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

₹ 10,781.
Here is how - Maruti Suzuki Swift Dzire [2015-2017] price starts from ₹ 6,12,481 in Hyderabad. If you pay a down payment of ₹ 80,761 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 10,781.

The cheapest Swift Dzire [2015-2017] model is LXI which is priced at ₹ 6,12,481 in Hyderabad. You will need to pay at least a ₹ 80,761 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 Hyderabad	Max Loan
LXI	₹ 6,12,481	₹ 5,31,720
LXI (O)	₹ 6,29,234	₹ 5,37,602
VXI	₹ 6,99,998	₹ 6,08,550
ZXI	₹ 8,12,444	₹ 7,06,855
LDI	₹ 7,67,482	₹ 6,67,344
VDI	₹ 8,23,105	₹ 7,15,962
ZDI	₹ 9,37,317	₹ 8,15,783
VXI AT	₹ 8,10,128	₹ 6,94,103
VXI AT ABS	₹ 8,21,338	₹ 7,14,634
LXI ABS	₹ 6,42,334	₹ 5,58,136
LDI ABS	₹ 7,91,275	₹ 6,88,144
VXI ABS	₹ 7,23,478	₹ 6,29,081
VDi ABS	₹ 8,37,385	₹ 7,28,441
ZDI AMT	₹ 9,95,623	₹ 8,66,747

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 ₹ 9,546 but you will have to pay interest of ₹ 2,70,144 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 ₹ 19,193, but your interest payment will be only ₹ 1,59,228 over the 3 years period.

₹ 10,781
Maruti Suzuki Swift Dzire [2015-2017] price starts from ₹ 6,12,481 in Hyderabad.

We have considered
Down-payement : ₹ 80,761
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 ₹ 2,05,000

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 ₹ 6.12 Lakh, you can get a loan with an annual income as low as ₹ 2.05 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.