Maruti Suzuki is a leading car manufacturer in India and offers vehicles in various categories. The Maruti Grand Vitara is a mid-size SUV car model available in the market. Now, if you are intending to purchase the base model of this SUV car and have paid a down payment of ₹2 lakh, what should be your EMI?

Maruti is offering the Sigma variant of the Grand Vitara as the base model. The company is offering the base variant of the mid-size SUV at an ex-showroom price of ₹11.76 lakh. If the vehicle is bought in the Delhi region, the registration charges for the vehicle would be approximately ₹1.07 lakh, the insurance cost would be approximately ₹53,000, and the TCS would be ₹10,700. The on-road price of the vehicle in Delhi is then ₹12.47 lakh.

If you purchase the base variant, Sigma, of the Maruti Grand Vitara, the bank will finance the ex-showroom price. Therefore, after making a down payment of ₹2 lakh, you will have to finance an amount of approximately ₹10.47 lakh. If you are given a loan of ₹10.47 lakh from the bank for seven years at a nine percent interest rate, you will have to pay an EMI of only ₹16,850 per month for the next seven years.

If you take a car loan of ₹10.47 lakh from the bank for seven years at a nine percent interest rate, you will have to pay an EMI of ₹16,850 per month for seven years. In this case, you will pay approximately ₹3.68 lakh as interest for the base variant of the Maruti Grand Vitara, Sigma, over seven years. After this, the total price of your car, including ex-showroom, on-road, and interest, will be approximately ₹16.15 lakh.

The Grand Vitara is offered by Maruti Suzuki in the mid-size SUV segment. In this segment, it competes directly with SUVs like the Tata Harrier, Toyota Urban Cruiser Hyryder, Hyundai Creta, Kia Seltos, MG Hector, and Honda Elevate.

Maruti Suzuki is a leading car manufacturer in India and offers vehicles in various categories. The Maruti Grand Vitara is a mid-size SUV car model available in the market. Now, if you are intending to purchase the base model of this SUV car and have paid a down payment of ₹2 lakh, what should be your EMI?

Maruti is offering the Sigma variant of the Grand Vitara as the base model. The company is offering the base variant of the mid-size SUV at an ex-showroom price of ₹11.76 lakh. If the vehicle is bought in the Delhi region, the registration charges for the vehicle would be approximately ₹1.07 lakh, the insurance cost would be approximately ₹53,000, and the TCS would be ₹10,700. The on-road price of the vehicle in Delhi is then ₹12.47 lakh.

If you purchase the base variant, Sigma, of the Maruti Grand Vitara, the bank will finance the ex-showroom price. Therefore, after making a down payment of ₹2 lakh, you will have to finance an amount of approximately ₹10.47 lakh. If you are given a loan of ₹10.47 lakh from the bank for seven years at a nine percent interest rate, you will have to pay an EMI of only ₹16,850 per month for the next seven years.

If you take a car loan of ₹10.47 lakh from the bank for seven years at a nine percent interest rate, you will have to pay an EMI of ₹16,850 per month for seven years. In this case, you will pay approximately ₹3.68 lakh as interest for the base variant of the Maruti Grand Vitara, Sigma, over seven years. After this, the total price of your car, including ex-showroom, on-road, and interest, will be approximately ₹16.15 lakh.

The Grand Vitara is offered by Maruti Suzuki in the mid-size SUV segment. In this segment, it competes directly with SUVs like the Tata Harrier, Toyota Urban Cruiser Hyryder, Hyundai Creta, Kia Seltos, MG Hector, and Honda Elevate.