MG Hector Car Loan EMI Calculator
MG Hector EMI starts at 28,363 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 2.57 Lakh. MG Hector price starts at ₹ 16.56 Lakh and goes up to ₹ 27.03 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
![MG Hector MG Hector](https://imgd-ct.aeplcdn.com/370x208/n/cw/ec/130639/hector-right-front-three-quarter-3.jpeg?isig=0&q=80)
Variant
Style 1.5 Turbo MT
City
Mumbai
Adjust Hector Car Loan Parameters
On-Road Price
₹ 16,56,278₹ 28,363 for 5 Years
MG Hector Loan Repayment Schedule
This table helps you understand, how much loan payment will be pending at the end of the each year of the loan. This way, you can arrive at the amount you will need if you decide to pre-pay your loan.
Months | Principal Paid | Interest Paid | Balance Loan |
---|---|---|---|
12 | ₹ 2,37,023 | ₹ 1,03,333 | ₹ 11,61,777 |
24 | ₹ 2,56,697 | ₹ 83,659 | ₹ 9,05,080 |
36 | ₹ 2,78,003 | ₹ 62,353 | ₹ 6,27,077 |
48 | ₹ 3,01,075 | ₹ 39,281 | ₹ 3,26,002 |
60 | ₹ 3,26,002 | ₹ 14,291 | ₹ 0 |
MG Hector EMI
MG Hector Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 2,57,478
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
Style 1.5 Turbo MT ₹ 16,56,278 | ₹2,57,478 | ₹28,363 |
Smart Pro 1.5 Turbo MT ₹ 21,75,663 | ₹3,32,863 | ₹37,365 |
Sharp Pro 1.5 Turbo MT ₹ 23,47,622 | ₹3,57,822 | ₹40,346 |
Sharp Pro 1.5 Turbo CVT ₹ 25,22,928 | ₹4,02,128 | ₹43,002 |
Savvy Pro 1.5 Turbo CVT ₹ 26,36,227 | ₹4,19,427 | ₹44,949 |
Smart Pro 2.0 Turbo Diesel MT ₹ 24,20,203 | ₹4,20,403 | ₹40,549 |
Sharp Pro 2.0 Turbo Diesel MT ₹ 26,71,868 | ₹4,80,068 | ₹44,442 |
Sharp Pro 1.5 Turbo MT Dual Tone ₹ 23,91,927 | ₹3,82,127 | ₹40,751 |
Sharp Pro 1.5 Turbo CVT Dual Tone ₹ 25,46,532 | ₹4,05,732 | ₹43,408 |
Savvy Pro 1.5 Turbo CVT Dual Tone ₹ 26,59,831 | ₹4,23,031 | ₹45,354 |
Smart Pro 2.0 Turbo Diesel MT Dual Tone ₹ 24,72,608 | ₹4,52,808 | ₹40,954 |
Sharp Pro 2.0 Turbo Diesel MT Dual Tone ₹ 26,95,916 | ₹4,84,116 | ₹44,847 |
Shine Pro 1.5 Turbo MT ₹ 19,10,121 | ₹2,94,321 | ₹32,763 |
Shine Pro 1.5 Turbo CVT ₹ 20,28,271 | ₹3,11,471 | ₹34,811 |
Select Pro 1.5 Turbo MT ₹ 20,64,535 | ₹3,16,735 | ₹35,439 |
Select Pro 1.5 Turbo CVT ₹ 22,04,908 | ₹3,37,108 | ₹37,872 |
Shine Pro 2.0 Turbo Diesel MT ₹ 21,67,501 | ₹3,79,701 | ₹36,250 |
Select Pro 2.0 Turbo Diesel MT ₹ 22,87,893 | ₹3,99,093 | ₹38,298 |
Sharp Pro Blackstorm 1.5 Turbo CVT ₹ 25,44,296 | ₹4,19,496 | ₹43,083 |
Sharp Pro Blackstorm 2.0 Turbo Diesel MT ₹ 26,82,882 | ₹4,88,082 | ₹44,503 |
100-Year Edition 1.5 Turbo MT ₹ 25,53,128 | ₹4,12,328 | ₹43,408 |
100-Year Edition 2.0 Turbo Diesel MT ₹ 27,03,308 | ₹4,91,508 | ₹44,847 |
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Explore more about MG Hector
Hector EMI FAQs
Here is how - MG Hector price starts from ₹ 16,56,278 in Mumbai. If you pay a down payment of ₹ 2,57,478 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 28,363.
Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.
Version | On-road price in Mumbai | Max Loan |
---|---|---|
Style 1.5 Turbo MT | ₹ 16,56,278 | ₹ 13,98,800 |
Smart Pro 1.5 Turbo MT | ₹ 21,75,663 | ₹ 18,42,800 |
Sharp Pro 1.5 Turbo MT | ₹ 23,47,622 | ₹ 19,89,800 |
Sharp Pro 1.5 Turbo CVT | ₹ 25,22,928 | ₹ 21,20,800 |
Savvy Pro 1.5 Turbo CVT | ₹ 26,36,227 | ₹ 22,16,800 |
Smart Pro 2.0 Turbo Diesel MT | ₹ 24,20,203 | ₹ 19,99,800 |
Sharp Pro 2.0 Turbo Diesel MT | ₹ 26,71,868 | ₹ 21,91,800 |
Sharp Pro 1.5 Turbo MT Dual Tone | ₹ 23,91,927 | ₹ 20,09,800 |
Sharp Pro 1.5 Turbo CVT Dual Tone | ₹ 25,46,532 | ₹ 21,40,800 |
Savvy Pro 1.5 Turbo CVT Dual Tone | ₹ 26,59,831 | ₹ 22,36,800 |
Smart Pro 2.0 Turbo Diesel MT Dual Tone | ₹ 24,72,608 | ₹ 20,19,800 |
Sharp Pro 2.0 Turbo Diesel MT Dual Tone | ₹ 26,95,916 | ₹ 22,11,800 |
Shine Pro 1.5 Turbo MT | ₹ 19,10,121 | ₹ 16,15,800 |
Shine Pro 1.5 Turbo CVT | ₹ 20,28,271 | ₹ 17,16,800 |
Select Pro 1.5 Turbo MT | ₹ 20,64,535 | ₹ 17,47,800 |
Select Pro 1.5 Turbo CVT | ₹ 22,04,908 | ₹ 18,67,800 |
Shine Pro 2.0 Turbo Diesel MT | ₹ 21,67,501 | ₹ 17,87,800 |
Select Pro 2.0 Turbo Diesel MT | ₹ 22,87,893 | ₹ 18,88,800 |
Sharp Pro Blackstorm 1.5 Turbo CVT | ₹ 25,44,296 | ₹ 21,24,800 |
Sharp Pro Blackstorm 2.0 Turbo Diesel MT | ₹ 26,82,882 | ₹ 21,94,800 |
100-Year Edition 1.5 Turbo MT | ₹ 25,53,128 | ₹ 21,40,800 |
100-Year Edition 2.0 Turbo Diesel MT | ₹ 27,03,308 | ₹ 22,11,800 |
As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.
- 1. If you select a higher tenure loan, let's say 7 years, your EMI for Hector Style 1.5 Turbo MT will be ₹ 25,815 but you will have to pay interest of ₹ 7,69,660 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 ₹ 51,902, but your interest payment will be only ₹ 4,69,672 over the 3 years period.