Maruti Suzuki is one of the leading automobile companies in India and provides cars in various categories. It provides the Maruti Fronx automatic in the small sport utility vehicle category. If you are considering purchasing the Maruti Fronx automatic, how much will you be paying as your monthly EMI after giving ₹2 lakh as the down payment? Here is the update.

The price of the Maruti Fronx automatic is ₹8.15 lakh. The Delhi on-road price comes out to be ₹9.24 lakh. The total comes from the ex-showroom price of ₹8.15 lakh, around ₹68,000 towards RTO, and around ₹39,000 for insurance.

If you purchase the base variant of this car with automatic transmission, the bank will finance the ex-showroom price. So, after making a down payment of ₹2 lakh, you will have to finance an amount of approximately ₹7.24 lakh from the bank. If you are given ₹7.24 lakh for seven years at a nine percent interest rate, you will have to pay only ₹11,646 per month as EMI for the next seven years.

If you take a car loan from the bank for ₹7.24 lakh for seven years at a nine percent interest rate, you will have to pay ₹11,646 per month as EMI for seven years. Thus, over seven years, you will pay approximately ₹2.54 lakh as interest for the Fronx automatic transmission. After which, you will pay a total price of around Rs 11.78 lakh including ex-showroom, on-road and interest.

Maruti Suzuki launches the Fronx in the compact SUV segment. In this segment, it competes directly with SUVs like Maruti Brezza, Hyundai Venue, Kia Sonet, Kia Syros, Mahindra XUV 3XO. Apart from this, it also faces competition from some hatchback cars in terms of price.