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SUV Under Loan: Maruti Victoris EMI Comes to ₹21,636 Per Month
Car Finance Plan: Maruti also sells the Maruti Victoris. Let's find out how much EMI will be paid each month after a down payment of ₹2 lakh for the automatic variant of this SUV.
Maruti Suzuki, one of the leading automakers, offers the Maruti Victoris as a mid-size SUV. If you are considering purchasing the automatic variant offered by the manufacturer and want to bring home the car after making a down payment of ₹2 lakh, how much EMI will you have to pay each month?
Maruti Suzuki has different models of the Victoria. The automatic model is named VXI. The automatic SUV VXI costs ₹13.36 lakh (ex-showroom, Maruti Victoria Price). If you are purchasing this car in Delhi, you will have to pay around ₹1.34 lakh as RTO charges and around ₹62 thousand as insurance. There are also approximately ₹13,500 TCS charges. After paying all these charges, the on-road price of the Victoria will be around ₹15.45 lakh.
If you are opting for the automatic model, the bank will only finance the ex-showroom price. Therefore, after paying a down payment of ₹2 lakh, you will have to pay around ₹13.45 lakh to the bank. If the bank gives you Rs 13.45 lakh for seven years with 9% interest, then you will have to pay an EMI of Rs 21,636 per month for the next seven years.
