Maruti Suzuki 800 [2008-2014] Car Loan EMI Calculator

₹ 4,435.
Here is how - Maruti Suzuki 800 [2008-2014] price starts from ₹ 2,18,729 in Kota. If you pay a down payment of ₹ 0 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 4,435.

Here is a model wise list of max loan amount for 800 [2008-2014].

Version	On-road price in Kota	Max Loan
Duo Std LPG	₹ 2,46,959	₹ 2,24,126
Duo AC LPG	₹ 2,67,265	₹ 2,42,886

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 800 [2008-2014] AC Uniq will be ₹ 3,409 but you will have to pay interest of ₹ 67,627 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 ₹ 6,854, but your interest payment will be only ₹ 28,015 over the 3 years period.

₹ 4,435
Maruti Suzuki 800 [2008-2014] price starts from ₹ 2,18,729 in Kota.

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

You will need to fulfill the following 2 criteria to buy 800 [2008-2014] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 73,000

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 800 [2008-2014] starts from ₹ 2.19 Lakh, you can get a loan with an annual income as low as ₹ 73000.

Here are the most important things you should consider while getting a car loan for a new 800 [2008-2014]

• 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.