Skoda Kushaq– Skoda Kushaq, which has made a strong hold within the mid-size SUV segment in the Indian automobile market, is loved by people for its solid build quality and premium driving dynamics. If you are also planning to buy the base variant (Classic Plus) of Skoda Kushaq in Delhi-NCR at this time, then the company is making it available with a very attractive finance plan. You can bring this luxurious SUV to your home by making a down payment of just Rs 2 lakh.

Skoda Kushaq: Bring home the base variant of Skoda Kushaq by paying just Rs 2 lakh, know how much will be the monthly EMI.

Skoda Kushaq Base Variant: What is the on-road price in Delhi?

The ex-showroom price of the base variant (1.0L Classic Plus) of Skoda Kushaq has been fixed at Rs 10.69 lakh at Delhi showrooms. When you prepare this vehicle to launch it on the roads of Delhi, many other necessary government and legal expenses are added to it. According to the rules of Delhi Transport Department, about Rs 1.07 lakh will have to be paid as RTO fee and about Rs 45 thousand will have to be paid as insurance based on the assessment of various insurance companies. Apart from this, around Rs 11,900 will have to be paid as mandatory TCS charge. After adding all these taxes and charges, the on-road price of Skoda Kushaq in Delhi comes to around Rs 12.31 lakh.

Complete mathematics of loan and EMI after down payment of Rs 2 lakh

If a customer makes a cash down payment of Rs 2 lakh to buy this vehicle from any authorized dealership in New Delhi, then a loan is arranged for the remaining amount through banks. The details of the total loan amount and EMI calculation after this down payment are given below:

• Total On-Road Price: Approx Rs 12,31,000
• Down payment: Rs 2,00,000
• Total Loan Amount: Rs 10,31,000
• Estimated Interest Rate (SBI/Major Bank): 8.75% per annum

To repay this loan amount, customers can choose the tenure as per their financial convenience. The monthly installment details for different years are as follows:

• On loan for 5 years (60 months): If you take a loan for 5 years, then you will have to pay EMI of around Rs 21,273 every month.
• On Loan for 7 years (84 months): If you opt for the longest tenure i.e. 7 years, this EMI will come down to around Rs 16,450 per month.

Changes possible depending on dealership and financial situation

Keep these things in mind before hitting the road

The on-road price of the vehicle and bank interest rates may vary depending on different states, cities and the insurance company chosen. Currently, various corporate discounts and exchange bonuses are also being offered on Skoda vehicles. Therefore, for accurate on-road price and finance scheme, customers must visit their nearest authorized Skoda showroom and get a full quotation from the sales executive.