Tata Safari [2015-2017] Car Loan EMI Calculator

₹ 16,265.
Here is how - Tata Safari [2015-2017] price starts from ₹ 9,21,869 in Vellore. If you pay a down payment of ₹ 1,19,725 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 16,265.

The cheapest Safari [2015-2017] model is 4x2 LX DiCOR 2.2 VTT which is priced at ₹ 9,21,869 in Vellore. You will need to pay at least a ₹ 1,19,725 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 Safari [2015-2017].

Version	On-road price in Vellore	Max Loan
4x2 LX DiCOR 2.2 VTT	₹ 9,21,869	₹ 8,02,144
4x2 EX DiCOR 2.2 VTT	₹ 10,59,603	₹ 9,23,426
4x4 EX DiCOR 2.2 VTT	₹ 11,07,067	₹ 9,65,221
4x4 GX DICOR 2.2 VTT	₹ 12,95,361	₹ 10,83,328
4x2 GX DICOR 2.2 VTT	₹ 11,35,797	₹ 9,90,519
4x2 VX DICOR BS-IV	₹ 15,23,530	₹ 12,75,770
4x4 VX DICOR BS-IV	₹ 16,41,150	₹ 13,74,974
4x2 GX DICOR BS-IV	₹ 13,93,419	₹ 11,66,032
4x4 GX DICOR BS-IV	₹ 16,04,775	₹ 13,44,294
4x4 EX DICOR BS-IV	₹ 12,33,059	₹ 10,30,108
4x2 LX DICOR BS IV	₹ 10,54,559	₹ 9,14,576
4x2 EX DICOR BS IV	₹ 12,34,342	₹ 10,21,017
4x2 LX DICOR BS-III	₹ 9,63,495	₹ 8,38,797
4x2 EX DICOR BS-III	₹ 10,69,008	₹ 9,31,707

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 Safari [2015-2017] 4x2 LX DiCOR 2.2 VTT will be ₹ 14,368 but you will have to pay interest of ₹ 4,04,768 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 ₹ 28,888, but your interest payment will be only ₹ 2,37,824 over the 3 years period.

₹ 16,265
Tata Safari [2015-2017] price starts from ₹ 9,21,869 in Vellore.

We have considered
Down-payement : ₹ 1,19,725
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 3,08,000

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 Safari [2015-2017] starts from ₹ 9.22 Lakh, you can get a loan with an annual income as low as ₹ 3.08 lakh.

Here are the most important things you should consider while getting a car loan for a new Safari [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.