Maruti Suzuki Baleno On-Road Price and EMI
Maruti Suzuki Baleno is one of the most popular hatchback cars in India. Its stylish design, comfortable ride, and affordable price make it highly favored among customers. If you are also planning to buy a Baleno but are worried about your budget, let's take a look at its on-road price and easy EMI options.
In the capital city of Delhi, the on-road price of the Maruti Suzuki Baleno ranges from ₹7.52 lakh to ₹10.45 lakh. Even if you don’t have the full amount to purchase the car, you can take a car loan and pay monthly EMIs. Let’s learn how to bring home the base model of Baleno with minimal expense.
If you take a loan for 5 years to purchase the Maruti Suzuki Baleno, you’ll need to pay only ₹75,000 to the bank as a down payment. In return, the bank will provide a loan for the remaining amount at an interest rate of 9.8%. For this, you’ll have to pay an EMI of ₹14,320 per month. In this way, you can buy your new car with just ₹75,000 as a down payment. However, keep in mind that getting a car loan and the interest rate depends on your credit score. Additionally, the loan and interest rate may vary based on the bank or finance company you choose.
The on-road price and EMI plan for the Maruti Baleno may vary depending on your city, the model chosen, engine options, and additional features. The on-road price includes road tax, insurance, and other charges. For more detailed information, you can visit your nearest Maruti Suzuki showroom. You can also get more information from the official website.
CarVaidya's Opinion
The higher the down payment you make, the lower your EMI will be. Similarly, the longer the loan tenure, the lower the EMI, but the total interest will be higher. If you are looking for an affordable, feature-loaded, and comfortable hatchback, the Maruti Suzuki Baleno is a good option for the general public. Be sure to take a test drive before purchasing the car.
Source: https://hindi.drivespark.com/four-wheelers/2024/maruti-suzuki-baleno-on-road-price-and-emi-down-payment-details-029635.html