Maruti, which is one of the top automobile manufacturers in the nation, produces automobiles in various categories. The manufacturer provides the Maruti Alto K10 as the cheapest car available in the nation. If you wish to buy the base model of this automobile, what will be your monthly EMI for the next seven years after a down payment of ₹1 lakh? We are informing you about this in this news.

Alto K10 is produced by Maruti. The base model, LXI, comes with an on-road price of ₹3.70 lakh. If bought in Delhi, you will have to spend around ₹17,000 for its registration and ₹21,000 for insurance and thus an on-road price of ₹4.08 lakh.

If you buy the base model of the Maruti Alto K10, the bank finances the vehicle on an ex-showroom price. Thus, by paying a down payment of ₹1 lakh, you have to finance around ₹3.08 lakh from the bank. By financing ₹3.08 lakh for the next seven years at an interest rate of nine percent, your monthly EMI would come to only ₹5,011.

If you take a car loan from a bank for ₹3.08 lakh for seven years at a nine percent interest rate, you'll have to pay an EMI of ₹5,011 for seven years. In this case, over seven years, you'll pay approximately ₹1.12 lakh in interest for the base variant of the Maruti Alto K10. After this, the total cost of your car, including ex-showroom, on-road, and interest, will be approximately ₹5.21 lakh.

Maruti Suzuki's Alto K10 is positioned in the hatchback segment. In this segment, it competes directly with budget cars like Maruti's Wagon R, S-Presso, Celerio, Renault Kwid, and Tata Tiago.

Maruti, which is one of the top automobile manufacturers in the nation, produces automobiles in various categories. The manufacturer provides the Maruti Alto K10 as the cheapest car available in the nation. If you wish to buy the base model of this automobile, what will be your monthly EMI for the next seven years after a down payment of ₹1 lakh? We are informing you about this in this news.

Alto K10 is produced by Maruti. The base model, LXI, comes with an on-road price of ₹3.70 lakh. If bought in Delhi, you will have to spend around ₹17,000 for its registration and ₹21,000 for insurance and thus an on-road price of ₹4.08 lakh.

If you buy the base model of the Maruti Alto K10, the bank finances the vehicle on an ex-showroom price. Thus, by paying a down payment of ₹1 lakh, you have to finance around ₹3.08 lakh from the bank. By financing ₹3.08 lakh for the next seven years at an interest rate of nine percent, your monthly EMI would come to only ₹5,011.

If you take a car loan from a bank for ₹3.08 lakh for seven years at a nine percent interest rate, you'll have to pay an EMI of ₹5,011 for seven years. In this case, over seven years, you'll pay approximately ₹1.12 lakh in interest for the base variant of the Maruti Alto K10. After this, the total cost of your car, including ex-showroom, on-road, and interest, will be approximately ₹5.21 lakh.

Maruti Suzuki's Alto K10 is positioned in the hatchback segment. In this segment, it competes directly with budget cars like Maruti's Wagon R, S-Presso, Celerio, Renault Kwid, and Tata Tiago.