Tata Indigo CS [2008-2011] Car Loan EMI Calculator

₹ 7,761.
Here is how - Tata Indigo CS [2008-2011] price starts from ₹ 4,05,588 in Delhi. If you pay a down payment of ₹ 22,836 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 7,761.

The cheapest Indigo CS [2008-2011] model is GLE which is priced at ₹ 4,05,588 in Delhi. You will need to pay at least a ₹ 22,836 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 Indigo CS [2008-2011].

Version	On-road price in Delhi	Max Loan
GLE	₹ 4,05,588	₹ 3,82,752
GLS	₹ 4,42,600	₹ 4,08,968
LE TDI	₹ 4,78,712	₹ 4,42,748
LS TDI	₹ 5,32,295	₹ 4,92,870
LS DiCOR	₹ 5,23,755	₹ 4,84,255
GLX	₹ 4,64,845	₹ 4,29,777
LX DiCOR	₹ 5,43,503	₹ 5,02,727
LX TDI	₹ 5,63,933	₹ 5,22,464

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 Indigo CS [2008-2011] GLE will be ₹ 6,322 but you will have to pay interest of ₹ 1,48,296 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 ₹ 12,710, but your interest payment will be only ₹ 74,808 over the 3 years period.

₹ 7,761
Tata Indigo CS [2008-2011] price starts from ₹ 4,05,588 in Delhi.

We have considered
Down-payement : ₹ 22,836
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Indigo CS [2008-2011] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 1,36,000

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 Indigo CS [2008-2011] starts from ₹ 4.06 Lakh, you can get a loan with an annual income as low as ₹ 1.36 lakh.

Here are the most important things you should consider while getting a car loan for a new Indigo CS [2008-2011]

• 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.