Saturday, January 28, 2023

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Maruti Swift: Loan, EMI, down payment details

New Delhi: Finance options for Maruti Swift LXI and VXI variants: The Maruti Suzuki Swift hatchback sold over 16,000 units in India last month and is the second best selling car after the WagonR. The Swift is offered in 9 variants across 4 trim levels namely LXi, VXi, ZXi and ZXi+ with prices ranging from Rs 5.92 to Rs 8.85 (ex-showroom). This car with a 1197 cc petrol engine can develop up to 88.5 horsepower.

This 5-seater hatchback is available with both manual and automatic transmissions. The mileage of Maruti Swift is up to 23.76 kmpl. You can finance this car with great looks and features with a deposit of just one million rupees. Then check all the details about how much loan you will get and how much EMI will be done at what interest rate.

Maruti Swift LXI Loan EMI Advance

The base variant of the Maruti Swift is the Swift LXI with an ex-showroom price of Rs 5.92 Lakh and an on-road price of Rs 6.50 Lakh. If you finance this car with a down payment of Rs 1,00,000 (on road charges plus processing fee and first monthly installment), then according to the CarDekho EMI calculator, you will get a car loan of Rs 5,50,114 at an interest rate of 9.8% . After that, you will have to pay an installment of Rs 11,634 every month for the next 5 years. Financing the base model Swift will earn you about 1.5 million rupees in interest over 5 years.

Maruti Swift VXI Loan EMI Advance

The best selling Swift VXi Maruti Swift has an ex-showroom price of Rs 6.82 Lakh and an on-road price of Rs 7.67 Lakh. If you avail Swift VXI Finance by depositing Rs 1,00,000 (on road charges plus processing fee and first monthly installment), you will get a car loan of Rs 6,67,594 and then at an interest rate of 9.8% for the next 5 years . 14,119 will have to be paid as monthly installment every month. After getting the Swift VXI finance, you will get around Rs 1.8 lakh interest in 5 years.

Disclaimer – Before getting finance on Maruti Swift LXI or VXi, you need to check your car loan and EMI details by visiting your nearest Maruti Suzuki dealer.

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