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How much monthly installment and interest on buying Nissan Magnite by making a down payment of one lakh rupees, see all the details


  • Bumper sales of compact SUVs in India
  • Compact SUV with more features at a lower price
  • Nissan Magnite Price Starts From Just Rs. 5.76 Lakh

Nissan Magnite XE And Magnite XL Variant Car Loan EMI Down Payment: There are many good options for compact SUV buyers in India, with the Nissan Magnite as the cheapest option. Due to its bold look and cool features, this SUV attracts a lot of lovers and due to this there is a lot of sales of Nissan Magnite. If you too are planning to buy Nissan Magnite these days and want to finance it instead of paying full amount all at once, then it is quite easy, where you can bring home the cheapest model Nissan Magnite XE or Magnite XL with just one lakh down payment. can. After this, how much car loan will have to be taken on Nissan Magnite, how much will be the EMI and how much interest rate, today we are going to tell you all these details.

Cheapest SUV, Price starts from just 5.76 lakhs
Before divulging into the Nissan Magnite car loan, EMI and down payment details, let us know about the SUV that is offered in 20 variants across 6 trim levels namely XE, XL, XV Executive, XV, XV Premium and XV Premium (O). With prices ranging from Rs 5.76 lakh to Rs 10.15 lakh (ex-showroom). The SUV is offered with a petrol engine only, which is mated to both manual and automatic transmission options. Equipped with many features, this 5 seater SUV has a mileage of up to 20 kilometers per liter. Let us now give information related to Nissan Magnite Finance.

This SUV looks very powerful to see

Nissan Magnite XE Variant Car Loan, EMI & Downpayment Details
If you want to buy Nissan Magnite SUV in the new year, then the price of its base model is Rs 5.76 lakh (ex-showroom). It is very easy to finance it, so that you will be saved from paying a lump sum. You can take a Nissan Magnite home by simply making a Rs 1 lakh down payment (processing fee plus on road charges and first month EMI). According to the CarDekho EMI calculator, after down payment of Rs 1 lakh, you will get a loan of Rs 5,41,265 on the Magnite XE variant and if you get the loan at 9.8% interest rate for 5 years then for the next 5 years. Every month Rs 11,447 will have to be paid as EMI. Overall, you will get Rs 1,45,555 interest on financing the Nissan Magnite XE variant as per the upper terms and conditions.

Nissan Magnite Car Loan EMI Down Payment Details 2

SUV with more features in less price

Nissan Magnite XL Variant Car Loan, EMI & Downpayment Details
The second cheapest variant of the Nissan Magnite, the Nissan Magnite XE Petrol variant, costs Rs 6.52 Lakh (ex-showroom). It is very easy if you finance this variant of Nissan Magnite where after a down payment of Rs 1 lakh (processing fee plus on road charges and first month EMI) you can take it home. After this, according to Car Dekho EMI Calculator, you will get a loan of Rs 6,41,905 for up to 5 years at 9.8% interest rate. After this, you will have to pay Rs 13,576 as EMI every month for the next 5 years. Overall, you will get Rs 1,72,655 as interest for buying Nissan Magnite XL SUV by taking loan.

Disclaimer- Before buying both these variants of the Nissan Magnite SUV, you should definitely check the car loan and EMI details at the nearest Nissan Motors dealership, there might be some difference.

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