Planning to Buy Maruti Jimny? Know Your ₹21,193 EMI After ₹2 Lakh Down Payment

Maruti Suzuki is a large automobile company that has cars in different segments. It also has the Maruti Jimny, which is an SUV in the Indian market. If you want to buy the automatic version of this SUV, how much will your EMI be after a down payment of ₹2 lakh, for a period of seven years?

Maruti Jimny is an SUV. If you want the automatic version, this model is called the Zeta AT. This model’s ex-showroom price is ₹13.37 lakh. If you want to buy this model in Delhi, you will also need to pay ₹1.09 lakh for registration and ₹54,000 for insurance. Furthermore, you'll also need to pay approximately ₹13,000 as TCS charges for this SUV, bringing its on-road price to ₹15.17 lakh.

If you purchase the automatic variant of the Maruti Jimny, the bank will finance the ex-showroom price. So, after making a down payment of ₹2 lakh, you'll need to finance approximately ₹13.17 lakh from the bank. If the bank lends you ₹13.17 lakh for seven years at 9% interest, you'll have to pay a monthly EMI of only ₹21,193 for the next seven years.

If you take a car loan of Rs 13.17 lakh from the bank for seven years with an interest rate of 9%, then you will have to pay an EMI of Rs 21193 every month for seven years. In this case, in seven years you will pay around Rs 4.48 lakh as interest for the automatic variant of Maruti Jimny. After which the total price of your car including ex-showroom, on-road and interest will be around Rs 19.23 lakh.

Jimny is brought by Maruti Suzuki in the off-roading SUV segment. In this segment, it competes directly with SUVs like Mahindra Thar, Thar Roxx, Force Gurkha.