Hyundai i10 [2010-2017] Car Loan EMI Calculator

₹ 7,785.
Here is how - Hyundai i10 [2010-2017] price starts from ₹ 4,21,912 in Ahmedabad. If you pay a down payment of ₹ 37,981 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 7,785.

The cheapest i10 [2010-2017] model is D-Lite 1.1 iRDE2 which is priced at ₹ 4,21,912 in Ahmedabad. You will need to pay at least a ₹ 37,981 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 i10 [2010-2017].

Version	On-road price in Ahmedabad	Max Loan
Asta 1.2 Kappa2	₹ 6,15,190	₹ 5,60,330
Asta 1.2 AT Kappa2 with Sunroof	₹ 6,96,904	₹ 6,35,492
Sportz 1.2 Kappa2	₹ 5,30,278	₹ 4,83,607
Sportz 1.2 AT Kappa2	₹ 5,95,113	₹ 5,41,863
Magna 1.2 Kappa2	₹ 4,96,341	₹ 4,52,391
D-Lite 1.1 iRDE2	₹ 4,21,912	₹ 3,83,931
Era 1.1 iRDE2 [2010-2017]	₹ 4,92,893	₹ 4,47,230
Magna 1.1 iRDE2 [2010-2017]	₹ 5,19,079	₹ 4,71,292
Sportz 1.2 Kappa2 (O)	₹ 5,65,534	₹ 5,14,656
Era 1.1 LPG	₹ 4,91,147	₹ 4,47,614
Magna 1.1 LPG	₹ 5,00,306	₹ 4,56,039
1.1L iRDE ERA Special Edition	₹ 4,77,204	₹ 4,34,789
1.2 L Kappa Magna Special Edition	₹ 5,13,660	₹ 4,68,322
Sportz 1.1 LPG [2010-2017]	₹ 5,85,106	₹ 5,30,585
Sportz 1.1 iRDE2 [2010--2017]	₹ 5,53,406	₹ 5,01,457
1.1L iRDE Magna Special Edition	₹ 5,32,182	₹ 4,84,690

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 i10 [2010-2017] D-Lite 1.1 iRDE2 will be ₹ 6,576 but you will have to pay interest of ₹ 1,68,453 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 ₹ 13,221, but your interest payment will be only ₹ 92,025 over the 3 years period.

₹ 7,785
Hyundai i10 [2010-2017] price starts from ₹ 4,21,912 in Ahmedabad.

We have considered
Down-payement : ₹ 37,981
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy i10 [2010-2017] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 1,41,000

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 i10 [2010-2017] starts from ₹ 4.22 Lakh, you can get a loan with an annual income as low as ₹ 1.41 lakh.

Here are the most important things you should consider while getting a car loan for a new i10 [2010-2017]

• 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.