Force Motors Force One Car Loan EMI Calculator

₹ 18,010.
Here is how - Force Motors Force One price starts from ₹ 10,13,286 in Delhi. If you pay a down payment of ₹ 1,25,071 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 18,010.

The cheapest Force One model is EX 7 STR which is priced at ₹ 10,13,286 in Delhi. You will need to pay at least a ₹ 1,25,071 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 Force One.

Version	On-road price in Delhi	Max Loan
SX 7 STR	₹ 13,74,644	₹ 11,70,482
SX 6 STR	₹ 13,83,445	₹ 11,78,059
SX ABS 6 STR	₹ 13,98,303	₹ 11,83,083
SX ABS 7 STR	₹ 13,89,909	₹ 11,75,910
EX 7 STR	₹ 10,13,286	₹ 8,88,215
LX ABS 7 STR	₹ 15,67,934	₹ 13,28,045

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 Force One EX 7 STR will be ₹ 15,793 but you will have to pay interest of ₹ 4,38,397 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 ₹ 31,753, but your interest payment will be only ₹ 2,54,893 over the 3 years period.

₹ 18,010
Force Motors Force One price starts from ₹ 10,13,286 in Delhi.

We have considered
Down-payement : ₹ 1,25,071
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Force One with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 3,38,000

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 Force One starts from ₹ 10.13 Lakh, you can get a loan with an annual income as low as ₹ 3.38 lakh.

Here are the most important things you should consider while getting a car loan for a new Force One

• 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.