Maruti Wagon R Automatic on ₹1 Lakh Down Payment: Check Monthly EMI and Total Cost
The Wagon R is offered by the automaker Maruti. If you're planning to buy the automatic variant of this car, how much EMI can you pay each month after making a down payment of ₹1 lakh? Let's find out.
Maruti Suzuki, which is the largest automobile company in India, manufactures many different types of automobiles. Wagon R is manufactured in the hatchback segment of Maruti Suzuki. If you want to buy the automatic model of the Wagon R, how much monthly EMI will you have to pay if you make a down payment of ₹1 lakh? We are letting you know about it through this piece of news.
In addition to that, Maruti Suzuki also sells Wagon R. The ex-showroom price of the automatic model is ₹5.97 lakh. If you purchase this model in Delhi, then you will have to spend approximately ₹28,000 on registration and ₹29,000 on insurance. After that, the on-road price becomes ₹6.53 lakh.
If you purchase the automatic model of Maruti Wagon R, then the bank will finance your loan on the ex-showroom price only. After making a down payment of ₹1 lakh, you will have to get a loan of approximately ₹5.53 lakh from the bank. When the bank gives you ₹5.53 lakh for seven years with an interest rate of nine percent, you will have to pay only ₹8,997 EMI every month for the next seven years.
