• Upcoming Hatchback Cars in India

    If you are in the market for a modern hatchback, take a look at the list of upcoming new and updated hatchbacks from top carmakers that will be launched in the Indian market in 2018-19:

    • Ford Figo facelift: The Figo facelift will get new Dragon series petrol engines. The car is estimated to be priced at Rs.5-8 lakh. The facelift will have a revised bumper, larger swept-back headlamps, and a new high-mounted trapezoidal grille with chrome surround. The DRLs and fog lamps will have the distinctive C-shaped chrome details. The side profile of the car is enhanced with twin-spoke black alloy wheels and wheel arch cladding. The interior will feature a 6.5-inch SYNC3 touchscreen infotainment system that supports Android Auto and Apple CarPlay. The 2018 Ford Figo facelift will be powered by a 1.2-litre 3-cylinder Dragon engine that generates 95 bhp power and 115 Nm torque. Safety features of the car include dual front airbags, engine immobiliser, and Anti-Lock Braking System (ABS) with Electronic Brake Force Distribution (EBD). The petrol MT claims a mileage of 19 kmpl and petrol AT claims 17 kmpl while the diesel MT claims 26 kmpl.
    • Maruti Suzuki Future S: The Concept Future S by MSI displays a modern urban micro SUV in design. It has sleek yet aggressive headlamps and tail-lights. The car body is coloured in bright orange with pearl white accent. The Future S also has a high ground clearance with a flat hood, wide arches and haunches. The interior is colored in ivory white. The exact specifications of the Maruti Suzuki Future S are yet to be revealed. The price of the car is estimated to be between Rs.6-9 lakh, approximately.
    • Honda Jazz Facelift: The new Honda Jazz facelift will be powered by a 1.2-litre petrol engine that generates 87 bhp power and 110 Nm torque, and a 1.5-litre diesel engine that generates 99 bhp power and 200 Nm torque. The petrol engine will be paired to a 5-speed MT and CVT unit. The diesel engine will be paired to a 6-speed MT unit. The car will have a 7-inch DIGPAD infotainment system that supports Apple CarPlay and Android Auto. The petrol variant is estimated to cost between Rs.6-8 lakh while the diesel variant will be Rs.7-9.5 lakh, approximately. The car claims a mileage of 18.7 kmpl MT and 19 kmpl CVT for petrol and 27.3 kmpl for MT diesel.
    • Tata X451: Tata Motors unveiled its premium hatchback called X451 at the 2018 Auto Expo in India. The new X451 is based on the company's new IMPACT design 2.0 philosophy. The car has swept-back headlamps, ceramic shoulder line, wraparound tail lights, sloping roofline, and hexa-like front grille. It will be powered by a 1.2-litre Revotron petrol engine that generates 108 bhp power and 170 Nm torque. The diesel option will be powered by a 1.05-litre Revotorq diesel with VGT that generates 110 PS power and 260 Nm torque. The engines will be paired with a 6-speed manual gearbox and an optional AMT unit. The car is priced at Rs.5-7.5 lakh, approximately.
    • Hyundai Santro 2018: The new Santro is priced at Rs.4-6 lakh, approximately. It will likely have a 0.8-litre and 1-litre engine options which will be paired with a 5-speed manual gearbox or an AMT option. The exact specifications and features of the car are not yet available.
    • New Hyundai Elite i20: The car is priced at Rs.5.34 lakh, approximately. It is powered by a 1.2-litre Kappa Dual VTVT petrol engine that generates 83 PS power and 115 Nm torque. The petrol is engine is paired to a 5-speed manual gearbox. Another option is the 1.4-litre U2 CRDi diesel engine that generates 90 PS power and 220 Nm torque. The diesel engine is paired with a 6-speed manual gearbox. The Elite i20 claims a mileage of 19 kmpl for petrol and 23 kmpl for diesel.
    • All-new Maruti Suzuki Swift: The new generation Maruti Suzuki Swift is based on the company's HEARTECT design platform. It features LED DRLs and tail-lights, a new front and rear bumper, and a bold single-frame grille with headlamps and projector units on each side. The major style and design overhaul of the car includes a floating-style roof design, with black B-pillar. The new Swift has an AMT unit paired with 1.2-litre petrol and 1.3-litre diesel engine options. The car is priced at Rs.4.99 lakh to Rs.8.29 lakh, approximately. It claims a mileage of 22 kmpl and 28.4 kmpl for petrol and diesel, respectively. The new Swift competes with Ford Figo and Hyundai Grand i10.
    • 2018 MG3 Hatchback: The iconic British brand, MG Motors which is owned by SAIC Motors is launching it first car in the Indian market this year. The 2018 MG3 Hatchback will be an economical offering from MG Motors.
    • Ford Figo Cross: The Ford Figo Cross is a hatchback-SUV crossover that is a rugged version of the Figo hatchback. It will compete with Fiat Urban Cross, Toyota Etios Cross, and Hyundai i20 Active. The car features a massive floating touchscreen infotainment system that supports Ford's SYNC3 connectivity, Android Auto, and Apple CarPlay. It will be launched as Ford Figo Freestyle in June 2018 in the Indian market. The crossover model has a new grille, new colour, plastic cladding, 6 spoke black alloy wheels, and roof rails. Ford Figo Cross will be powered by Ford’s new 1.2-litre 3-cylinder petrol engine that generates 95 bhp power and 120 Nm torque which will be paired to a 5-speed manual gearbox. Safety features of this car include ABS with EBD and airbags.
    • Tata Tiago Electric: The expected price of Tata Tiago EV is between Rs.8.5 lakh to Rs.11 lakh, approximately. The car will have a lithium-ion battery. The car boasts a driving range of 100 km in a single charge. The battery will be charged to 40% in an hour. The car will likely be powered by an 85 kW electric motor that generates 200 Nm torque. It will have a single-speed gearbox. The car claims a top speed of 135 kmph. The car can go from 0 to 100 kmph in 11 seconds.
    • Mahindra KUV100 Electric: Mahindra and Mahindra is ready to launch an electric version of the KUV100 this year. The car is expected to be powered by the company's e2o 19kW motor which will generate 70 Nm torque. The e-KU100 boasts a driving range of 140 km on an electric-only driving range. The car also comes with a fast charging option wherein the battery can be charged to 80% in under an hour. the e-KUV100 features central locking with remote key, cabin pre-cooling, smartphone connectivity, location tracking, driving pattern monitoring, and battery status monitoring.
    • Datsun redi-GO AMT: This car was first launched in India in 2016 by Nissan Motors India and the 1-litre engine model was sold in 2017. Everyone was eagerly awaiting the launch of redi-GO AMT which was launched at the end of January 2018. The car is powered by the same 999cc, 1-litre, 3-cylinder iSAT engine that generates 67 bhp power and 91 Nm torque. The engine will be paired with a 5-speed AMT unit. The redi-GO AMT is priced at Rs.3.80 lakh. It will compete with Renault Kwid AMT and Maruti Suzuki Alto K10 AGS. The redi-GO AMT comes with 2 driving modes - dual-driving mode and rush-hour mode. The redi-GO AMT is available in 5 colour options.

