Hyundai i20 EMI Calculator: Car Loan EMI on ₹5,99,700 (November 2026)

Pay 20% on a Hyundai i20's ₹5,99,700 entry variant and the ₹4,80,000 car loan costs ₹9,664 a month over 5 years at 7.7% p.a., UCO Bank's floor for CIBIL 825 and above. Pay 10% and the ₹5,40,000 loan costs ₹10,872: the extra ₹60,000 up front (5,40,000 minus 4,80,000) saves ₹1,208 a month (10,872 minus 9,664). This EMI calculator for Hyundai i20 runs both.

Rashmi Mandana By Rashmi Mandana · Content Writer Updated 10 November 2026 Reviewed by BankCreds Financial Experts

Car loan EMI calculator

₹
₹2 lakh₹5,99,700₹20,00,000
₹
₹0₹1,20,000 (20% of price)₹5,99,700
%
6%8.5% p.a.20%
yrs
1 year5 years8 years

Loan amount: ₹4,79,700. Reducing-balance EMI; processing fees and insurance are extra.

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Your monthly EMI

₹9,842

for 60 months

₹5,90,507

Total payable

Loan amount

₹4,79,700

Total interest

₹1,10,807

Interest is 18.8% of what you repay. A shorter tenure cuts it; a lower rate cuts it more.

Hyundai i20 EMI calculator: what 10% and 20% down cost

Hyundai Motor India's own price list, read on 10 November 2026, puts the entry i20 at ₹5,99,700 ex-showroom in New Delhi; the headline rounds it to ₹5,99,000, and we use the variant table's ₹5,99,700. The top variant is ₹10,68,200.

Your share is ₹59,700 with 10% down (5,99,700 minus 5,40,000) and ₹1,19,700 with 20% (5,99,700 minus 4,80,000). Five-year interest at 7.7% is ₹1,12,313 against ₹99,834, so the bigger cheque saves ₹12,479 (1,12,313 minus 99,834). At the 8.5% p.a. median floor across 30 lenders the EMIs are ₹11,079 and ₹9,848.

Those are ex-showroom figures; registration, road tax and insurance lift them to the on-road price lenders use.

Three, five or seven years on the ₹4,80,000 loan

Years7.7% p.a. EMI7.7% interest8.5% p.a. EMI8.5% interest
3₹14,975₹59,104₹15,152₹65,487
5₹9,664₹99,834₹9,848₹1,10,876
7₹7,410₹1,42,427₹7,602₹1,58,527

Three to five years trims the EMI by ₹5,311 (14,975 minus 9,664) for ₹40,730 more interest (99,834 minus 59,104). Five to seven trims only ₹2,254 (9,664 minus 7,410) for another ₹42,593 (1,42,427 minus 99,834).

Rate is the smaller lever: over 5 years, 8.5% means ₹9,848 a month, not ₹9,664.

Who starts under 7.8% p.a., and the catch in each floor

Four of 30, each with its condition; the full table is on our car loan interest rates page.

LenderFloor, and who gets itFunds up to
UCO Bank7.7% p.a., individuals with CIBIL 825 and above90% of on-road price
Bank of Maharashtra7.7% p.a., salaried with CIBIL 800 and above100% of on-road price
Indian Bank7.75% p.a., condition not published90% of on-road price
Canara Bank7.75% p.a. for women, CRG-PRIME, limits above ₹15 lakh; others 7.8%90% of on-road price

SBI opens at 8.55% p.a. for CIC scores of 800 and above over 3 to 5 years and funds up to 100% of on-road price.

Fitting the calculator to your dealer quote

The car loan EMI calculator opens on the 20% down case at the 8.5% p.a. median. Swap in your dealer's on-road quote (or any variant's ex-showroom price up to ₹10,68,200), your real down payment and quoted rate, then flip between 3, 5 and 7 years.

It ignores fees and insurance: Indian Bank charges ₹1,200 plus GST to process a car loan; UCO Bank's STP Car Loan takes 0.50% of the sanctioned sum, capped at ₹5,000, plus GST.

Prepayment is a rule, not an input. Under the RBI's 2025 directions on pre-payment charges, an individual's floating-rate car loan sanctioned from 1 January 2026 can be prepaid, part or full, with no charge and no lock-in; a fixed-rate loan may charge on the amount prepaid.

How to choose the right car loan once the EMI fits

Start with lenders whose floor condition you meet, then weigh processing fee and funding share against your on-road quote. Income and age limits are in our car loan eligibility guide; every lender is on the car loan hub.

Common mistakes: comparing a 5-year EMI with a 7-year one, treating the ex-showroom EMI as final, taking 7 years blind to the interest column, and reading a floor as your rate.

Frequently asked questions

Is there an EMI calculator for the Hyundai i20?
Yes, the one above this page's text. It starts at the i20's ₹5,99,700 entry price with 20% down at 8.5% p.a., the median floor across 30 lenders. Move any of the four inputs and the monthly figure and total interest follow.
What is the Hyundai i20 EMI for 5 years?
₹9,664 a month at 7.7% p.a. on the ₹4,80,000 loan left after 20% down, or ₹9,848 at 8.5% p.a. With 10% down and a ₹5,40,000 loan it's ₹10,872 or ₹11,079 a month. Five-year interest runs from ₹99,834 to ₹1,24,736 across those cases.
What is the Hyundai i20 on road price EMI?
More than the EMIs here, which use the ex-showroom ₹5,99,700 that Hyundai Motor India publishes. On-road is that price plus registration, road tax and insurance, and only the dealer's quote gives it. Type that quote into the calculator with your down payment.
How much down payment do I need for a Hyundai i20?
The lender's funding cap decides: UCO Bank lends up to 90% of on-road price, SBI publishes up to 100%. Here, 10% and 20% down leave your share at ₹59,700 and ₹1,19,700 (the ₹5,99,700 price minus the ₹5,40,000 and ₹4,80,000 loans).
What is the car loan interest rate for a Hyundai i20?
Banks price you, not the car. On 9 November 2026 the lowest starting rate among 30 lenders was UCO Bank's 7.7% p.a., for individuals with CIBIL 825 or higher; the median floor was 8.5% p.a. and the highest published ceiling 17.96% p.a.
What is the Hyundai i20 EMI per month?
Anywhere from ₹7,410 to ₹17,046 on the entry variant. The low end is the 7-year, 20% down loan at 7.7% p.a.; the high end is the 3-year, 10% down loan at 8.5% p.a. The four 5-year figures sit between ₹9,664 and ₹11,079.
Is there a Hyundai EMI calculator for other models?
This page's calculator is not tied to the i20; feed it any Hyundai's ex-showroom or on-road price, your down payment, the quoted rate and a tenure. For the i20, Hyundai Motor India's price list runs from ₹5,99,700 to ₹10,68,200 ex-showroom.
Can I get a 100% loan on a Hyundai i20?
Some publish it: SBI and ICICI Bank up to 100% of on-road price, HDFC Bank for selected models, Bank of Maharashtra for existing housing loan borrowers (nil margin). UCO Bank, Canara Bank and Indian Bank cap at 90%. Income and score decide.

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Disclaimer. Car loan rates are indicative and subject to change. The final rate depends on the lender's assessment of your profile and the car. Last verified on 9 November 2026. BankCreds is not a lender.

Sources

The banks' own card pages and terms, as listed on each card page.

Last verified: 9 November 2026

Written by Rashmi Mandana, reviewed by BankCreds Financial Experts

BankCreds does not sell cards or take applications. Fees and rewards change; the bank's own terms on the day you apply are what count, and approval is the bank's decision.

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