1 lakh down payment and Hyundai Exter CNG at your doorstep straight from the showroom, EMI only…

• Hyundai Exter CNG is a popular car in India
• What will be the EMI after a down payment of 1 lakh?
• Know the complete finance plan

There are many great cars on offer in the Indian auto market. Customers also SUV Responds well to vehicles in the segment. Considering this demand of the customers, many auto companies are offering powerful SUVs in the market. Now a powerful SUV is being offered in the electric segment as well.

There are many popular SUVs in the Indian market. One such popular SUV is the Hyundai Exter CNG. If you are planning to buy this SUV, then let’s find out how much EMI you will have to pay every month for seven years after making a down payment of Rs.

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Hyundai Exter CNG Price

The CNG version of the Hyundai Xster is priced at Rs 6.87 lakh (ex-showroom). If you buy this car, you will have to pay approximately 62000 as registration fee and approximately 42000 as insurance. This brings the on-road price to Rs 7.91 lakh.

What will be the EMI after a down payment of Rs 1 lakh?

If you are planning to buy the Hyundai Exter CNG variant, the bank will give the loan only on the ex-showroom price of this car. In such a case if you pay Rs 1 lakh as down payment, the remaining Rs 6.91 lakh will have to be borrowed from the bank.

If a bank grants you a loan of Rs 6.91 lakh for 7 years at 9 percent interest rate, you will have to pay an EMI of around Rs 11,131 per month for the next seven years.

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How much will the car cost in total?

If you take a car loan of Rs 6.91 lakh for 7 years at an interest rate of 9 percent, you will pay an EMI of Rs 11,131 per month over a period of seven years. Due to this, you will have to pay a total interest of around 2.43 lakh rupees.

Thus considering the ex-showroom price, on-road costs and interest, the total cost of the Hyundai Exter CNG variant will come to around Rs 10.34 lakh.

There is competition with this car

Hyundai Exeter where it directly competes with cars like Maruti Fronx, Kia Sonet, Tata Nexon, Renault Kiger, and Nissan Magnite.