Bring home LXI (O) variant of Maruti's 7 seater Ertiga after down payment of Rs 2 lakh, know how much EMI you will have to pay

Ertiga is offered in the Indian market as a seven-seat vehicle by the country's largest car manufacturer. Thousands of people buy this car every month. In such a situation, if you are also planning to buy it, then how much money can you pay every month to bring it home? We are telling you in this news.

Maruti is selling the base variant LXI of the Ertiga for Rs 8.69 lakh ex-showroom. You will need to spend a total of Rs 9.68 lakh to purchase it in Delhi. In addition to the ex-showroom price of Rs 8.69 lakh, this amount also includes insurance of Rs 32520, RTO of Rs 61660, and a few accessories, such as a smart card and Fastag, valued at Rs 5485.

The bank will arrange financing for you if you purchase the base model LXI of this car at the ex-showroom price exclusively. In this case, you will need to finance approximately Rs 7.68 lakh from the bank after making a down payment of Rs 2 lakh. If the bank gives you Rs 7.68 lakh for seven years with 8.7 percent interest, then you will have to pay an EMI of only Rs 12240 every month for the next seven years.

If you take a car loan of Rs 7.68 lakh from a bank for seven years with an interest rate of 8.7 percent, then you will have to pay an EMI of Rs 12240 every month for seven years. In such a situation, you will pay around Rs 2.60 lakh as interest for Ertiga in seven years. After which the total price of your car including ex-showroom, on-road, and interest will be around Rs 12.28 lakh.