Maruti Suzuki Fronx Car Loan EMI Calculator

₹ 15,238.
Here is how - Maruti Suzuki Fronx price starts from ₹ 8,71,180 in Mumbai. If you pay a down payment of ₹ 1,19,680 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 15,238.

The cheapest Fronx model is Sigma 1.2L MT which is priced at ₹ 8,71,180 in Mumbai. You will need to pay at least a ₹ 1,19,680 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 Fronx.

Version	On-road price in Mumbai	Max Loan
Sigma 1.2L MT	₹ 8,71,180	₹ 7,51,500
Delta 1.2L MT	₹ 9,68,739	₹ 8,37,500
Delta 1.2L AGS	₹ 10,38,177	₹ 8,82,500
Delta Plus 1.2L MT	₹ 10,14,115	₹ 8,77,500
Delta Plus 1.2L AGS	₹ 10,84,137	₹ 9,22,500
Delta Plus 1.0 Turbo MT	₹ 11,21,883	₹ 9,72,500
Zeta 1.0L Turbo MT	₹ 12,37,575	₹ 10,55,500
Alpha 1.0L Turbo MT Dual Tone	₹ 13,62,293	₹ 11,63,500
Alpha 1.0L Turbo MT	₹ 13,43,817	₹ 11,47,500
Alpha 1.0L Turbo 6 AT Dual Tone	₹ 15,23,967	₹ 13,03,500
Zeta 1.0L Turbo 6 AT	₹ 13,99,248	₹ 11,95,500
Alpha 1.0L Turbo 6 AT	₹ 15,05,491	₹ 12,87,500
Sigma 1.2 CNG	₹ 9,43,720	₹ 8,46,500
Delta 1.2 CNG	₹ 10,37,701	₹ 9,32,500
Delta Plus (O) 1.2L MT	₹ 10,50,242	₹ 8,93,000
Delta Plus (O) 1.2L AGS	₹ 11,01,947	₹ 9,38,000

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 Fronx Sigma 1.2L MT will be ₹ 13,578 but you will have to pay interest of ₹ 3,89,052 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 ₹ 27,300, but your interest payment will be only ₹ 2,31,300 over the 3 years period.

₹ 15,238
Maruti Suzuki Fronx price starts from ₹ 8,71,180 in Mumbai.

We have considered
Down-payement : ₹ 1,19,680
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 2,91,000

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 Fronx starts from ₹ 8.71 Lakh, you can get a loan with an annual income as low as ₹ 2.91 lakh.

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

• 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.