# Maruti Celerio X EMI Calculator

Maruti Celerio X EMI starts at Rs 10,386 per month for a tenure of 60 months @ 9.8 for a loan amount of Rs 4.91 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 Celerio X.

## Maruti Celerio X Down Payment and EMI

Maruti Celerio X Variants | Loan @ rate% | Down payment | EMI Amount(60 months) |
---|---|---|---|

Maruti Celerio X VXI | 9.8 | Rs.54,613 | Rs.10,386 |

Maruti Celerio X VXI Option | 9.8 | Rs.55,572 | Rs.10,568 |

Maruti Celerio X ZXI | 9.8 | Rs.57,565 | Rs.10,947 |

Maruti Celerio X AMT VXI | 9.8 | Rs.59,941 | Rs.11,407 |

Maruti Celerio X AMT VXI Option | 9.8 | Rs.60,900 | Rs.11,589 |

## Calculate your Loan EMI for Celerio X

- Total Loan AmountRs.0
- Payable AmountRs.0
- You''ll pay extraRs.0

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## Frequently Asked Questions On Celerio X Emi

### What will be the lowest down payment for Maruti Celerio X?

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

### What will be the monthly EMI for the Maruti Celerio X?

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 Maruti Celerio X 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. 4.91 Lakh- on an annual rate of interest of 9.8% for a tenure of 5 years then EMI will be Rs 10,386. 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 Maruti Celerio X?

Interest rate for the Maruti Celerio X 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 Maruti Celerio X?

EMI for the Maruti Celerio X 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.

**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.