Maruti Suzuki Jimny Car Loan EMI Calculator

₹ 25,831.
Here is how - Maruti Suzuki Jimny price starts from ₹ 14,32,319 in Hoshiarpur. If you pay a down payment of ₹ 1,58,377 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 25,831.

The cheapest Jimny model is Zeta MT which is priced at ₹ 14,32,319 in Hoshiarpur. You will need to pay at least a ₹ 1,58,377 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 Jimny.

Version	On-road price in Hoshiarpur	Max Loan
Zeta MT	₹ 14,32,319	₹ 12,73,942
Zeta AT	₹ 15,53,405	₹ 13,83,942
Alpha MT	₹ 15,36,821	₹ 13,68,942
Alpha AT	₹ 16,59,207	₹ 14,78,942
Alpha MT Dual Tone	₹ 15,54,584	₹ 13,84,942
Alpha AT Dual Tone	₹ 16,78,470	₹ 14,94,942

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 Jimny Zeta MT will be ₹ 22,324 but you will have to pay interest of ₹ 6,01,274 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 ₹ 44,884, but your interest payment will be only ₹ 3,41,882 over the 3 years period.

₹ 25,831
Maruti Suzuki Jimny price starts from ₹ 14,32,319 in Hoshiarpur.

We have considered
Down-payement : ₹ 1,58,377
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 4,78,000

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 Jimny starts from ₹ 14.32 Lakh, you can get a loan with an annual income as low as ₹ 4.78 lakh.

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

• 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.