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Hyundai Elite i20 EMI Calculator

Hyundai Elite i20 EMI starts at Rs 14,727 per month for a tenure of 60 months @ 9.8 for a loan amount of Rs 6.96 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 Elite i20.

Hyundai Elite i20 Down Payment and EMI

Hyundai i20 VariantsLoan @ rate%Down paymentEMI Amount(60 months)
Hyundai i20 Magna Plus9.800000190734863Rs.77,338Rs.14,727
Hyundai i20 Sportz Plus9.800000190734863Rs.86,385Rs.16,450
Hyundai i20 Sportz Plus Dual Tone9.800000190734863Rs.89,705Rs.17,068
Hyundai i20 Asta Option9.800000190734863Rs.96,821Rs.18,425

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Calculate your Loan EMI for Elite i20

Down PaymentRs.0
0Rs.0
Bank Interest Rate 8 %
8%22%
Loan Period ( Years )
  • Total Loan AmountRs.0
  • Payable AmountRs.0
  • You''ll pay extraRs.0
EMIper month
Rs0
Calculated on On Road Price
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*Ex-showroom Price in New Delhi

Hyundai Elite i20 User Reviews

4.6/5
Based on2871 User reviews
  • All (2100)
  • Comfort (670)
  • Looks (542)
  • Mileage (497)
  • Engine (363)
  • Performance (349)
  • Interior (341)
  • Power (299)
  • More ...
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  • Good Diesel Engine.

    Nice car with great built quality max mileage I get in the city with AC is about 14 to 13  highway mileage under 90 Km per hour is above 18 even with AC on service guys t...Read More

    By rudra prasad
    On: Oct 16, 2020 | 428 Views
  • Car Looks Are Great.

    Superb car best looking car, I love to buy this car, If you are thinking of purchasing a new car and if this car is your budget you can buy this car.

    By raj shukla
    On: Oct 11, 2020 | 52 Views
  • Buy Newer Models.

    I wish I had bought the Venue instead which was just launched. I didn't know how the petrol engine is in I20. Best hatchback till 2019. 2020 onwards the car is much bette...Read More

    By samiran handique
    On: Oct 10, 2020 | 1028 Views
  • Never disappoints me in 11 years.

    It's a good car which never disappoints me in 11 years. Performance is good in the city and highway. Mileage city in 10-12 and  Highway it's 14-16.

    By anonymous
    On: Oct 07, 2020 | 62 Views
  • Worth The Money

    Overall superb car, very much satisfied with the performance, and Hyundai has done a fabulous job by introducing this car and targeting the middle-class people of India, ...Read More

    By akash verma
    On: Oct 04, 2020 | 191 Views
  • View All Elite i20 Reviews

Frequently Asked Questions On Elite I20 Emi

What will be the lowest down payment for Hyundai Elite i20?

The lenders generally finance 90% of the On-Road Price of the Hyundai Elite i20. Some customers might be eligible for 100% funding, too. Down payment is the difference between the On-Road Price of the Hyundai Elite i20 and the amount funded by the lender.

What will be the monthly EMI for the Hyundai Elite i20?

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 Elite i20 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. 6.96 Lakh- on an annual rate of interest of 9.8% for a tenure of 5 years then EMI will be Rs 14,727. 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 Elite i20?

Interest rate for the Hyundai Elite i20 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 Elite i20?

EMI for the Hyundai Elite i20 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.

Running cost of your car

KM driven per day20 km/day
Monthly fuel costRs.0* / month

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Disclaimer : As per the information entered by you the calculation is performed by EMI Calculator and the amount of installments does not include any other fees charged by the financial institution / banks like processing fee, file charges, etc. The amount is in Indian Rupee rounded off to the nearest Rupee. Depending upon type and use of vehicle, regional lender requirements and the strength of your credit, actual down payment and resulting monthly payments may vary. Exact monthly installments can be found out from the financial institution.

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