Hyundai Aura CNG EMI: ₹1 Lakh Down Payment Means ₹11,177 Monthly for 7 Years

Hyundai, being one of the prominent automobile makers in India, has its products in different segments. The automobile manufacturer offers its product, Hyundai Aura, in the compact sedan segment. Suppose you are planning to purchase the CNG version of this sedan, what will be your monthly EMI if you are paying a down payment of ₹1 lakh?

Hyundai also offers the E as the CNG version of the Aura sedan. The base model of the sedan is priced at an ex-showroom price of ₹6.90 lakh. The cost of the vehicle will be the ex-showroom price of ₹6.90 lakh if you decide to buy the vehicle in Delhi. The registration cost will be around ₹54,000, and the insurance cost will be around ₹49,000. After this, the on-road price of the vehicle in Delhi becomes ₹7.94 lakh.

If you purchase the CNG variant of the Hyundai Aura, 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 ₹6.94 lakh from the bank. If the bank gives you ₹6.94 lakh for seven years at 9% interest, you will have to pay an EMI of only ₹11,177 per month for the next seven years.

If you take a car loan of Rs 6.94 lakh from the bank for seven years with an interest rate of 9%, then you will have to pay an EMI of Rs 11177 every month for seven years. In this case, in seven years, you will pay around Rs 2.44 lakh as interest for the CNG variant of the Hyundai Aura. After which, the total price of your car, including ex-showroom, on-road, and interest, will be around Rs 10.38 lakh.

Hyundai brings Aura in the compact sedan car segment. In this segment, it competes directly with cars like Maruti Dzire, Tata Tigor and Honda Amaze.