There are several categories in which Hyundai sells its cars; one such category includes that of the premium hatchback range where i20 is sold. The following information reveals how much of monthly EMI you have to pay in case you wish to buy the basic variant by paying a down payment of ₹1 lakh.

There are several variants in the Hyundai i20 series. The ex-showroom price for the basic variant is ₹6 lakh. In Delhi, you will also need to pay around ₹24,000 as the cost of RTO and about ₹35,000 as the cost of insurance. This makes the on-road price ₹6.58 lakh for you.

In case you purchase the basic variant, the bank finances the ex-showroom price of the car. This means that after paying ₹1 lakh as down payment, you will have to take a loan of ₹5.58 lakh from the bank. If you are approved of the loan amount for seven years at an interest rate of 9%, your monthly EMI will be ₹8,986.

By taking a car loan of ₹5.58 lakh for seven years at a 9% interest rate, you would pay an EMI of ₹8,986 per month. Over the seven-year period, you would pay approximately ₹1.96 lakh in interest for the Hyundai i20 base variant. Consequently, the total cost of the car-combining the ex-showroom price, on-road costs, and interest-will come to approximately ₹8.54 lakh.

Hyundai positions the i20 in the premium hatchback segment. It is offered with a host of excellent features and safety specifications, placing it in direct competition with the Maruti Suzuki Baleno, Toyota Glanza, and Tata Altroz ​​Facelift.

There are several categories in which Hyundai sells its cars; one such category includes that of the premium hatchback range where i20 is sold. The following information reveals how much of monthly EMI you have to pay in case you wish to buy the basic variant by paying a down payment of ₹1 lakh.

There are several variants in the Hyundai i20 series. The ex-showroom price for the basic variant is ₹6 lakh. In Delhi, you will also need to pay around ₹24,000 as the cost of RTO and about ₹35,000 as the cost of insurance. This makes the on-road price ₹6.58 lakh for you.

In case you purchase the basic variant, the bank finances the ex-showroom price of the car. This means that after paying ₹1 lakh as down payment, you will have to take a loan of ₹5.58 lakh from the bank. If you are approved of the loan amount for seven years at an interest rate of 9%, your monthly EMI will be ₹8,986.

By taking a car loan of ₹5.58 lakh for seven years at a 9% interest rate, you would pay an EMI of ₹8,986 per month. Over the seven-year period, you would pay approximately ₹1.96 lakh in interest for the Hyundai i20 base variant. Consequently, the total cost of the car-combining the ex-showroom price, on-road costs, and interest-will come to approximately ₹8.54 lakh.

Hyundai positions the i20 in the premium hatchback segment. It is offered with a host of excellent features and safety specifications, placing it in direct competition with the Maruti Suzuki Baleno, Toyota Glanza, and Tata Altroz ​​Facelift.