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Planning to buy Maruti Suzuki Ertiga? Here's your complete EMI guide
Maruti Suzuki Ertiga is one of the most value-for-money and popular MPVs in India.
Maruti Suzuki Ertiga is one of the bestselling MPVs in the Indian passenger vehicle market. The MPV offers a high value-for-money quotient. The Ertiga is sold through the automaker's Arena retail network. The Maruti Suzuki Ertiga offers a three-row seating layout, ensuring ample space for customers who seek a family mover with generous space for occupants as well as luggage.
The affordable pricing, robust after-sales service network of Maruti Suzuki, day-to-day practicality, and high value-for-money factors have made the Maruti Suzuki Ertiga a highly popular model in the Indian MPV space.
If you have been planning to buy the Maruti Suzuki Ertiga and are wondering what the monthly EMI would be, here is a quick and comprehensive guide.
Maruti Suzuki Ertiga: How much monthly EMI to pay?
To calculate the monthly EMI for the Maruti Suzuki Ertiga, we have considered the base and top-end variants of the MPV. The base variant of the Ertiga is the LXi 1.5L 5MT, while the top trim is ZXI+ 1.5L 6AT, which are priced at ₹885,000 and ₹12,99,100 (ex-showroom), respectively.
The loan amount for the calculation has been considered as 100% of the ex-showroom price, while the rate of interest considered is 9.5%. The repayment tenure has been considered as 48 months.
| Maruti Suzuki Ertiga: Monthly EMI calculation | ||||
|---|---|---|---|---|
| Model and variant | Loan (100% ex-showroom price) | Interest rate | Repayment tenure | Monthly EMI |
| Maruti Suzuki Ertiga Smart Hybrid LXI 1.5L 5MT | ₹885,000 | 9.5% | 48 months | ₹22,234 |
| Maruti Suzuki Ertiga Smart Hybrid ZXI+ 1.5L 6AT | ₹12,99,100 | ₹32,637 | ||
According to the calculation, the Maruti Suzuki Ertiga base variant commands a monthly EMI of ₹22,234. On the other hand, the top-end trim of the MPV commands a monthly EMI of ₹32,637.
However, buyers must remember that the monthly EMI may vary depending on multiple factors, including the variant selected, the down payment made, the amount of loan taken, the rate of interest, the repayment tenure, etc.
