Renault Kwid Car Loan EMI Calculator
Renault Kwid EMI starts at 9,520 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 0.88 Lakh. Renault Kwid price starts at ₹ 5.58 Lakh and goes up to ₹ 7.68 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
![Renault Kwid Renault Kwid](https://imgd-ct.aeplcdn.com/370x208/n/cw/ec/141149/kwid-right-front-three-quarter.png?isig=0&q=80)
Variant
RXE 1.0L
City
Velachery
Adjust Kwid Car Loan Parameters
On-Road Price
₹ 5,57,845₹ 9,520 for 5 Years
Renault Kwid Loan Repayment Schedule
This table helps you understand, how much loan payment will be pending at the end of the each year of the loan. This way, you can arrive at the amount you will need if you decide to pre-pay your loan.
Months | Principal Paid | Interest Paid | Balance Loan |
---|---|---|---|
12 | ₹ 79,560 | ₹ 34,680 | ₹ 3,89,940 |
24 | ₹ 86,163 | ₹ 28,077 | ₹ 3,03,777 |
36 | ₹ 93,316 | ₹ 20,924 | ₹ 2,10,461 |
48 | ₹ 1,01,063 | ₹ 13,177 | ₹ 1,09,398 |
60 | ₹ 1,09,398 | ₹ 4,790 | ₹ 0 |
Renault Kwid EMI
Renault Kwid Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 88,345
On-Road Price in Velachery | Min Down Payment | EMI |
---|---|---|
RXE 1.0L ₹ 5,57,845 | ₹88,345 | ₹9,520 |
RXL(O) 1.0L ₹ 5,92,467 | ₹92,967 | ₹10,128 |
RXL(O) 1.0L AMT ₹ 6,51,345 | ₹1,06,845 | ₹11,040 |
RXT 1.0L ₹ 6,57,747 | ₹1,07,747 | ₹11,152 |
RXT 1.0L AMT ₹ 7,10,130 | ₹1,15,130 | ₹12,064 |
CLIMBER 1.0 MT ₹ 7,01,400 | ₹1,13,900 | ₹11,912 |
CLIMBER 1.0 AMT ₹ 7,53,783 | ₹1,21,283 | ₹12,825 |
CLIMBER 1.0 MT Dual Tone ₹ 7,15,369 | ₹1,15,869 | ₹12,156 |
CLIMBER 1.0 AMT Dual Tone ₹ 7,67,752 | ₹1,23,252 | ₹13,068 |
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Explore more about Renault Kwid
Kwid EMI FAQs
Here is how - Renault Kwid price starts from ₹ 5,57,845 in Velachery. If you pay a down payment of ₹ 88,345 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 9,520.
Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.
Version | On-road price in Velachery | Max Loan |
---|---|---|
RXE 1.0L | ₹ 5,57,845 | ₹ 4,69,500 |
RXL(O) 1.0L | ₹ 5,92,467 | ₹ 4,99,500 |
RXL(O) 1.0L AMT | ₹ 6,51,345 | ₹ 5,44,500 |
RXT 1.0L | ₹ 6,57,747 | ₹ 5,50,000 |
RXT 1.0L AMT | ₹ 7,10,130 | ₹ 5,95,000 |
CLIMBER 1.0 MT | ₹ 7,01,400 | ₹ 5,87,500 |
CLIMBER 1.0 AMT | ₹ 7,53,783 | ₹ 6,32,500 |
CLIMBER 1.0 MT Dual Tone | ₹ 7,15,369 | ₹ 5,99,500 |
CLIMBER 1.0 AMT Dual Tone | ₹ 7,67,752 | ₹ 6,44,500 |
As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.
- 1. If you select a higher tenure loan, let's say 7 years, your EMI for Kwid RXE 1.0L will be ₹ 8,695 but you will have to pay interest of ₹ 2,60,880 over the period of 7 years.
- 2. If you select a lower tenure loan, let's say 3 years, your EMI amount will be higher at ₹ 17,481, but your interest payment will be only ₹ 1,59,816 over the 3 years period.