Planning to buy the 2022 Maruti Suzuki Alto K10 and wondering how much EMI would you have to pay? Here’s a table showing the variant-wise on-road (Delhi) price of the Maruti hatch, and the lowest monthly installment you would have to shell out for it, keeping in mind an average tenure, ROI, as well as down payment –
| Variant | On-road price (Delhi) |
Tenure | Interest rate (estimated) |
Down payment | EMI |
| STD | Rs 4,36,841 | 5 years | 9.8% | Rs 44,000 | Rs 8,308 |
| LXI | Rs 5,26,070 | 5 years | 9.8% | Rs 53,000 | Rs 10,005 |
| VXI | Rs 5,44,884 | 5 years | 9.8% | Rs 54,000 | Rs 10,382 |
| VXI+ | Rs 5,81,435 | 5 years | 9.8% | Rs 58,000 | Rs 11,070 |
| VXI AT | Rs 5,98,636 | 5 years | 9.8% | Rs 60,000 | Rs 11,391 |
| VXI+ AT | Rs 6,35,188 | 5 years | 9.8% | Rs 64,000 | Rs 12,080 |
To make it easier for you, we have chosen an average tenure period of 5 years as standard, along with approximately 10% down payment amount, and an estimated 9.8% bank interest rate. Do note that the buyer is free to decide the tenure for which he/she will be taking the loan for, whereas the interest rate varies from one bank to another.
Moreover, you can also choose to pay a higher or a lower down payment, which will decrease or increase your easy monthly installment (EMI) respectively. The on-road (Delhi) price of the Maruti Suzuki Alto K10 currently ranges between Rs 4.37 lakh and Rs 6.35 lakh.
For example, let’s assume you decide on purchasing the VXI variant of the new Alto K10, which currently has an ex-showroom price of Rs 5 lakh. If you pay Rs 54,000 lakh as down payment out of the Rs 5.45 lakh on-road (Delhi) price, you would end up paying Rs 10,382 as EMI for a period of 60 months (5 years) against a total loan amount of Rs 4,90,884. At the end of the tenure, you would have paid Rs 6,76,920 (inclusive of everything) for the hatchback, which also includes the down payment.
Do let us know in the comments down below if you would like to know the EMI for any other car, motorcycle, or scooter of your choice!