Bring home Hyundai Exter SUV after a down payment of Rs 1 lakh, know how much EMI you will have to pay

The South Korean automaker offers Exter in the micro SUV segment. A large number of people in the country are liking this car of the company. If you are also planning to buy it, then its base variant EX can be brought home after a down payment of Rs 1 lakh, at how many years of EMI. Let's know.

Tue, 04 Jun 2024 03:35 PM (IST)
Bring home Hyundai Exter SUV after a down payment of Rs 1 lakh, know how much EMI you will have to pay

The country's leading carmaker Hyundai offers the Exter SUV in the Indian market. A large number of people buy this car every month. If you are also planning to buy it, then it can be brought home by paying how much EMI every month. We are telling you in this news.

Hyundai is offering the Exter variant at an ex-showroom price of Rs 6.13 lakh. If you buy it in Delhi, you'll have to pay Rs 6.95 lakh. Aside from the ex-showroom price of Rs 6.13 lakh, this figure includes Rs 49196 for RTO, Rs 31944 for insurance, and Rs 850 for fastag and number plate.

If you purchase the EX variant of this car, the bank will only finance it at the ex-showroom price. In such a case, after making a down payment of Rs 1 lakh, you will have to borrow approximately Rs 5.95 lakh from the bank. If you are given Rs 5.95 lakh for seven years with 8.7 percent interest from the bank, then you will have to pay an EMI of only Rs 9483 every month for the next seven years.

If you take a car loan of Rs 5.95 lakh from the bank for seven years with an interest rate of 8.7 percent, then you will have to pay an EMI of Rs 9483 every month for seven years. In such a situation, in seven years you will pay about Rs 2.01 lakh as interest for Exter. After which you will pay around Rs 9.14 lakh for the total price of the car including ex-showroom, on-road, and interest.

Muskan Kumawat Muskan Kumawat is a Journalist & Content Writer at Sangri Times English, covering a wide range of topics, including news, entertainment, and trending stories. With a strong passion for storytelling and in-depth reporting, she delivers engaging and informative content to readers.