,27,156
Sportz 1.2 Kappa2	₹ 5,37,653	₹ 4,78,573
Sportz 1.2 AT Kappa2	₹ 6,02,642	₹ 5,35,564
Magna 1.2 Kappa2	₹ 5,03,637	₹ 4,48,039
D-Lite 1.1 iRDE2	₹ 4,29,040	₹ 3,81,078
Era 1.1 iRDE2 [2010-2017]	₹ 5,02,536	₹ 4,45,211
Magna 1.1 iRDE2 [2010-2017]	₹ 5,28,557	₹ 4,68,551
Sportz 1.2 Kappa2 (O)	₹ 5,72,992	₹ 5,08,949
Era 1.1 LPG	₹ 4,98,436	₹ 4,43,370
Magna 1.1 LPG	₹ 5,08,805	₹ 4,52,126
1.1L iRDE ERA Special Edition	₹ 4,84,773	₹ 4,31,106
1.2 L Kappa Magna Special Edition	₹ 5,21,308	₹ 4,63,902
Sportz 1.1 LPG [2010-2017]	₹ 5,95,012	₹ 5,26,814
Sportz 1.1 iRDE2 [2010--2017]	₹ 5,61,741	₹ 4,98,316
1.1L iRDE Magna Special Edition	₹ 5,42,629	₹ 4,81,173

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 ₹ 6,687 but you will have to pay interest of ₹ 1,80,630 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 ₹ 13,445, but your interest payment will be only ₹ 1,02,942 over the 3 years period.

₹ 7,727
Hyundai i10 [2010-2017] price starts from ₹ 4,29,040 in Moradabad.

We have considered
Down-payement : ₹ 47,962
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 ₹ 1,44,000

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 ₹ 4.29 Lakh, you can get a loan with an annual income as low as ₹ 1.44 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.