Maruti Suzuki Omni Car Loan EMI Calculator

₹ 4,178.
Here is how - Maruti Suzuki Omni price starts from ₹ 2,31,516 in Navi Mumbai. If you pay a down payment of ₹ 25,465 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 4,178.

The cheapest Omni model is Cargo BS-III which is priced at ₹ 2,31,516 in Navi Mumbai. You will need to pay at least a ₹ 25,465 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 Omni.

Version	On-road price in Navi Mumbai	Max Loan
Cargo BS-III	₹ 2,31,516	₹ 2,06,051
Cargo LPG BS-III	₹ 2,44,688	₹ 2,18,000
Ambulance	₹ 2,70,954	₹ 2,58,992
5 STR BS-III	₹ 2,51,623	₹ 2,24,291
8 STR BS-III	₹ 2,53,471	₹ 2,25,966
LPG BS-III	₹ 2,88,263	₹ 2,62,286
LPG BS-IV	₹ 2,82,793	₹ 2,52,565
Cargo BS-IV	₹ 2,63,748	₹ 2,31,096
5 STR BS-IV	₹ 3,59,253	₹ 2,99,771
E 8 STR BS-IV	₹ 3,61,194	₹ 3,01,457

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 Omni Cargo BS-III will be ₹ 3,608 but you will have to pay interest of ₹ 97,021 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 ₹ 7,255, but your interest payment will be only ₹ 55,129 over the 3 years period.

₹ 4,178
Maruti Suzuki Omni price starts from ₹ 2,31,516 in Navi Mumbai.

We have considered
Down-payement : ₹ 25,465
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 78,000

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 Omni starts from ₹ 2.32 Lakh, you can get a loan with an annual income as low as ₹ 78000.

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

• 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.