The Kwid is sold by Renault as a hatchback, and the starting model is termed the Evolution. The on-ex showroom price of the Kwid is ₹4.53 lakh. In Delhi, RTO prices are ₹18,000 and insurance is ₹24,000, which means that the on-road price of the vehicle is ₹4.95 lakh.

In case you purchase the base version, the bank would finance only the ex-showroom price. After paying ₹2 lakh as a down payment, you will have to take financing of ₹2.95 lakh. In case the bank gives a loan of ₹2.95 lakh for 7 years at the rate of 9%, then you would have to pay an EMI of ₹4,743 per month.

A loan of ₹2.95 lakh for 7 years at 9% interest rate means you have to pay ₹4,743 each month for 7 years. Thus, in the end, you will have paid about ₹1.03 lakh as interest on the Renault Kwid. Thus, the total price would come out to be about ₹5.98 lakh.

Renault offers the Kwid as a hatchback. In the market, it competes directly with cars such as the Maruti Alto K10, Maruti Celerio, Maruti S-Presso, and Maruti Wagon R.

The Kwid is sold by Renault as a hatchback, and the starting model is termed the Evolution. The on-ex showroom price of the Kwid is ₹4.53 lakh. In Delhi, RTO prices are ₹18,000 and insurance is ₹24,000, which means that the on-road price of the vehicle is ₹4.95 lakh.

In case you purchase the base version, the bank would finance only the ex-showroom price. After paying ₹2 lakh as a down payment, you will have to take financing of ₹2.95 lakh. In case the bank gives a loan of ₹2.95 lakh for 7 years at the rate of 9%, then you would have to pay an EMI of ₹4,743 per month.

A loan of ₹2.95 lakh for 7 years at 9% interest rate means you have to pay ₹4,743 each month for 7 years. Thus, in the end, you will have paid about ₹1.03 lakh as interest on the Renault Kwid. Thus, the total price would come out to be about ₹5.98 lakh.

Renault offers the Kwid as a hatchback. In the market, it competes directly with cars such as the Maruti Alto K10, Maruti Celerio, Maruti S-Presso, and Maruti Wagon R.