Tata Safari Storme 2019 Car Loan EMI Calculator

₹ 22,227.
Here is how - Tata Safari Storme 2019 price starts from ₹ 12,81,198 in Guna. If you pay a down payment of ₹ 1,85,019 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 22,227.

The cheapest Safari Storme 2019 model is 2.2 LX 4x2 which is priced at ₹ 12,81,198 in Guna. You will need to pay at least a ₹ 1,85,019 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 Safari Storme 2019.

Version	On-road price in Guna	Max Loan
2.2 LX 4x2	₹ 12,81,198	₹ 10,96,179
2.2 EX 4X2	₹ 15,29,530	₹ 13,14,979
2.2 VX 4x2	₹ 15,22,244	₹ 13,65,977
2.2 VX 4x4	₹ 16,93,626	₹ 15,03,676
2.2 VX 4x2 Varicor400	₹ 17,22,647	₹ 14,85,129
2.2 VX 4x4 Varicor400	₹ 19,12,911	₹ 16,49,242
2.2 Ex 4X4	₹ 17,56,250	₹ 15,43,908

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 Safari Storme 2019 2.2 LX 4x2 will be ₹ 19,969 but you will have to pay interest of ₹ 5,81,217 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 ₹ 40,148, but your interest payment will be only ₹ 3,49,149 over the 3 years period.

₹ 22,227
Tata Safari Storme 2019 price starts from ₹ 12,81,198 in Guna.

We have considered
Down-payement : ₹ 1,85,019
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Safari Storme 2019 with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 4,28,000

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 Safari Storme 2019 starts from ₹ 12.81 Lakh, you can get a loan with an annual income as low as ₹ 4.28 lakh.

Here are the most important things you should consider while getting a car loan for a new Safari Storme 2019

• 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.