Hyundai Alcazar EMI Calculator

Hyundai Alcazar EMI Calculator
Hyundai Alcazar EMI starts at Rs 37,159 per month for a tenure of 60 months @ 9.8 for a loan amount of Rs 17.57 Lakh. The EMI Calculator tool on CarDekho gives a detailed break-up of the total payable amount and helps you in finding best car finance for your Alcazar.
Hyundai Alcazar Down Payment and EMI
Hyundai Alcazar Variants | Loan @ rate% | Down payment | EMI Amount(60 months) |
---|---|---|---|
Hyundai Alcazar Prestige Executive 7-Seater | 9.8 | Rs.1.95 Lakh | Rs.37,159 |
Hyundai Alcazar Prestige Executive 7-Seater Diesel | 9.8 | Rs.2.05 Lakh | Rs.39,034 |
Hyundai Alcazar Prestige Executive Diesel | 9.8 | Rs.2.05 Lakh | Rs.39,031 |
Hyundai Alcazar Prestige Executive 7-Seater Diesel AT | 9.8 | Rs.2.22 Lakh | Rs.42,360 |
Hyundai Alcazar Platinum 7-Seater AT | 9.8 | Rs.2.39 Lakh | Rs.45,390 |
Calculate your Loan EMI for Alcazar
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Hyundai Alcazar User Reviews
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A well-tuned engine makes the Alcazar comfortable to drive with no engine rattling or cabin noise, as well as the driver assistance features like 360 camera, blind spot c...Read More
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I still remember when Honda launched Honda Alcazar a new-style SUV in the Indian market. The starting price range is 16lacs, and top-end variants cost around 20lacs appro...Read More
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It's been almost 1 year with this car. I really love this car, this car gives me a lot of comforts. This car is 30k driven in total. I love the comfort and driving p...Read More
Alcazar Is A Lovely Car
Hyundai Alcazar's exceptional cabin insulation and refined diesel engine are its best features. 20 miles per hour may be readily reached in Chandigarh. Highways have a 25...Read More
Mind Blowing
The Hyundai alcazar it's a nice car and osm look amazing car an extremely comfortable and mind-blowing interior then security features a good working condition.
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Frequently Asked Questions On Alcazar Emi
What will be the lowest down payment for Hyundai Alcazar?
The lenders generally finance 90% of the On-Road Price of the Hyundai Alcazar. Some customers might be eligible for 100% funding, too. Down payment is the difference between the On-Road Price of the Hyundai Alcazar and the amount funded by the lender.
What will be the monthly EMI for the Hyundai Alcazar?
EMIs or Equated Monthly Installments refer to the monthly payments you make to the lender to repay your loan. These payments include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI for the Hyundai Alcazar can be calculated using the following formula:
{P x R x (1+R)^N / [(1+R)^N-1]}
where, P = Principal amount of the loan, R = Rate of interest and N = Number of monthly installments.
For Example:- If the principal amount for a car loan is Rs. 17.57 Lakh- on an annual rate of interest of 9.8% for a tenure of 5 years then EMI will be Rs 37,159. The rate of interest (R) on your loan is calculated monthly i.e. (R= Annual rate of interest/12/100). For instance, if R = 9.8% per annum, then R= 9.8/12 = 0.81%/month .
What will be the interest rate for the Hyundai Alcazar?
Interest rate for the Hyundai Alcazar primarily depends on the principal amount and tenure of the loan amount. Interest rate of lenders generally varies from 8.75% per annum to 11.50% per annum. If a customer holds an account with the financier then he may have a pre-approved new car loan offer available for him which can be verified by logging into his account. Customers can also negotiate with the financier for a better rate of interest against their loan amount.
What will be the EMI for 5 years tenure for the Hyundai Alcazar?
EMI for the Hyundai Alcazar for 5 years tenure can be calculated as per the following formula:-
{P x R x (1+R)^N / [(1+R)^N-1]}
Where, P = Principal amount of the loan, R = Rate of interest, N = Number of monthly installments which will be per month in case of 5 years tenure.
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