₹1 Lakh Down Payment for Citroen e‑C3: Check Monthly EMI and Total Cost

Citroen sells the Ec3 in the electric hatchback segment in India. If you want to buy the base variant of this car, know how much EMI it will cost per month after making a down payment of ₹100,000. Citroen offers the Ec3 in the electric hatchback segment. The manufacturer's ex-showroom price for the base variant of this electric car is ₹12.90 lakh. If purchased in Delhi, you'll have to pay approximately ₹51,000 for insurance. After which, the on-road price of the hatchback car will be around Rs 13.53 lakh.

If you purchase the base variant of the Citroen Ec3, the bank will finance the car at the ex-showroom price only. In this case, after making a down payment of Rs 1 lakh, you will have to finance an amount of around Rs 12.53 lakh from the bank. If you are given Rs 12.53 lakh for seven years at a nine percent interest rate, then you will have to pay an EMI of only Rs 20,169 per month for the next seven years.

If you take a car loan of Rs 12.53 lakh from the bank for seven years at a nine percent interest rate, then you will have to pay an EMI of Rs 20,169 per month for seven years. Thus, in seven years, you will pay around Rs 4.40 lakh as interest on the base variant of the Citroen Ec3. After this, the total price of your car, including ex-showroom, on-road, and interest, will be around ₹17.94 lakh.

The Ec3 is offered by Citroen in the electric hatchback segment. In this segment, it competes directly with electric cars like the MG Comet EV, Tata Punch EV, and Tata Tiago EV.