Maruti Suzuki, a leading automaker with offerings across various segments, presents the Maruti Victoris as a mid-size SUV. If you're interested in the hybrid version and plan to make a ₹2 lakh down payment, here's what your monthly EMI might look like. This article provides the details.

The Victoris comes in multiple variants, including the hybrid VXI Strong Hybrid. The ex-showroom price for this hybrid is ₹16.38 lakh. In Delhi, additional costs include approximately ₹1.64 lakh for RTO, about ₹73,000 for insurance, and roughly ₹16,000 as TCS charges. When these are added, the total on-road price reaches around ₹18.91 lakh.

For the hybrid, the bank finances only the ex-showroom price. After a ₹2 lakh down payment, you need to finance approximately ₹16.91 lakh. If the bank provides this amount over seven years at 9% interest, your monthly EMI will be about ₹27,207.

Over seven years, paying this EMI entails about ₹5.94 lakh in interest. Including the ex-showroom, on-road costs, and interest, the total amount paid for the car would be around ₹24.85 lakh.

The Victoris competes in the mid-size SUV segment, facing direct rivals like the Maruti Grand Vitara, Kia Seltos, Hyundai Creta, Honda Elevate, Mahindra XUV700, and Scorpio N.