Maruti Grand Vitara EMI: Know Monthly EMI After ₹1 Lakh Down Payment on Base Sigma Variant
The Maruti Grand Vitara is offered by the automaker Maruti Suzuki. If you're considering buying the base variant of this vehicle, how much EMI will you pay each month after making a down payment of ₹1 lakh? Let's find out.
The automobile Maruti Suzuki produces models in various segments. The model of Maruti Grand Vitara comes under the segment of mid-size SUVs produced by the automobile company. Suppose you are thinking of buying the base version of this SUV. In that case, what would be your monthly EMI cost after giving a down payment of ₹1 lakh? We are telling you all this news.
The Sigma model comes as the base variant of Maruti Grand Vitara. Maruti has been selling the base variant of this mid-size SUV in the market for an ex-showroom price of ₹10.76 lakh. If purchased in Delhi, then the ex-showroom price of ₹10.76 lakh would be charged, along with registration and insurance costs. For purchasing this SUV, you will have to make a registration tax payment of ₹1.11 lakh, insurance charges of ₹52,000, and TCS of ₹10,700. Hence, the on-road price of the car in Delhi would come out to be ₹12.51 lakh.
If you purchase the Maruti Grand Vitara's base variant, the Sigma, the bank will finance the ex-showroom price. Thus, after making a down payment of ₹1 lakh, you'll need to finance approximately ₹11.51 lakh from the bank. If the bank lends you ₹11.51 lakh for seven years at 9% interest, you'll have to pay a monthly EMI of just ₹18,711 for the next seven years.