Skoda Kylaq Classic EMI Plan— Skoda has created a new stir in the Indian automobile market through its compact SUV *Kylaq*. Known for its European technology and solid build quality, Skoda is now strengthening its hold in the budget segment as well. If you are planning to buy the most affordable *Classic (Base Variant)* of this SUV, then here we are giving the exact calculation of how much your budget will be affected after a down payment of ₹ 2 lakh.

Skoda Kylaq Classic EMI Plan: Take home Skoda’s new SUV with a down payment of just ₹ 2 lakh, know how much the installment will be

Skoda Kylaq Classic: Mathematics of on-road price in Delhi

The ex-showroom price of the base variant ‘Classic’ of Skoda Kylak has been fixed at *₹7.59 lakh*. However, by the time it hits the road, various other taxes and charges get added to the price. By purchasing this car in a metropolis like Delhi, you will have to bear the following expenses:

• Ex-showroom price: ₹7,59,000
• RTO (Registration): Approx ₹53,130
• Insurance: Around ₹34,500
• Other charges (MCD, Fastag etc): ₹4,000 – ₹8,000
• On-Road Price (Delhi): Approx *₹8.56 Lakh*

EMI Calculator: Plan after ₹2 lakh down payment

If you make a down payment of *₹2,00,000* for this car, then you will have to take a loan from the bank for the remaining amount. Understand what your monthly installment will be for 5 years (60 months) from the data given below:

• Total Loan Amount: ₹6,56,000 (Approx)
• Interest Rate (Approximate): 9.5% p.a.
• Loan Tenure: 5 Years (60 Months)
• Monthly EMI: *₹13,778*

(Note: EMI amount may vary slightly depending on the interest rate of the bank and your credit score.)

Voices from the Ground / Official Statements

Features and competition

Despite being a base variant, special care has been taken of safety in *Kylaq Classic*. Features like *6 airbags, electronic stability control (ESC), and ISOFIX child seat mounts are available as standard. Its 1.0 liter turbo petrol engine generates power of **115 PS* and torque of *178 Nm*.

Its direct competition in the market is with *Tata Nexon, **Mahindra XUV 3XO, and **Hyundai Venue*. This SUV from Skoda is a great option for those customers who are looking for ‘European driving experience’ and ‘5-star safety’ at a low price.