Tata Indica V2 [2006-2013] Car Loan EMI Calculator

₹ 2,609.
Here is how - Tata Indica V2 [2006-2013] price starts from ₹ 1,28,657 in Bangalore. If you pay a down payment of ₹ 0 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 2,609.

Here is a model wise list of max loan amount for Indica V2 [2006-2013].

Version	On-road price in Bangalore	Max Loan
Turbo DLG	₹ 4,67,260	₹ 3,96,099
Turbo DLX	₹ 4,88,754	₹ 4,14,517
Xeta GLG BS-III	₹ 3,86,968	₹ 3,27,297
Xeta GLX BS-III	₹ 4,51,285	₹ 3,82,410
Turbo DLS	₹ 4,51,644	₹ 3,82,717
Xeta GL1.2 BS-III	₹ 3,23,490	₹ 2,70,355
Xeta GLE 1.2 BS-III	₹ 3,55,157	₹ 2,97,237
Xeta GLS 1.2 BS-III	₹ 3,76,598	₹ 3,15,438
Xeta GLG 1.2 BS-III	₹ 4,02,001	₹ 3,40,179
Turbo DLX - ABS & Airbags	₹ 5,72,572	₹ 4,86,340
DLG DiCOR BS-III	₹ 4,97,838	₹ 4,22,301
Xeta GLE 1.2 LPG	₹ 4,03,179	₹ 3,38,003
Xeta GLS 1.2 LPG	₹ 3,82,494	₹ 3,20,443
DLS DiCOR BS-III	₹ 4,78,179	₹ 4,05,455
Xeta GL BS-IV	₹ 3,32,095	₹ 2,77,660
Xeta GLE BS-IV	₹ 3,56,796	₹ 2,98,628
Xeta GLS BS-IV	₹ 3,84,393	₹ 3,22,055
Xeta GLS(LPG) BS-IV	₹ 3,88,027	₹ 3,25,140
Xeta GLE(LPG) BS-IV	₹ 4,19,424	₹ 3,51,793
Turbomax DLE BS-IV	₹ 4,60,230	₹ 3,86,432
Turbomax DLS BS-IV	₹ 4,83,632	₹ 4,06,298
Xeta eGL BS-IV	₹ 3,95,820	₹ 3,31,755
Xeta eGLE BS-IV	₹ 4,27,670	₹ 3,58,793
Xeta eGLS BS-IV	₹ 4,63,290	₹ 3,89,030
Xeta eGLX BS-IV	₹ 4,95,714	₹ 4,16,555
Xeta eGLE(LPG) BS-IV	₹ 4,84,899	₹ 4,07,374
Xeta eGLS(LPG) BS-IV	₹ 4,99,665	₹ 4,19,909

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 Indica V2 [2006-2013] Xeta GV BS-III will be ₹ 2,005 but you will have to pay interest of ₹ 39,763 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 ₹ 4,032, but your interest payment will be only ₹ 16,495 over the 3 years period.

₹ 2,609
Tata Indica V2 [2006-2013] price starts from ₹ 1,28,657 in Bangalore.

We have considered
Down-payement : ₹ 0
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Indica V2 [2006-2013] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 43,000

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 Indica V2 [2006-2013] starts from ₹ 1.29 Lakh, you can get a loan with an annual income as low as ₹ 43000.

Here are the most important things you should consider while getting a car loan for a new Indica V2 [2006-2013]

• 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.