Hyundai Motor India Creta Base Variant EMI: How Much You’ll Pay After ₹2 Lakh Down Payment
Hyundai, the automaker, offers the Hyundai Creta as a mid-size SUV. If you want to purchase the base variant of this SUV, how much will your monthly EMI be after a down payment of ₹2 lakh? Let's find out.
Hyundai has several cars in different segments in India. The Creta model is in the mid-size SUV segment. If you want to buy the basic variant of this car, what will be your monthly installments after paying a down payment of 2 lakhs?
The E variant of the car is sold by Hyundai under its diesel variant name. The cost of the base variant of this SUV is fixed at an ex-showroom price of ₹10.79 lakh. In case you are purchasing this car in Delhi, you will have to pay the ex-showroom price of ₹10.79 lakh along with registration and insurance charges. In order to purchase this car, you will have to pay registration charges of about ₹1.12 lakh and insurance charges of about ₹52,000. In addition to this, you will have to pay about ₹11,000 on account of TCS and Fastag charges. This brings the on-road price in Delhi to ₹12.54 lakh.
If you purchase the base variant of the Hyundai Creta, the bank will finance the ex-showroom price. After making a down payment of ₹2 lakh, you'll need to finance approximately ₹10.54 lakh from the bank. If the bank lends you ₹10.54 lakh for seven years at 9% interest, you'll have to pay a monthly EMI of only ₹16,960 for the next seven years.