Citroen C3 Car Loan EMI Calculator

₹ 12,490.
Here is how - Citroen C3 price starts from ₹ 7,42,300 in Mumbai. If you pay a down payment of ₹ 1,26,300 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 12,490.

The cheapest C3 model is Live 1.2 Petrol which is priced at ₹ 7,42,300 in Mumbai. You will need to pay at least a ₹ 1,26,300 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 C3.

Version	On-road price in Mumbai	Max Loan
Live 1.2 Petrol	₹ 7,42,300	₹ 6,16,000
Feel 1.2 Petrol	₹ 8,75,428	₹ 7,47,000
Shine 1.2 Petrol	₹ 9,47,585	₹ 8,09,800
Shine 1.2 Petrol Vibe Pack	₹ 9,61,372	₹ 8,21,800
Shine 1.2 Petrol Dual Tone	₹ 9,64,820	₹ 8,24,800
Shine 1.2 Petrol Vibe Pack Dual Tone	₹ 9,78,607	₹ 8,36,800
Shine 1.2 Turbo Dual Tone	₹ 10,85,465	₹ 9,29,800
Shine 1.2 Turbo Vibe Pack Dual Tone	₹ 10,99,253	₹ 9,41,800
Shine 1.2 Turbo AT Petrol	₹ 11,65,895	₹ 9,99,800
Shine 1.2 Turbo Petrol AT Vibe Pack	₹ 12,00,122	₹ 10,11,800
Shine 1.2 Turbo AT Dual Tone	₹ 12,03,629	₹ 10,14,800
Shine 1.2 Turbo AT Vibe Pack Dual Tone	₹ 12,17,660	₹ 10,26,800

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 C3 Live 1.2 Petrol will be ₹ 11,570 but you will have to pay interest of ₹ 3,55,880 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 ₹ 23,261, but your interest payment will be only ₹ 2,21,396 over the 3 years period.

₹ 12,490
Citroen C3 price starts from ₹ 7,42,300 in Mumbai.

We have considered
Down-payement : ₹ 1,26,300
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy C3 with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 2,48,000

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 C3 starts from ₹ 7.42 Lakh, you can get a loan with an annual income as low as ₹ 2.48 lakh.

Here are the most important things you should consider while getting a car loan for a new C3

• 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.