Kia Seltos Base Model EMI: ₹2 Lakh Down Payment, Check Monthly EMI and Total Cost
Automaker Kia offers several excellent SUVs in the Indian market. If you are considering purchasing the base variant of the Kia Seltos, how much EMI can you pay after paying just ₹2 lakh? Let's find out.
Kia sells vehicles in the SUV range in the Indian market. Suppose you are planning to buy the base variant of the Kia Seltos, the mid-size SUV by the manufacturer, and wish to drive home the vehicle after putting down ₹2 lakh as the down payment amount. In that case, what will be the EMI per month? We give you this information through this news.
The HTE variant is the base variant of the Seltos. The cost of the base variant of this vehicle is ₹11 lakh. You will have to spend around ₹1.14 lakh for the RTO if you buy the vehicle in Delhi. Furthermore, you will have to spend ₹53,000 for the insurance of this vehicle. Other charges required for the SUV is ₹11,000. Thus, the on-road price of the Kia Seltos HTE becomes ₹12.78 lakh.
If you go for the base variant, the HTE variant, then the bank will finance the ex-showroom price. Thus, if you make a down payment of ₹2 lakh, then you will have to finance ₹10.78 lakh from the bank. If the bank gives you ₹10.78 lakh in 7 years at 9% interest rate, then you will have to pay EMI of ₹17,522 per month for 7 years.
