If you finance Maruti Suzuki Brezza by paying Rs 1 lakh down payment, how much will be the EMI? Know what is included in the on-road

Everyone has a question in their mind that if they buy a car, then what will be its ex-showroom price, what will be the on-road price and how much money will have to be paid if it is bought on finance. Today we are answering all these questions very easily. Maruti Suzuki Brezza has been launched in the Indian market this year, which is being liked the most. If you go to the showroom, there is a waiting period of 6-8 months for this car. Let us know how much this car can cost you on financing.

Ex-showroom price of base variant of Maruti Suzuki Brezza Rs 7,99,000 Is. The Road Tax & Registration Charges on this car in Delhi is Rs.56,730. There is a charge of Rs 500 for Fastag. There is a charge of around Rs 36,191 for insurance. There is a charge of Rs 885 for the auto card. Including all these, the total cost comes to Rs.8,98,806.

On this, if your credit score is correct, then you can get full loan at ex showroom price. If the credit score is the best, the interest rate of auto loan from State Bank of India (SBI) can be around 8.5. The monthly EMI is applicable over the loan tenure chosen by you. Suppose if you took a loan of about Rs 8 lakh for 5 years, then how much would you have to pay per month.

Loan amount Rs 8 lakh

Interest rate 8.5 percent
Loan period 3 years: EMI will be Rs 25,254 per month.
Loan tenure 4 years: EMI will be Rs 19,719 per month.
Loan tenure 5 years: EMI will be Rs 16,413 per month.
Loan period 6 years: EMI will be Rs 14,223 per month.
Loan tenure 7 years: EMI will be Rs 12,669 per month.

EMI per month if the interest rate is 9 percent

Loan tenure 3 years: EMI will be Rs 25,440 per month.
Loan tenure 4 years: EMI will be Rs 19,908 per month.
Loan period 5 years: During this period you will have to pay EMI of Rs 16,607 per month.
Loan tenure 6 years: EMI will be Rs 14,420 per month.
Loan tenure 7 years: EMI will be Rs 12,871 per month.