- Maruti Dzire is a popular car in the country
- What will be the EMI after a down payment of 1 lakh?
- Know the full calculation
There are many great cars in India, which have become the favorite cars of the customers over the years. One such car is the Maruti Suzuki Dzire. Over the years Dzire Known as a budget friendly and family car among Indian families. Many people are budgeting and planning finance to buy this car.
Maruti Dzire is offered in the compact sedan segment. The company also offers this sedan in a CNG variant. If you are planning to buy this car, let’s find out how much EMI you can pay for this car every month after a down payment of Rs 1 lakh.
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Maruti Dzire Price
Maruti offers the VXI as the CNG variant of the Dzire. The company offers the base variant of this compact sedan at an ex-showroom price of Rs 8.03 lakh. Along with this ex-showroom price you will also have to pay registration tax and RTO charges. Also, to buy this car, one has to pay around Rs 75 thousand for RTO and around Rs 30 thousand for insurance. After this, the on-road price of this car will be Rs 9.09 lakh.
How much EMI after Down Payment of Rs.1 Lakh?
If you are planning to buy the VXI CNG variant of Maruti Dzire, then the bank gives the loan based on the ex-showroom price of this car. In such a situation, after making a down payment of Rs 1 lakh, you have to take the remaining Rs 8.09 lakh from the bank.
If the bank approves a loan of Rs 8.09 lakh at 9% interest rate and for a tenure of 7 years, you will have to pay an EMI of only Rs 13,153 per month for the next 7 years.
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How expensive will the car cost?
If you take a car loan of Rs 8.09 lakh for 7 years at an interest rate of 9%, the EMI will be Rs 13,153 per month for 7 years. During this period you will pay around Rs 2.95 lakh only in interest.
This will bring the total price (ex-showroom, on-road and interest) of the Maruti Dzire VXI CNG variant to around Rs 12.04 lakh.
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