    Car loans for Upcoming Hatchbacks in India 2018

    You can afford to purchase any of the above-mentioned hatchbacks by obtaining a low-interest rate car loan from a bank or a non-banking financial company. Banks and NBFCs offer new and used car loans for the purchase of new and pre-owned cars of your choice. You can get auto loans for most makes and models of cars in the market.

    Car Loan Eligibility

    Any salaried or self-employed person with a good credit score of 750 and above, a minimum work experience of 2 years in the same field, and a minimum net annual income of Rs.3-4 lakh is eligible for a car loan. Before applying for a car loan, it is important to check your car loan eligibility so as to avoid a loan rejection. Multiple loan rejections can have a negative effect on your credit score, which in turn, can affect your future loan prospects.

    Car loan EMI

    Car loans are repaid through Equated Monthly Installments (EMIs). You can use the free online car loan EMI calculator to find out how much your car loan will cost you monthly. All you have to do is enter the loan amount, processing fees, loan tenure, and interest rate of the car loan into the tool and click on ‘calculate’. You will get instant and accurate results of your car loan EMI in the form of an amortisation table which represents the periodic repayment schedule of your car loan.

    Car Loan Application

    To save time and energy, you can apply for a car loan online. Visit the lender’s web page to download the car loan application form. Submit the duly-filled and signed car loan application form along with the necessary documents such as identity, age, address, and income proofs to the bank through the bank website or the nearest bank branch. Aadhaar card, PAN card, Driving License, Voter’s ID card, and Passport can be furnished as identity proof. Submit recent passport-size photographs. Ration card and utility bills like telephone and electricity bills can be furnished as address proof. Birth certificate and 10th/12th school certificate can be submitted as age proof. The last 3-6 months’ salary slips and bank statements, Form 16, and IT returns can be provided as income proof.

    The bank will process your car loan application and verify the details the furnished by you. Upon approval, the car loan amount will be disbursed to your bank account in just a matter of few hours. To get the best car loan deal, compare several car loan offers across the top lenders and choose one with a low-interest rate, suitable loan tenure, low processing fee, and flexible repayment options.

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