Know Citroen C3 mortgage EMI on Rs 60,000 down fee: Particulars defined – Instances of India

Citroen lately launched its second product within the Indian market within the type of the crossover-styled C3, which the corporate claims is a ‘hatchback with a twist’. The Tata Punch and Maruti Suzuki Ignis rival is at present obtainable with a 1.2-litre NA petrol engine (82 PS/115 Nm), in addition to a turbocharged model of the identical engine (110 PS/190 Nm).
Are you planning to buy the Citroen C3 and questioning how a lot EMI would you must pay? Right here’s a desk displaying the variant-wise on-road (Delhi) value of the hatchback, and the bottom month-to-month installment you would need to shell out for it, protecting in thoughts a median tenure, ROI, in addition to down fee –

With a view to simplify the method, we have now chosen a median tenure interval of 5 years as commonplace, together with roughly 10% down fee quantity, and an estimated 9.8% financial institution rate of interest. It ought to be famous that the customer is free to resolve the tenure for which he/she might be taking the mortgage for, whereas the rate of interest varies from one financial institution to a different. Furthermore, one also can select to pay a better or a decrease down fee, which can lower or enhance the simple month-to-month installment (EMI) respectively.
Citroen at present retails the C3 in India at a beginning value of Rs 5.71 lakh for the entry-level Reside variant with the 1.2-litre NA petrol engine, going all the way in which as much as Rs 8.06 lakh (each costs, ex-showroom) for the range-topping Really feel mannequin with the turbo-petrol engine. Nonetheless, the on-road (Delhi) value of the Citroen automobile at present ranges between Rs 6.27 lakh and Rs 9.04 lakh.
For instance, in the event you have been to buy the mid-level Really feel variant of the Citroen C3 with the naturally aspirated petrol engine (ex-showroom value – Rs 6.62 lakh), you’d find yourself paying Rs 14,191 as a month-to-month installment for a interval of 5 years at a 9.8% ROI, together with one-time down fee of Rs 75,000. All added, you find yourself paying about Rs 9.26 lakh for the stated variant by the top of your mortgage tenure, which incorporates the on-road value, the down fee quantity, in addition to the curiosity incurred over the aforementioned interval.
Tell us within the feedback down under if you want to know the EMI for some other automobile, motorbike, or scooter of your selection.