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Skoda Kushaq Base Variant on EMI: ₹10.36 Lakh Loan at 9% Interest, Know Monthly EMI and Total Interest
If you're considering purchasing the base variant of the Kushaq Facelift, a compact SUV offered by Skoda in the Indian market, how much monthly payment can you make after paying ₹2 lakh? Let's find out.
Kushaq from Skoda is available in the market as a mid-size SUV model. When you are buying the base variant of Facelift from the manufacturer, then how much will be your EMI after down payment of ₹2 lakh?
Skoda Kushaq is available as a mid-size SUV in the Indian market. Ex-showroom price of the base variant of the vehicle is ₹10.69 lakh. You will have to pay approximately ₹1.11 lakh as the cost of RTO and approximately ₹45,000 as the cost of insurance when you buy this vehicle in Delhi. Further, the cost of TCS on the SUV is approximately ₹11,000. The on-road price of Skoda Kushaq comes out to be approximately ₹12.36 lakh.
When you buy the base variant of this vehicle, then the bank will finance the ex-showroom price of the vehicle. Therefore, when you make a down payment of ₹2 lakh, then you will have to finance approximately ₹10.36 lakh through the bank. When the bank gives you ₹10.36 lakh in seven years at 9% interest rate, then you will have to pay an EMI of ₹16,836 per month.
