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

₹ 10,694.
Here is how - Maruti Suzuki Swift Dzire [2015-2017] price starts from ₹ 5,77,595 in Delhi. If you pay a down payment of ₹ 50,187 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 10,694.

The cheapest Swift Dzire [2015-2017] model is LXI which is priced at ₹ 5,77,595 in Delhi. You will need to pay at least a ₹ 50,187 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 Delhi	Max Loan
LXI	₹ 5,77,595	₹ 5,27,408
LXI (O)	₹ 5,77,314	₹ 5,35,483
VXI	₹ 6,45,245	₹ 5,99,019
ZXI	₹ 7,76,964	₹ 7,02,504
LDI	₹ 6,92,872	₹ 6,16,009
VDI	₹ 7,97,411	₹ 7,09,598
ZDI	₹ 9,06,725	₹ 8,07,460
VXI AT	₹ 7,59,597	₹ 6,86,702
VXI AT ABS	₹ 7,81,768	₹ 7,06,875
LXI ABS	₹ 5,94,498	₹ 5,51,556
LDI ABS	₹ 7,15,701	₹ 6,36,446
VXI ABS	₹ 6,93,705	₹ 6,26,757
VDi ABS	₹ 8,11,108	₹ 7,21,859
ZDI AMT	₹ 9,62,657	₹ 8,57,534

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 ₹ 9,003 but you will have to pay interest of ₹ 2,28,844 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 ₹ 18,100, but your interest payment will be only ₹ 1,24,192 over the 3 years period.

₹ 10,694
Maruti Suzuki Swift Dzire [2015-2017] price starts from ₹ 5,77,595 in Delhi.

We have considered
Down-payement : ₹ 50,187
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 ₹ 1,93,000

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 ₹ 5.78 Lakh, you can get a loan with an annual income as low as ₹ 1.93 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.