Maruti Suzuki, the country’s big leading automaker in India, offers the Eeco. A large number of people buy this vehicle every month. If you are also planning to buy it, then after making a down payment of ₹ 1 lakh, how much EMI will have to be paid every month to bring it home? We are telling you in this news.

Maruti Eeco Price

The base variant of Eeco is offered by Maruti at an ex-showroom price of ₹ 5.44 lakh. If you buy it in Delhi, its on-road price becomes around ₹ 6.20 lakh. In this price, apart from the ex-showroom price of ₹ 5.44 lakh, about ₹ 38,000 will have to be paid for RTO and about ₹ 36,000 for insurance. Apart from this, ₹ 800 will also have to be paid for Fastag.

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How much EMI after ₹ 1 lakh down payment

If you buy the base variant of this car with a petrol engine, the bank will finance only at the ex-showroom price. In such a situation, after making a down payment of ₹ 1 lakh, you will have to finance an amount of about ₹ 5.20 lakh from the bank. If the bank gives you ₹ 5.20 lakh with nine percent interest for seven years, you will have to pay an EMI of only ₹ 8,365 every month for the next seven years.

How expensive will the car be

If you take a car loan of ₹ 5.20 lakh from the bank with an interest rate of nine percent for seven years, you will have to pay an EMI of ₹ 8,365 every month for seven years. In such a situation, you will pay about ₹ 1.82 lakh as interest for Eeco in seven years. After which you will pay a total price of around ₹ 8.02 lakh including ex-showroom, on-road, and interest.

Who will compete with

Eeco is brought by Maruti Suzuki as a van as well as a vehicle with a seven-seater option. It is offered at a very low price. In such a situation, it does not have direct competition with any car. But in terms of the seven-seater vehicle and price, it faces competition from Renault Triber.

Powerful 7-seater in budget

Maruti Eeco is not only an affordable vehicle, but it is also a powerful ride with a seven-seater option. Its low price and easy EMI make it fit in everyone’s budget. If you are looking for a budget-friendly 7-seater car, then Maruti Eeco can be a great option for you.

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