Know Maruti Suzuki Grand Vitara hybrid SUV's loan EMI on Rs 1.2 lakh down payment: Details explained

Sahil Kukreja / TIMESOFINDIA.COM / Oct 8, 2022, 15:16 IST

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Here’s a table showing the variant-wise on-road (Delhi) price of the Maruti Suzuki Grand Vitara hybrid SUV, and the lowest monthly installment you would have to shell out for it.

Know Maruti Suzuki Grand Vitara hybrid SUV's loan EMI on Rs 1.2 lakh down payment: Details explained

Maruti Suzuki is the latest manufacturer to enter the mid-size SUV segment with its Grand Vitara hybrid SUV that was launched in the country late last month. Apart from the Toyota Urban Cruiser Hyryder, the Maruti Suzuki Grand Vitara is the only other SUV in the segment to be offered with a strong hybrid powertrain.
Planning to buy the Maruti Suzuki Grand Vitara 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 Suzuki SUV, 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
Smart Hybrid
Sigma	Rs 12.11 lakh	5 years	10%	Rs 1,21,000	Rs 23,163
Delta	Rs 13.77 lakh	5 years	10%	Rs 1,38,000	Rs 26,335
Delta AT	Rs 15.49 lakh	5 years	10%	Rs 1,55,000	Rs 29,628
Zeta	Rs 16.06 lakh	5 years	10%	Rs 1,61,000	Rs 30,695
Zeta AT	Rs 17.78 lakh	5 years	10%	Rs 1,78,000	Rs 33,989
Alpha	Rs 17.78 lakh	5 years	10%	Rs 1,78,000	Rs 33,989
Alpha dual tone	Rs 17.96 lakh	5 years	10%	Rs 1,80,000	Rs 34,336
Alpha AT	Rs 19.50 lakh	5 years	10%	Rs 1,95,000	Rs 37,282
Alpha AWD	Rs 19.50 lakh	5 years	10%	Rs 1,95,000	Rs 37,282
Alpha AT dual tone	Rs 19.68 lakh	5 years	10%	Rs 1,97,000	Rs 37,630
Alpha AWD dual tone	Rs 19.68 lakh	5 years	10%	Rs 1,97,000	Rs 37,630
Intelligent Electric Hybrid
Zeta+	Rs 20.76 lakh	5 years	10%	Rs 2,08,000	Rs 39,686
Zeta+ dual tone	Rs 20.94 lakh	5 years	10%	Rs 2,09,000	Rs 40,055
Alpha+	Rs 22.48 lakh	5 years	10%	Rs 2,25,000	Rs 42,980
Alpha+ dual tone	Rs 22.66 lakh	5 years	10%	Rs 2,27,000	Rs 43,327

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 10% 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.

Maruti Suzuki currently retails the Grand Vitara in India at a starting price of Rs 10.45 lakh for the entry-level Sigma variant, going all the way up to Rs 19.65 lakh (both prices, ex-showroom) for the range-topping Alpha+ Hybrid dual tone model. However, the on-road (Delhi) price of the Maruti SUV currently ranges between Rs 12.11 lakh and Rs 22.66 lakh.
For example, let's assume you decide on purchasing the Alpha AWD variant of the Maruti Suzuki SUV, which currently has an ex-showroom price of Rs 16.89 lakh. If you pay Rs 1.95 lakh as down payment out of the Rs 19.50 lakh on-road (Delhi) price, you would end up paying Rs 37,282 as EMI for a period of 60 months (5 years) against a total loan amount of Rs 17.55 lakh. At the end of the tenure, you would have paid Rs 22.37 lakh for the SUV over and above 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.

About the Author

Sahil Kukreja

A passionate automotive journalist, Sahil takes inspiration from the likes of Doug DeMuro and Mat Watson. His dream car is the Porsche 911, while he is also a fan of go-anywhere adventure touring motorcycles.

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