Car Loan for Honda Jazz: Features & Benefits
| Interest Rate Honda Jazz | 8.50% – 10.5 % Per Annum |
| Loan Amount | Up to 100% of the total amount |
| Tenure | 12 – 84 Months |
| Lowest EMI per lakh | Rs 1,666 |
| Processing Fee | Rs 2,500 – Rs 10,000 |
| Prepayment Charges | Varies with Banks |
Honda Jazz Car Loan Eligibility Criteria:
| Particulars | Details |
| Minimum Age of the Applicant | 18 years |
| Maximum Age of the Applicant | 60 years for salaried applicants and 65 years for self-employed applicants |
| Minimum Annual Income | Rs. 100000 net annual income. for salaried individuals,
and Net profit Rs. 60000 p.m. for Self – Employed individuals |
| Car Model | Any approved car model |
| Type of Employment | Salaried or self-employed |
| Country or Place of Residence | India (rural/semi-urban/urban areas) |
| Duration of Stay in Current Residence | A minimum of 1 year |
Honda Jazz Car Loan EMI Calculator:
Equated Monthly Instalment (acronym – EMI) is the amount paid to the Bank/NBFC until the loan is completely repaid. It includes the amount that the bank paid to cover the charges for Honda Jazz* and the interest on that amount.
DialaBank provides the ideal Car Loan EMI Calculator for Honda Jazz. The EMI Calculator would assist you in making an educated and wise decision about the loan amount, the interest rate, the tenure, and the consequents cost of EMIs.
The formula to calculate EMI is given below:
E is EMI
P is Principal Loan Amount
r is the rate of interest calculated on a monthly basis. (i.e., r = Rate of Annual interest/12/100. If rate of interest is 10.5% per annum, then r = 10.5/12/100=0.00875)
n is loan term/tenure/duration in number of months
*The loan amount for an individual depends on various criteria described above.
Honda Jazz Car Loan Interest Rate, Fees, and Charges
| Interest Rate Honda Jazz | 8.50% – 10.5 % Per Annum |
| Loan Amount | Up to 100% of the total amount |
| Tenure | 12 – 84 Months |
| Lowest EMI per lakh | Rs 1,666 |
| Processing Fee | Rs 2,500 – Rs 10,000 |
| Prepayment Charges | Varies with Banks |
Apart from the charges mentioned above, there are a variety of fees associated with car loans.
Fees include stamp duty, road tax, loan cancellation fees, loan bank transfer fees, etc.
These various charges are the same for all lenders. However, there could be minor differences that are subject to regional charges.
Documents Required for Honda Jazz Car Loan:
The documents required for a car loan are as follows:
| Identity Proof | Residence Proof | Income Proofs |
| Driving License | Copy of Electricity Bill/Water Bill/Telephone Bill | Salary Slips for the last three months |
| PAN/ Aadhaar | Copy of valid Passport/Aadhar Card/Driving License | Copy of Form 16 or Income Tax Returns for the previous two years |
| Voter ID | Copy of Voter ID card | Bank account statements of the previous 6 months |
| Valid Passport | If self-employed, submit P&L account, Balance sheet |
Honda Jazz:
Rs.7.55 – 9.79 Lakh*
*Ex-showroom Price in New Delhi
Honda Jazz Price
Honda Jazz price starts at ₹ 8.89 Lakh and goes up to ₹ 11.46 Lakh. The cost of the Petrol version for Jazz ranges between ₹ 8.89 Lakh – ₹ 11.46 Lakh.
| Versions | On-Road Price | Basic Specifications |
| Jazz V | ₹ 8.89 Lakh | 1199 cc, Petrol, Manual, 16.6 kmpl |
| Jazz VX | ₹ 9.70 Lakh | 1199 cc, Petrol, Manual, 16.6 kmpl |
| Jazz V CVT | ₹ 10.15 Lakh | 1199 cc, Petrol, Automatic (CVT), 17.1 kmpl |
| Jazz ZX | ₹ 10.43 Lakh | 1199 cc, Petrol, Manual, 16.6 kmpl |
| Jazz VX CVT | ₹ 10.84 Lakh | 1199 cc, Petrol, Automatic (CVT), 17.1 kmpl |
| Jazz ZX CVT | ₹ 11.46 Lakh | 1199 cc, Petrol, Automatic (CVT), 17.1 kmpl |
| ARAI Mileage | 16.8 – 17.1 KMPL |
| Engine | 1.2 Litres i-VTEC Petrol Engine |
| Maximum Torque (nm@rpm) | 110Nm@4800rpm |
| Transmission type | Manual/ Automatic |
| Fuel Tank Capacity (litres) | 40 |
| Max Power ( BPH @ RPM) | 88.51bhp@6000rpm |
| Seating Capacity | 5 |
| Boot Space | 354 |
|
Segment |
Hatchback |
Honda Jazz Car Loan Key Specs:
| Adjustable headlights | Yes |
| Low Fuel Warning Lamp | Yes |
| Touch Screen Display | Yes |
| Sensor Airbags | Yes |
| Antenna | No |
| Power Windows | Yes |
| Number of speakers | 4 |
| Electronic Brakeforce Distribution EBD: | Yes |
| Rear Entertainment system | No |
Down payment required for Honda Jazz Car Loan:
Down-payment value is a factor that affects the interest rate and the consequent EMIs that have to be paid.
Please contact your nearest Bank/Dealer to know more about the down-payment amount required, as this varies with region and the bank is chosen.
About Honda Jazz:
The Honda Jazz is a hatchback that is practical and spacious. And in 2018, the efficient, reliable and roomy hatchback was given a mild refresh that saw some new features and equipment on the list, and the 2020 update saw the removal of the diesel variant due to low demand. Now the company offers only the 1200cc petrol variant that comes in manual or automatic transmission.
Safety & Security Features of Honda Jazz:
| Anti-Lock Braking System | Yes |
| Brake Assist | No |
| Central Locking | Yes |
| Power Door Locks | Yes |
| Child Safety Locks | Yes |
| Anti-Theft Alarm | No |
| No of Airbags | 2 |
| Driver Airbag | Yes |
| Passenger Airbag | Yes |
| Seat Belt Warning | Yes |
| Door Ajar Warning | Yes |
| Side Impact Beams | Yes |
| Front Impact Beams | Yes |
| Traction Control | No |
| Adjustable Seats | Yes |
| Tyre Pressure Monitor | Yes |
| Vehicle Stability Control System | Yes |
| Rear Camera | No |
| Anti-Theft Device | No |
Honda Jazz Comparison with similar cars:
| Specs | Jazz ZX CVT | Baleno Alpha CVT | i20 Asta Opt Turbo DCT DT |
| Ex-Showroom Price | Rs. 9.79 Lakh | Rs. 9.30 Lakh | Rs. 11.34 Lakh |
| Engine Displacement | 1199 cc | 1197 cc | 998 cc |
| Body Type | Hatchback | Hatchback | Hatchback |
| Fuel Type | Petrol | Petrol | Petrol |
| Max Power | 88.51bhp@6000rpm | 81.80bhp@6000rpm | 118.36bhp@6000rpm |
| No Of Cylinders | 4 | 4 | 3 |
| Transmission | Automatic | Automatic | Automatic |
| Gear Box | 7-Speed | CVT | 7 Speed DCT |
| Drive Type | FWD | FWD | FWD |
| Mileage (ARAI) | 17.1 Kmpl | 19.56 Kmpl | 20.28 Kmpl |
| Tyre Size | 175/65 R15 | 195/55 R16 | 195/55 R16 |
| Boot Space | 354 Liters | 339 Liters | 311 |
Honda Jazz Mileage/Average:
| Jazz Versions | ARAI Mileage |
| Jazz V
1199 cc, Petrol, Manual, ₹ 8.89 Lakh |
16.6 kmpl |
| Jazz VX
1199 cc, Petrol, Manual, ₹ 9.70 Lakh |
16.6 kmpl |
| Jazz V CVT
1199 cc, Petrol, Automatic (CVT), ₹ 10.15 Lakh |
17.1 kmpl |
| Jazz ZX
1199 cc, Petrol, Manual, ₹ 10.43 Lakh |
16.6 kmpl |
| Jazz VX CVT
1199 cc, Petrol, Automatic (CVT), ₹ 10.84 Lakh |
17.1 kmpl |
| Jazz ZX CVT
1199 cc, Petrol, Automatic (CVT), ₹ 11.46 Lakh |
17.1 kmpl |
How to get Honda Jazz Car Loan:
Honda Jazz is an excellent purchase decision for customers that are interested in buying a premium hatchback from a reputable car manufacturer. All banks and NBFC might not be able to fund the value of the car for their customers.
To save interested customers the trouble, the easiest method of getting a car loan for Honda Jazz is with the help of India First Financial Helpline, Dialabank.
To apply for a loan: visit our website at Dialabank or call us at Dialabank: 9878981166
