Maruti Swift on EMI: Whenever Maruti Suzuki’s most popular cars are talked about, it cannot be that the name of the Swift is not in it… The new generation model of this car was recently included in the market. The starting price of the new Maruti Swift is Rs 6.49 lakh. The top model of this car goes up to Rs 9.59 lakh.
If you want to buy this car and are planning to buy it on EMI without paying it once, here we are going to tell you how you can buy this car on EMI. The car is available in both petrol and CNG variants.
How to buy Maruti Swift on EMI?
The LXI petrol variant of Maruti Swift is priced at Rs 7 lakh 31 thousand in Delhi. However, in the rest of the cities of the country, the difference in this price can be seen. If you want to buy this model of Swift on loan, you will have to make a down payment of less than one lakh rupees. You can get a loan of Rs 6.58 lakh from the bank for this car. The most important thing to take a car loan is to have a good credit score.
How much EMI do I have to pay every month?
If the bank charges 9 per cent interest on the car loan to buy a Maruti Swift and you take this loan for four years, then you have to deposit Rs 16,380 in the bank every month. If you take a loan for a Maruti Swift for five years, you will have to pay an EMI of around Rs 13,700 every month.
If the same loan is taken for six years, Rs 11,900 will have to be deposited in the bank every month with 9 per cent interest. At the same time, the amount of installment paid every month on taking a loan for seven years will be close to Rs 10,600. As per the bank’s policy, there may be some difference in the amount of this loan taken for Maruti Swift. Before taking a loan, it is important to get all the information about the bank’s policy.