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Maruti S-Presso STD EMI Calculator: ₹1 Lakh Down Payment, 7-Year Loan and Monthly EMI Explained
The Maruti S-Presso is offered by the automaker Maruti. If you're considering purchasing this base variant, how much EMI will you pay after a down payment of ₹1 lakh? Let's find out.
Maruti Suzuki provides its customers with several types of vehicles in India. One of them is the Maruti S-Presso, which comes under the hatchback category. Suppose you want to purchase the base model of the vehicle and take it home with yourself after paying the initial deposit of ₹1 lakh. In that case, how much EMI would you have to pay? We are giving you all the details here in this article.
The base model, STD, of the S-Presso is being provided by Maruti at an ex-showroom cost of ₹3.50 lakh. The cost for RTO of the hatchback will come out to be around ₹16,000, and similarly, the same cost will come out to be ₹20,000. Thus, the on-road price of the Maruti S Presso will be ₹3.86 lakh.
If you purchase the base variant of this hatchback, the bank will finance the ex-showroom price. After making a down payment of ₹1 lakh, you will need to finance approximately ₹2.86 lakh from the bank. If you are given ₹2.86 lakh for seven years at 9% interest, you will have to pay an EMI of ₹4,649 per month for the next seven years.
