Maruti Suzuki Swift Dzire [2015-2017] Car Loan EMI Calculator

₹ 10,767.
Here is how - Maruti Suzuki Swift Dzire [2015-2017] price starts from ₹ 6,15,570 in Chennai. If you pay a down payment of ₹ 84,580 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 10,767.

The cheapest Swift Dzire [2015-2017] model is LXI which is priced at ₹ 6,15,570 in Chennai. You will need to pay at least a ₹ 84,580 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 Swift Dzire [2015-2017].

Version	On-road price in Chennai	Max Loan
LXI	₹ 6,15,570	₹ 5,30,990
LXI (O)	₹ 6,24,167	₹ 5,37,510
VXI	₹ 7,05,064	₹ 6,08,458
ZXI	₹ 8,17,243	₹ 7,06,763
LDI	₹ 7,70,591	₹ 6,66,462
VDI	₹ 8,26,773	₹ 7,15,080
ZDI	₹ 9,40,633	₹ 8,14,900
VXI AT	₹ 8,02,650	₹ 6,94,011
VXI AT ABS	₹ 8,26,070	₹ 7,14,543
LXI ABS	₹ 6,47,531	₹ 5,58,045
LDI ABS	₹ 7,94,318	₹ 6,87,262
VXI ABS	₹ 7,28,537	₹ 6,28,990
VDi ABS	₹ 8,41,006	₹ 7,27,558
ZDI AMT	₹ 9,98,768	₹ 8,65,865

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 Swift Dzire [2015-2017] LXI will be ₹ 9,594 but you will have to pay interest of ₹ 2,74,906 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 ₹ 19,290, but your interest payment will be only ₹ 1,63,450 over the 3 years period.

₹ 10,767
Maruti Suzuki Swift Dzire [2015-2017] price starts from ₹ 6,15,570 in Chennai.

We have considered
Down-payement : ₹ 84,580
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Swift Dzire [2015-2017] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 2,06,000

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 Swift Dzire [2015-2017] starts from ₹ 6.16 Lakh, you can get a loan with an annual income as low as ₹ 2.06 lakh.

Here are the most important things you should consider while getting a car loan for a new Swift Dzire [2015-2017]

• 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.