Maruti Suzuki XL6 Car Loan EMI Calculator

₹ 23,540.
Here is how - Maruti Suzuki XL6 price starts from ₹ 12,79,315 in Dimapur. If you pay a down payment of ₹ 1,18,373 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 23,540.

The cheapest XL6 model is Zeta MT Petrol which is priced at ₹ 12,79,315 in Dimapur. You will need to pay at least a ₹ 1,18,373 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 XL6.

Version	On-road price in Dimapur	Max Loan
Zeta MT Petrol	₹ 12,79,315	₹ 11,60,942
Alpha MT Petrol	₹ 13,87,442	₹ 12,60,942
Zeta AT Petrol	₹ 14,30,693	₹ 13,00,942
Alpha Plus MT Petrol	₹ 14,52,319	₹ 13,20,942
Alpha Plus MT Petrol Dual Tone	₹ 14,69,683	₹ 13,37,000
Alpha AT Petrol	₹ 15,38,820	₹ 14,00,942
Alpha Plus AT Petrol	₹ 16,03,697	₹ 14,60,942
Alpha Plus AT Petrol Dual Tone	₹ 16,21,061	₹ 14,77,000
Zeta MT CNG	₹ 13,82,037	₹ 12,55,942

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 XL6 Zeta MT Petrol will be ₹ 19,940 but you will have to pay interest of ₹ 5,14,018 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 ₹ 40,089, but your interest payment will be only ₹ 2,82,262 over the 3 years period.

₹ 23,540
Maruti Suzuki XL6 price starts from ₹ 12,79,315 in Dimapur.

We have considered
Down-payement : ₹ 1,18,373
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy XL6 with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 4,27,000

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 XL6 starts from ₹ 12.79 Lakh, you can get a loan with an annual income as low as ₹ 4.27 lakh.

Here are the most important things you should consider while getting a car loan for a new XL6

• 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.