Maruti Fronx Automatic EMI Plan— Amidst the increasing demand for compact SUVs in the Indian market, Maruti Suzuki’s Maruti Fronx remains the first choice of customers due to its great looks and features. If you are thinking of buying its automatic (AMT) variant to avoid city traffic, then it is important to understand the financial mathematics. The option of taking this car home with a down payment of ₹ 2 lakh is becoming quite popular in Delhi.
Maruti Fronx Automatic EMI Plan: After down payment of ₹ 2 lakh, you will have to pay this much installment every month, know the on-road price in Delhi.
Maruti Fronx AMT: Full details of price and on-road expenses
The ex-showroom price of the base variant with automatic transmission of Maruti Front is set at ₹ 8.15 lakh. However, many other charges get added by the time the car is put on the road. As per Delhi RTO rules, you will have to pay around ₹68,000 as registration fee and around ₹39,000 as insurance. Including all these mandatory expenses, its on-road price in Delhi reaches around ₹9.24 lakh.
EMI Calculator: Math after ₹2 lakh down payment
If you choose to finance this SUV, the possible loan structure after the initial down payment of ₹2 lakh is as follows:
- Loan amount: ₹7.24 lakh (on-road price minus down payment)
- Expected interest rate: 9% to 9.5% (as per bank rules)
- Loan Tenure: 5 Years (60 Months)
- Monthly EMI: Around ₹15,000 to ₹15,500
What is special for the customers?
Keep these things in mind before buying
While availing car finance, keep in mind that the interest rates depend on your CIBIL score and the policies of the concerned bank. The EMI calculation given above is a standard estimate. For exact figures, customers should contact the nearest Nexa dealership as they can also avail the benefits of ongoing corporate discount or exchange bonus. Currently the waiting period at showrooms in Delhi-NCR is 4 to 8 weeks depending on the variant.
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