Car maker Maruti Suzuki manufactures cars in various categories. The Maruti Baleno is available in the category of premium hatchback. Now, in case you are thinking of purchasing the base variant of the Sigma, the premium hatchback, how much EMI will you be able to pay after putting down a deposit of ₹2 lakhs? We are informing you about that in this article.
The manufacturer, Maruti, offers the Sigma as the base variant of the Baleno. Maruti offers the base variant of the premium hatchback at an ex-showroom price of ₹5.99 lakh. If you purchase it from Delhi, you will have to pay the registration and insurance charges apart from the ex-showroom price of ₹5.99 lakh. The amount that you will have to pay as registration tax and insurance charges for purchasing this car would be ₹28,000 and ₹35,000 respectively. This makes the on-road price of the car ₹6.61 lakh.
If you purchase the base variant of Maruti Baleno, Sigma, the bank will finance the ex-showroom price only. In such a case, after making a down payment of ₹2 lakh, you will have to finance an amount of approximately ₹4.61 lakh from the bank. If you are given a loan of ₹4.61 lakh from the bank for seven years at a nine percent interest rate, you will have to pay an EMI of just ₹7,503 per month for the next seven years.
If you take a car loan of ₹4.61 lakh from the bank for seven years at a nine percent interest rate, you will have to pay an EMI of ₹7,503 per month for seven years. In this case, over seven years, you will pay approximately ₹1.68 lakh as interest for the base variant of the Maruti Baleno, Sigma. After this, the total price of your car, including ex-showroom, on-road, and interest, will be approximately ₹8.30 lakh.
The Baleno is offered by Maruti Suzuki in the premium hatchback segment. In this segment, it competes directly with the Tata Altroz, Toyota Glanza, and Hyundai i20. Furthermore, in terms of price, it faces competition from cars like the Nissan Magnite, Renault Kiger, Maruti Swift, and Fronx.
Car maker Maruti Suzuki manufactures cars in various categories. The Maruti Baleno is available in the category of premium hatchback. Now, in case you are thinking of purchasing the base variant of the Sigma, the premium hatchback, how much EMI will you be able to pay after putting down a deposit of ₹2 lakhs? We are informing you about that in this article.
The manufacturer, Maruti, offers the Sigma as the base variant of the Baleno. Maruti offers the base variant of the premium hatchback at an ex-showroom price of ₹5.99 lakh. If you purchase it from Delhi, you will have to pay the registration and insurance charges apart from the ex-showroom price of ₹5.99 lakh. The amount that you will have to pay as registration tax and insurance charges for purchasing this car would be ₹28,000 and ₹35,000 respectively. This makes the on-road price of the car ₹6.61 lakh.
If you purchase the base variant of Maruti Baleno, Sigma, the bank will finance the ex-showroom price only. In such a case, after making a down payment of ₹2 lakh, you will have to finance an amount of approximately ₹4.61 lakh from the bank. If you are given a loan of ₹4.61 lakh from the bank for seven years at a nine percent interest rate, you will have to pay an EMI of just ₹7,503 per month for the next seven years.
If you take a car loan of ₹4.61 lakh from the bank for seven years at a nine percent interest rate, you will have to pay an EMI of ₹7,503 per month for seven years. In this case, over seven years, you will pay approximately ₹1.68 lakh as interest for the base variant of the Maruti Baleno, Sigma. After this, the total price of your car, including ex-showroom, on-road, and interest, will be approximately ₹8.30 lakh.
The Baleno is offered by Maruti Suzuki in the premium hatchback segment. In this segment, it competes directly with the Tata Altroz, Toyota Glanza, and Hyundai i20. Furthermore, in terms of price, it faces competition from cars like the Nissan Magnite, Renault Kiger, Maruti Swift, and Fronx.