Skoda Yeti [2010-2014] Car Loan EMI Calculator

₹ 31,750.
Here is how - Skoda Yeti [2010-2014] price starts from ₹ 18,27,974 in Mumbai. If you pay a down payment of ₹ 2,62,128 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 31,750.

The cheapest Yeti [2010-2014] model is Active 2.0 TDI CR 4x2 which is priced at ₹ 18,27,974 in Mumbai. You will need to pay at least a ₹ 2,62,128 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 Yeti [2010-2014].

Version	On-road price in Mumbai	Max Loan
Elegance 2.0 TDI CR 4x4	₹ 24,71,639	₹ 21,05,736
Ambiente	₹ 17,77,908	₹ 15,82,807
Ambition 2.0 TDI CR 4x4	₹ 20,64,095	₹ 17,69,977
Active 2.0 TDI CR 4x2	₹ 18,27,974	₹ 15,65,846
Ambition 2.0 TDI CR 4x2	₹ 19,24,445	₹ 16,49,247

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 Yeti [2010-2014] Active 2.0 TDI CR 4x2 will be ₹ 28,491 but you will have to pay interest of ₹ 8,27,398 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 ₹ 57,282, but your interest payment will be only ₹ 4,96,306 over the 3 years period.

₹ 31,750
Skoda Yeti [2010-2014] price starts from ₹ 18,27,974 in Mumbai.

We have considered
Down-payement : ₹ 2,62,128
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Yeti [2010-2014] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 6,10,000

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 Yeti [2010-2014] starts from ₹ 18.28 Lakh, you can get a loan with an annual income as low as ₹ 6.10 lakh.

Here are the most important things you should consider while getting a car loan for a new Yeti [2010-2014]

• 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.