.jpg)
Renault Kiger Evolution Automatic EMI: How Much Will You Pay Every Month After ₹1 Lakh Down Payment?
The Renault Kiger is offered by automaker Renault in the compact SUV segment. If you're planning to buy the automatic variant of this SUV, how much will your monthly EMI be after making a down payment of ₹1 lakh? Let's find out.
The Renault Kiger is offered by Renault in the compact SUV segment in the Indian market. If you have to purchase the automatic model, what would be the monthly EMI amount if you deposit ₹1 lakh?
The Renault Kiger is offered by Renault in the compact SUV segment. The Renault Kiger is available in its automatic Evolution variant. The ex-showroom price of this model is ₹6.99 lakh. When you purchase this in Delhi, the total price will be ex-showroom price plus registration and insurance charges. Registration cost is ₹49,000 and insurance cost is ₹32,000. Thus the total on-road cost in Delhi is ₹7.80 lakh.
If you purchase the Evolution variant of the Kiger, the bank will finance the ex-showroom price. Thus, after making a down payment of ₹1 lakh, you will have to finance an amount of approximately ₹6.80 lakh from the bank. If the bank gives you ₹6.80 lakh for seven years at 9% interest, you will have to pay an EMI of only ₹11,057 per month for the next seven years.
