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Hyundai Elite i20 EMI Calculator

Hyundai Elite i20 EMI starts at Rs 12,326 per month for a tenure of 60 months @ 9.8 for a loan amount of Rs 5.83 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 Asta Option9.800000190734863Rs.96,459Rs.18,369
Hyundai i20 Asta Option CVT9.800000190734863Rs.1.06 LakhRs.20,262
Hyundai i20 Era9.800000190734863Rs.64,785Rs.12,326
Hyundai i20 Magna Plus9.800000190734863Rs.76,442Rs.14,559
Hyundai i20 Sportz Plus9.800000190734863Rs.86,033Rs.16,376

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 on1981 User reviews
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  • Fantabulous Car With Amazing Features

    It is a car which is worth of yours every single penny, and do contains all those features that a luxury hatchback should have, it is an amazing car with the ability to f...Read More

    By yograj kumar
    On: May 15, 2020 | 324 Views
  • Awesome Car But Some Features Are Poor

    When it comes to looks I can give full marks but the performance of the car in petrol is laggy you won't be happy with the acceleration. It drinks too much fuel even when...Read More

    By rahul yadav
    On: May 23, 2020 | 243 Views
  • Best Hatchback In Its Segment

    I have been driving this car since Oct 2018 and I must say it is combination of all-weather. It is styling, mileage or security.

    By gaurav
    On: May 09, 2020 | 125 Views
  • Best Car

    Average experience with good features under less price. But need to improve on getting more mileage...

    By manoj kumar
    On: May 09, 2020 | 55 Views
  • Perfect For India

    Overall, it's a good compact city-driven car, able to drive through all the traffic queue. Gives an average mileage of 12 in city and 15 in the highway.

    By raez
    On: May 21, 2020 | 82 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. 5.83 Lakh- on an annual rate of interest of 9.8% for a tenure of 5 years then EMI will be Rs 12,326. 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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