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For a down payment of 1 lakh, what will be the EMI on a Maruti 7-seater car cheaper than Rs 5 lakh?

New Delhi.
Maruti Suzuki Eeco (Maruti Suzuki Eeco) is the cheapest 7-seater car in the country. Maruti also sells its 5 seater model. Apart from this, its CNG model is also available for sale. Maruti made this car for those people who have a large family and who want a better performance car at a lower price. This van can be used for multiple tasks simultaneously. This is the reason why it is very much liked in small towns and villages. In such a situation, if you want to buy this car on loan, then this news of ours today is just for you. Today we will tell you how much EMI you will have to pay if you make a downpayment of Rs 1 lakh on a 7-seater Maruti Eeco car. So let’s have a look…

What will be the EMI for 7 years?

If you buy Maruti Suzuki Eeco 7 seater car from SBI on loan for 7 years, then you may have to pay an interest of around 7.70 to 13.25 percent. In such a situation, if you look at the interest rate of 7.70 percent, then on Maruti Suzuki’s Eeco, you will have to pay a monthly EMI of Rs 6,468 every month (Maruti Suzuki Eeco EMI).

What is the on-road price of Maruti Suzuki Eeco?

The standard 7-seater model of Maruti Suzuki Eeco has a Delhi ex-showroom price of Rs 4,82,170. But, if we talk about the on-road price, then it includes Rs 24,108 for RTO and Rs 12,895 for insurance. That is, its Delhi on-road price becomes Rs 5.19 lakh. Let us tell you that there can be slight changes in the on-road price. It can go from Rs 5.19 to Rs 5.41 lakh.

How much loan will have to be given on down payment of Rs 1 lakh?

1-

If you make a down payment of Rs 1 lakh on the 7-seater model of Maruti Suzuki Eeco, then you will have to take a loan (Maruti Suzuki Eeco Loan) for just Rs 4.19.

What will be the interest on 7 year loan?

7-

The 7 seater car of Maruti Suzuki Eeco will attract a total interest of Rs 1,24,327 for a period of 7 years at an interest rate of 7.70 per cent.

What is the extra charge to be paid on 7 year loan?

7-

For taking a loan on Maruti Suzuki Eeco 7 seater car, you will have to pay a total of Rs 4.19 lakh + 1.24 lakh = 5.43. In this, if the downpayment amount of Rs 1 lakh is added, then a total of Rs 6.43 lakh will have to be paid.

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