Maruti Suzuki Invicto MPV loan EMI on Rs six lakh down payment: Details explained – Times of India

Maruti Suzuki Invicto MPV loan EMI on Rs six lakh down payment: Details explained - Times of India

[ad_1]

Maruti Suzuki recently launched the Invicto in the Indian market as its most expensive product in the country ever. Based on the Toyota Innova Hycross, the Invicto MPV is being retailed through the premium Nexa chain of dealerships, and slightly undercuts the donor car with a few feature omissions. It is offered with a 2.0-litre strong-hybrid petrol engine which has a claimed mileage of 23.24 kmpl!

Planning to buy the Maruti Suzuki Invicto and wondering how much down payment and EMI you would have to pay? Here’s a table showing the variant-wise on-road (Delhi) price of the MPV, and the lowest monthly installment you would have to shell out for it, keeping in mind an average tenure, ROI, as well as down payment –

Variant Estimated on-road price
(Delhi)
Tenure Interest rate Down payment EMI
Zeta+ 7-str Rs 28.77 lakh 5 years 10% Rs 6 lakh Rs 48,348
Zeta+ 8-str Rs 28.82 lakh 5 years 10% Rs 6 lakh Rs 48,470
Alpha+ 7-str Rs 32.93 lakh 5 years 10% Rs 6.59 lakh Rs 55,974

To simplify the process, we have chosen an average tenure period of 5 years as standard, along with a little over 20% down payment amount, and an estimated 10% bank interest rate.Do note that the buyer is free to decide the tenure for which he/she will be taking the loan for, whereas the interest rate varies from one bank to another. Moreover, you can also choose to pay a higher or a lower down payment, which will decrease or increase your equated monthly installment (EMI) respectively.

Maruti Suzuki Invicto Review: Cheaper than Innova Hycross but better? | TOI Auto

Maruti Suzuki offers the Invicto in two variants, namely Zeta+ and Alpha+. The former is available with 7-seat and 8-seat configurations, priced at Rs 24.79 lakh and Rs 24.84 lakh respectively. The Alpha+ variant is available with the 7-seat setup as standard, priced at Rs 28.42 lakh (all prices, ex-showroom). The estimated on-road (Delhi) price of the MPV ranges from Rs 28.77 lakh to Rs 32.93 lakh.
Let us know in the comments down below if you would like to know the loan EMI for any other car, motorcycle or scooter of your choice.



[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *