Maruti Suzuki Brezza Base Variant EMI Details After ₹1 Lakh Down Payment

Maruti Suzuki is one of the popular car manufacturers in India and offers the Brezza model in the compact SUV segment. If you are looking to purchase the basic variant of this SUV, what will be your monthly EMI payment after making a down payment of ₹1,00,000?

The basic variant of the Brezza is the LXI model. The ex-showroom price of the Brezza LXI model is ₹8.26 lakh. If you purchase this car in Delhi, you will have to pay the ex-showroom price, registration, and insurance charges. The registration charges are approximately ₹58,000, and the insurance charges are around ₹33,000.

If you purchase the base variant of the Maruti Brezza, 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 ₹8.23 lakh from the bank. If the bank gives you ₹8.23 lakh for seven years at 9% interest, you will have to pay an EMI of only ₹13,248 per month for the next seven years.

If you take a car loan of Rs 8.23 ​​lakh from the bank for seven years with an interest rate of 9%, then you will have to pay an EMI of Rs 13248 every month for seven years. In this case, in seven years, you will pay around Rs 2.89 lakh as interest for the base variant of Maruti Brezza. After which, the total price of your car, including ex-showroom, on-road and interest will be around Rs 12.12 lakh.

Maruti brings the Brezza in the sub-four-meter SUV segment. In this segment, it competes directly with SUVs like Hyundai Venue, Kia Syros, Kia Sonet, Tata Nexon, Mahindra XUV 3XO, and Citroen Basalt.