A hybrid vehicle is the Maruti Grand Vitara. This vehicle has a gasoline engine. This car’s 1462 cc engine produces 136.8 Nm of torque at 4,400 rpm and 103.06 PS of power at 6,000 rpm. This hybrid vehicle also features a lithium-ion battery. There are ten different color options for this five-seater vehicle on the market. The Maruti Grand Vitara ex-showroom price starts at Rs 10.99 lakh.
How many Grand Vitara be purchased on EMI?
To purchase a Maruti Grand Vitara, you do not have to pay the full amount at once. A down payment of one or two lakh rupees is another option for purchasing the vehicle. You will then need to make a deposit EMI in the bank every month for a few years. if you get the Maruti Grand Vitara’s Sigma petrol version, which costs Rs 12.63 lakh on the road. You will need to obtain a bank loan of Rs 11.63 lakh to purchase this vehicle. By its policies, the bank will impose interest on this auto loan. The length of time you take out this loan will determine how much interest you pay.
If you purchase a Grand Vitara
with a down payment of Rs 1 lakh and taking out a four-year loan with a 9 percent interest rate, you will need to deposit about Rs 29,000 into the bank each month for the following four years. If this loan is taken out for five years, Rs 24,200 will have to be deposited in the bank every month at an interest of 9 percent. at a down payment of Rs 2 lakh, you will be required to make monthly deposits of approximately Rs 26,500 for a four-year loan at a 9 percent interest rate.
A monthly EMI of roughly Rs 22,000
will be required if this loan is taken out for five years with a down payment of Rs 2 lakh. The interest and EMI amount required to purchase Grand Vitara may differ depending on the bank. Additionally, you can extend your auto loan for six or seven years, which would lower the monthly EMI you pay for the vehicle.
Read More:Â SSC CHSL 2024 Tier 2 Admit Card is now available for download at this link
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