Fiat Linea Car Loan EMI Calculator

₹ 14,062.
Here is how - Fiat Linea price starts from ₹ 8,12,546 in Pune. If you pay a down payment of ₹ 1,19,026 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 14,062.

The cheapest Linea model is Active 1.4 which is priced at ₹ 8,12,546 in Pune. You will need to pay at least a ₹ 1,19,026 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 Linea.

Version	On-road price in Pune	Max Loan
Active T-Jet [2014-2016]	₹ 8,02,299	₹ 7,01,129
Dynamic T-Jet [2014-2016]	₹ 10,59,449	₹ 9,26,897
Emotion T-Jet [2014-2016]	₹ 11,18,200	₹ 9,79,087
Active Diesel [2014-2016]	₹ 10,03,616	₹ 8,61,985
Dynamic Diesel [2014-2016]	₹ 11,38,669	₹ 9,79,862
Emotion Diesel [2014-2016]	₹ 12,03,556	₹ 10,27,529
Active 1.4 [2014-2016]	₹ 9,26,889	₹ 8,09,140
Elegante Diesel	₹ 11,54,808	₹ 9,93,949
Active 1.4	₹ 8,12,546	₹ 6,93,520
Emotion T-Jet 1.4	₹ 11,64,769	₹ 9,75,423
Active Multijet 1.3	₹ 9,99,986	₹ 8,39,835
Dynamic Multijet 1.3	₹ 11,07,240	₹ 9,09,685
Emotion Multijet 1.3	₹ 11,70,163	₹ 9,69,094

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 Linea Active 1.4 will be ₹ 12,665 but you will have to pay interest of ₹ 3,70,340 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 ₹ 25,462, but your interest payment will be only ₹ 2,23,112 over the 3 years period.

₹ 14,062
Fiat Linea price starts from ₹ 8,12,546 in Pune.

We have considered
Down-payement : ₹ 1,19,026
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 2,71,000

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 Linea starts from ₹ 8.13 Lakh, you can get a loan with an annual income as low as ₹ 2.71 lakh.

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

• 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.