Maruti Suzuki Celerio Car Loan EMI Calculator

₹ 10,877.
Here is how - Maruti Suzuki Celerio price starts from ₹ 6,23,612 in Jaipur. If you pay a down payment of ₹ 87,164 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 10,877.

The cheapest Celerio model is LXi which is priced at ₹ 6,23,612 in Jaipur. You will need to pay at least a ₹ 87,164 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 Celerio.

Version	On-road price in Jaipur	Max Loan
LXi	₹ 6,23,612	₹ 5,36,448
VXi	₹ 6,76,859	₹ 5,83,448
ZXi	₹ 7,08,581	₹ 6,11,448
VXi AMT	₹ 7,33,505	₹ 6,33,448
ZXi Plus	₹ 7,62,960	₹ 6,59,448
ZXi AMT	₹ 7,65,226	₹ 6,61,448
VXi CNG	₹ 7,78,821	₹ 6,73,448
ZXi Plus AMT	₹ 8,19,606	₹ 7,09,448

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 Celerio LXi will be ₹ 9,720 but you will have to pay interest of ₹ 2,80,032 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 ₹ 19,542, but your interest payment will be only ₹ 1,67,064 over the 3 years period.

₹ 10,877
Maruti Suzuki Celerio price starts from ₹ 6,23,612 in Jaipur.

We have considered
Down-payement : ₹ 87,164
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 2,08,000

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 Celerio starts from ₹ 6.24 Lakh, you can get a loan with an annual income as low as ₹ 2.08 lakh.

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

• 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.