• News
  • Auto News
  • Know 2022 Hyundai Tucson SUV loan EMI on Rs 3.2 lakh down payment: Details explained
This story is from August 16, 2022

Know 2022 Hyundai Tucson SUV loan EMI on Rs 3.2 lakh down payment: Details explained

Take a look at the variant-wise on-road (Delhi) price of the Hyundai Tucson, and the lowest monthly installment you would have to shell out for it.
Know 2022 Hyundai Tucson SUV loan EMI on Rs 3.2 lakh down payment: Details explained
Hyundai India recently launched the new-gen version of the Tucson in the country to take on the likes of premium mid-size SUVs like Jeep Compass, Volkswagen Tiguan, as well as the Citroen C5 Aircross. The Tucson is Hyundai's flagship offering in India, and also became the company's first car in the country to be offered with ADAS (advanced driver assistance system) tech.
Do you plan to buy the 2022 Hyundai Tucson and are wondering how much EMI would you have to pay? Here’s a table showing the variant-wise on-road (Delhi) price of the Hyundai 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 -
VariantOn-road price
(Delhi)
TenureInterest rate
(estimated)
Down paymentEMI
2.0-litre NA petrol with 6-speed AT
PlatinumRs 32,10,3965 years9.8%Rs 3,21,000Rs 61,107
SignatureRs 34,94,4365 years9.8%Rs 3,49,000Rs 66,522
Signature
Dual tone
Rs 35,11,6645 years9.8%Rs 3,51,000Rs 66,844
2.0-litre diesel with 8-speed AT
PlatinumRs 35,88,1285 years9.8%Rs 3,59,000Rs 68,292
SignatureRs 39,03,1575 years9.8%Rs 3,90,000Rs 74,299
Signature
Dual tone
Rs 39,20,8365 years9.8%Rs 3,92,000Rs 74,631
Signature 4WD
Rs 40,82,2995 years9.8%Rs 4,08,000Rs 77,707
Signature 4WD
Dual tone
Rs 40,99,977
5 years
9.8%Rs 4,10,000Rs 78,038
To make the process simpler, 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, one can also choose to pay a higher or a lower down payment, which will decrease or increase their easy monthly installment (EMI) respectively.
Hyundai currently retails the Tucson in India at a starting price of Rs 27.7 lakh for the entry-level Platinum petrol AT variant, going all the way up to Rs 34.54 lakh (both prices, ex-showroom) for the range-topping Signature 4WD diesel dual tone AT model. However, the on-road (Delhi) price of the Hyundai SUV currently ranges between Rs 32.10 lakh and Rs 41 lakh.
For example, if you were to purchase the Signature diesel 4WD AT variant of the Hyundai Tucson (ex-showroom price - Rs 34.39 lakh), you would end up paying Rs 77,707 as a monthly installment for a period of 5 years at a 9.8% ROI, along with one-time down payment of Rs 4,08,000. All added, you end up paying about Rs 50.70 lakh for the said variant by the end of your loan tenure, which includes the on-road price, the down payment amount, as well as the interest incurred over the aforementioned period.
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!
author
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.

End of Article
FOLLOW US ON SOCIAL MEDIA