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      MG Astor Car Loan EMI Calculator

      MG Astor EMI starts at 20,236 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 1.73 Lakh. MG Astor price starts at ₹ 11.71 Lakh and goes up to ₹ 21.21 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      MG Astor
      MGAstor₹ 11.71 - 21.21 Lakh

      Variant

      Sprint 1.5 MT (Ivory)

      Right Arrow

      City

      Mumbai

      Right Arrow

      Adjust Astor Car Loan Parameters

      On-Road Price

      ₹ 11,70,887

      Astor Sprint 1.5 MT (Ivory) EMI

      20,236 for 5 Years

      Down Payment
      Loan Tenure (Months)
      Bank Interest Rate
      %

      MG Astor Sprint 1.5 MT (Ivory) Car Loan EMI

      On-Road Price₹ 11,70,887
      Ex-Showroom Price₹ 998000
      Max Loan Amount₹ 998000
      Down Payment as per your Selectiont₹ 1,72,887
      Loan Amount₹ 9,98,000
      EMI Amount 20,236
      Interest Component2,16,160(17.8%)
      Principal Component9,98,000(82.2%)
      Total Payable over 5 Years12,14,160
      Note: This doesn't include bank processing fee.

      MG Astor Loan Repayment Schedule

      This table helps you understand, how much loan payment will be pending at the end of the each year of the loan. This way, you can arrive at the amount you will need if you decide to pre-pay your loan.

      MonthsPrincipal PaidInterest PaidBalance Loan
      12₹ 1,69,110₹ 73,722₹ 8,28,890
      24₹ 1,83,147₹ 59,685₹ 6,45,743
      36₹ 1,98,348₹ 44,484₹ 4,47,395
      48₹ 2,14,810₹ 28,022₹ 2,32,585
      60₹ 2,32,585₹ 10,193₹ 0

      MG Astor EMI

      MG Astor Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 1,72,887

      On-Road Price in MumbaiMin Down PaymentEMI
      Smart MT Black Storm

      ₹ 17,16,954

      ₹2,69,154₹29,356
      Smart CVT Black Storm

      ₹ 18,71,861

      ₹2,95,061₹31,972
      Sprint 1.5 MT (Ivory)

      ₹ 11,70,887

      ₹1,72,887₹20,236
      Shine 1.5 MT (Ivory)

      ₹ 13,89,811

      ₹2,21,811₹23,683
      Select 1.5 MT (Ivory)

      ₹ 15,41,808

      ₹2,43,808₹26,319
      Sharp Pro 1.5 MT (Ivory)

      ₹ 17,08,769

      ₹2,67,969₹29,214
      Select 1.5 CVT (Ivory)

      ₹ 16,58,728

      ₹2,60,728₹28,346
      Sharp Pro 1.5 CVT (Ivory)

      ₹ 18,61,572

      ₹2,93,572₹31,793
      Savvy Pro 1.5 CVT (Ivory)

      ₹ 19,66,801

      ₹3,08,801₹33,618
      Savvy Pro 1.5 CVT Sangria

      ₹ 19,78,493

      ₹3,10,493₹33,821
      Savvy Pro 1.3 Turbo AT Sangria

      ₹ 21,20,901

      ₹3,31,101₹36,291

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      Explore more about MG Astor

      MG Astor
      MG Astor
      ₹ 11.71 - 21.21 LakhOn-Road Price, Mumbai

      Astor EMI FAQs

      ₹ 20,236.
      Here is how - MG Astor price starts from ₹ 11,70,887 in Mumbai. If you pay a down payment of ₹ 1,72,887 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 20,236.
      The cheapest Astor model is Sprint 1.5 MT (Ivory) which is priced at ₹ 11,70,887 in Mumbai. You will need to pay at least a ₹ 1,72,887 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 Astor.
      VersionOn-road price in MumbaiMax Loan
      Smart MT Black Storm₹ 17,16,954₹ 14,47,800
      Smart CVT Black Storm₹ 18,71,861₹ 15,76,800
      Sprint 1.5 MT (Ivory)₹ 11,70,887₹ 9,98,000
      Shine 1.5 MT (Ivory)₹ 13,89,811₹ 11,68,000
      Select 1.5 MT (Ivory)₹ 15,41,808₹ 12,98,000
      Sharp Pro 1.5 MT (Ivory)₹ 17,08,769₹ 14,40,800
      Select 1.5 CVT (Ivory)₹ 16,58,728₹ 13,98,000
      Sharp Pro 1.5 CVT (Ivory)₹ 18,61,572₹ 15,68,000
      Savvy Pro 1.5 CVT (Ivory)₹ 19,66,801₹ 16,58,000
      Savvy Pro 1.5 CVT Sangria₹ 19,78,493₹ 16,68,000
      Savvy Pro 1.3 Turbo AT Sangria₹ 21,20,901₹ 17,89,800

      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 Astor Sprint 1.5 MT (Ivory) will be ₹ 18,250 but you will have to pay interest of ₹ 5,35,000 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 ₹ 36,691, but your interest payment will be only ₹ 3,22,876 over the 3 years period.