Planning to bring Hyundai Aura CNG home? How much EMI will be after 1 lakh down payment? Know the full calculation

• The Hyundai Aura CNG base variant has an ex-showroom price of Rs 6.90 lakh and an on-road price of around Rs 7.95 lakh.
• After 1 lakh down payment, a loan of around Rs 6.95 lakh will be taken and the EMI for 7 years at 9% interest rate will come to around Rs 11,177.
• The total cost including interest over the full period comes to around Rs 10.38 lakh, which means an additional payment of around Rs 2.44 lakh.

One of the leading automobile manufacturers in India Hyundai Dwar sells cars in different segments. The automaker offers the Hyundai Aura in the compact sedan car segment. Now, if you are planning to buy a CNG variant of a sedan car, then let’s know how much EMI you will have to bear every month after making a down payment of Rs 1 lakh.

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Hyundai Aura Price

The ‘E’ is marketed as the CNG variant of the Aura introduced by Hyundai. The base variant of this sedan car is priced at Rs 6.90 lakh ex-showroom. If you buy this car in Delhi, you will have to pay the registration, insurance on this car along with the ex-showroom price of Rs 6.90 lakh. To buy this car, registration tax of around 54 thousand rupees, insurance of around 49 thousand rupees will have to be paid. After this, the on-road price of this car in Delhi will be Rs 7.95 lakh. (Photo Courtesy – Pinterest)

How much will be the EMI after a down payment of Rs.1 lakh?

If you are buying Hyundai Aura CNG then bank will give loan on ex-showroom price. So after making a down payment of Rs 1 lakh you will have to take a loan of around Rs 6.95 lakh. If the bank gives you Rs 6.95 lakh for 7 years with 9 percent interest, you will have to pay an EMI of only Rs 11177 per month.

2.44 lakh rupees more cost?

If you take a car loan of Rs 6.94 lakh from a bank for 7 years with an interest rate of 9 percent, you will have to pay an EMI of Rs 11177 every month for 7 years. All told, in 7 years, you will have to pay approximately Rs 2.44 lakh in interest on the CNG variant of the Hyundai Aura. After this the total cost of your car including ex-showroom, on-road and interest will be around Rs 10.38 lakh.

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Hyundai company has introduced Aura in the compact sedan car segment. In this segment, the car directly competes with cars like Maruti Dzire, Tata Tigor and Honda Amaze.