Hyundai Exter CNG EMI: Pay Just ₹11,131 Per Month After ₹1 Lakh Down Payment

Hyundai Motor India is one of the leading car manufacturers in India. They offer cars in various categories. Hyundai Exter is also available with CNG in the SUV category. Now if you are going to purchase the CNG variant of the SUV car, what are your monthly EMIs for seven years with an initial down payment of ₹1 lakh?

The company also provides the CNG model of the Exter in the market. The ex-showroom price of this model of the car is ₹6.87 lakh. If you are buying the car in Delhi, you would be required to pay a registration cost of around ₹62,000 and an insurance cost of around ₹42,000. The on-road price of the car would then be ₹7.91 lakh.

Whenever you buy the Hyundai Exter CNG model, financing is going to be offered at an ex-showroom price. Thus, after making a down payment of ₹1 lakh, you'll need to finance approximately ₹6.91 lakh. If the bank provides you with ₹6.91 lakh for seven years at a nine percent interest rate, you'll have to pay a monthly EMI of only ₹11,131 for the next seven years.

If you take a car loan from a bank for ₹6.91 lakh for seven years at a nine percent interest rate, you'll have to pay an EMI of ₹11,131 for seven years. In this case, over seven years, you'll pay approximately ₹2.43 lakh in interest for the CNG variant of the Hyundai Exter. After this, the total cost of your car, including ex-showroom, on-road, and interest, will be approximately ₹10.34 lakh.

Hyundai introduces the Exter in the SUV segment. In this segment, it competes directly with SUVs like the Maruti Fronx, Kia Sonet, Tata Nexon, as well as the Renault Kiger and Nissan Magnite.