Maruti Baleno Sigma Price and EMI: ₹2 Lakh Down Payment, ₹7,503 Monthly EMI for 7 Years
Automaker Maruti Suzuki offers the Maruti Baleno in the premium hatchback segment. If you're planning to buy the base variant, how much EMI can you pay each month after making a down payment of ₹2 lakh? Let's find out.
Car maker Maruti Suzuki manufactures cars in various categories. The Maruti Baleno is available in the category of premium hatchback. Now, in case you are thinking of purchasing the base variant of the Sigma, the premium hatchback, how much EMI will you be able to pay after putting down a deposit of ₹2 lakhs? We are informing you about that in this article.
The manufacturer, Maruti, offers the Sigma as the base variant of the Baleno. Maruti offers the base variant of the premium hatchback at an ex-showroom price of ₹5.99 lakh. If you purchase it from Delhi, you will have to pay the registration and insurance charges apart from the ex-showroom price of ₹5.99 lakh. The amount that you will have to pay as registration tax and insurance charges for purchasing this car would be ₹28,000 and ₹35,000 respectively. This makes the on-road price of the car ₹6.61 lakh.
If you purchase the base variant of Maruti Baleno, Sigma, the bank will finance the ex-showroom price only. In such a case, after making a down payment of ₹2 lakh, you will have to finance an amount of approximately ₹4.61 lakh from the bank. If you are given a loan of ₹4.61 lakh from the bank for seven years at a nine percent interest rate, you will have to pay an EMI of just ₹7,503 per month for the next seven years.