Best Selling Car in December 2025 ‘This’ will be yours in a flash! Only ‘that much’ will be the EMI
- Many cars are popular in India
- Maruti Suzuki Baleno customer favorite car
- What will be the EMI after a down payment of 2 lakhs? find out
Indian consumers always pay attention to the price and mileage of the car while buying a car. Even in this, the car which gives the highest mileage is always given a great response by the customers. If you too are looking for such a budget friendly and good mileage car then this news is for you.
Maruti Suzuki It is one of the leading car manufacturing company in the country. Many cars of this company are popular in the market. One such car is the Maruti Baleno. If you are thinking of buying this premium hatchback car then this news is for you. Let’s find out, if you make a down payment of Rs 2 lakh for this car, how much EMI will you have to pay per month?
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How much does Maruti Baleno cost?
Maruti has introduced the Sigma as the base variant of the Baleno. The company sells the premium hatchback as the base variant at an ex-showroom price of Rs 5.99 lakh. If purchased, the ex-showroom price of Rs 5.99 lakh will include registration and insurance charges. A registration tax of around Rs 24000 and an insurance charge of around Rs 35000 will be charged for this car. The on-road price of this car is Rs 6.58 lakh.
What will be the EMI after a down payment of 2 lakhs?
If you are buying the base variant Sigma of Maruti Baleno, the loan is given by the bank assuming the ex-showroom price of the car. In such a situation, after making a down payment of Rs 2 lakh, a loan of around Rs 4.58 lakh will have to be taken from the bank. If a bank approves a loan of Rs 4.58 lakh for a period of 7 years at an interest rate of 9 percent, you will have to pay an EMI of around Rs 7,363 per month for the next seven years.
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How expensive will the car be?
If you take a car loan of Rs 4.57 lakh for 7 years at 9 percent interest rate, you will have to pay an EMI of Rs 7,363 per month for seven years. During this period you will have to pay around Rs 1.60 lakh only in the form of interest. As a result, the total cost of Maruti Baleno’s base variant Sigma will come to around Rs 8.18 lakh, taking into account the ex-showroom price, on-road costs and interest.
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