The Renault Kiger is offered by Renault in the compact SUV segment in the Indian market. If you have to purchase the automatic model, what would be the monthly EMI amount if you deposit ₹1 lakh? 

The Renault Kiger is offered by Renault in the compact SUV segment. The Renault Kiger is available in its automatic Evolution variant. The ex-showroom price of this model is ₹6.99 lakh. When you purchase this in Delhi, the total price will be ex-showroom price plus registration and insurance charges. Registration cost is ₹49,000 and insurance cost is ₹32,000. Thus the total on-road cost in Delhi is ₹7.80 lakh.

If you purchase the Evolution variant of the Kiger, the bank will finance the ex-showroom price. Thus, after making a down payment of ₹1 lakh, you will have to finance an amount of approximately ₹6.80 lakh from the bank. If the bank gives you ₹6.80 lakh for seven years at 9% interest, you will have to pay an EMI of only ₹11,057 per month for the next seven years.

If you take a car loan of Rs 6.80 lakh from a bank for seven years with an interest rate of 9%, then you will have to pay an EMI of Rs 11057 every month for seven years. In such a situation, in seven years you will pay around Rs 2.48 lakh as interest for the automatic variant of Renault Kiger. After which the total price of your car including ex-showroom, on-road and interest will be around Rs 10.28 lakh.

Kiger is brought by Renault in the compact SUV segment. In this segment, it competes directly with compact SUVs like Nissan Magnite, Hyundai Venue, Kia Syros, Kia Sonet, Maruti Brezza, Tata Punch.

The Renault Kiger is offered by Renault in the compact SUV segment in the Indian market. If you have to purchase the automatic model, what would be the monthly EMI amount if you deposit ₹1 lakh? 

The Renault Kiger is offered by Renault in the compact SUV segment. The Renault Kiger is available in its automatic Evolution variant. The ex-showroom price of this model is ₹6.99 lakh. When you purchase this in Delhi, the total price will be ex-showroom price plus registration and insurance charges. Registration cost is ₹49,000 and insurance cost is ₹32,000. Thus the total on-road cost in Delhi is ₹7.80 lakh.

If you purchase the Evolution variant of the Kiger, the bank will finance the ex-showroom price. Thus, after making a down payment of ₹1 lakh, you will have to finance an amount of approximately ₹6.80 lakh from the bank. If the bank gives you ₹6.80 lakh for seven years at 9% interest, you will have to pay an EMI of only ₹11,057 per month for the next seven years.

If you take a car loan of Rs 6.80 lakh from a bank for seven years with an interest rate of 9%, then you will have to pay an EMI of Rs 11057 every month for seven years. In such a situation, in seven years you will pay around Rs 2.48 lakh as interest for the automatic variant of Renault Kiger. After which the total price of your car including ex-showroom, on-road and interest will be around Rs 10.28 lakh.

Kiger is brought by Renault in the compact SUV segment. In this segment, it competes directly with compact SUVs like Nissan Magnite, Hyundai Venue, Kia Syros, Kia Sonet, Maruti Brezza, Tata Punch.