Interest Component | ₹2,05,730 (17.8%) |
Principal Component | ₹9,49,990 (82.2%) |
Total Payable over 5 Years | ₹ 11,55,720 |
Versions XL 1.5 |
City Mumbai |
On-Road Price | ₹13,44,030 |
Ex-Showroom Price | ₹9,49,990 |
Max Loan Amount | ₹9,49,990 |
Down Payment as per your Selection |
₹3,94,040 |
Loan Amount | ₹9,49,990 |
EMI Amount | ₹19,262 |
Interest Component | ₹2,05,730 (17.8%) |
Principal Component | ₹9,49,990 (82.2%) |
Total Payable over 5 Years | ₹ 11,55,720 |
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 | ₹1,60,966 | ₹70,182 | ₹7,89,024 |
24 | ₹1,74,327 | ₹56,822 | ₹6,14,697 |
36 | ₹1,88,796 | ₹42,353 | ₹4,25,902 |
48 | ₹2,04,465 | ₹26,683 | ₹2,21,436 |
60 | ₹2,21,436 | ₹9,712 | ₹0 |
Nissan Kicks Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹3.94 Lakh
On-Road Price in Mumbai | Down Payment | EMI |
XL 1.5 ₹13,44,030 |
₹3,94,040 | ₹19,262 |
XV 1.5 ₹14,11,682 |
₹4,11,692* | ₹20,276 |
XV Turbo 1.3 ₹17,49,247 |
₹5,19,247* | ₹24,940 |
XV Pre Turbo 1.3 ₹18,72,839 |
₹5,52,839* | ₹26,765 |
XV Turbo 1.3 CVT ₹20,03,298 |
₹5,88,298* | ₹28,691 |
XV Pre (O) Turbo 1.3 ₹20,10,164 |
₹5,90,164* | ₹28,792 |
XV Pre (O) Turbo 1.3 Dual Tone ₹20,37,629 |
₹5,97,629* | ₹29,198 |
XV Pre Turbo 1.3 CVT ₹21,06,292 |
₹6,16,292* | ₹30,212 |
₹19,262.
Here is how - Nissan Kicks price starts from ₹13,44,030 in Mumbai. If you pay a down payment of ₹3,94,040 for a 5-year loan available at an 8% interest rate, your EMI amount will be ₹19,262.
The cheapest Kicks model is XL 1.5 which is priced at ₹19,262 in Delhi.
You will need to pay at least a ₹96,278 to buy this model.
Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.
Here is a model wise list of max loan amount for Kicks.
Version | On-road price Mumbai | Max Loan |
XL 1.5 | 1344030 | 949990 |
XE 1.5 D | 1179105 | 989000 |
XV 1.5 | 1411682 | 999990 |
XL 1.5 D | 1341393 | 1109000 |
XV Turbo 1.3 | 1749247 | 1230000 |
XV 1.5 D | 1509795 | 1251000 |
XV Premium Turbo 1.3 | 1872839 | 1320000 |
XV Pre 1.5 D | 1649733 | 1369000 |
XV Turbo 1.3 CVT | 2003298 | 1415000 |
XV Premium (O) Turbo 1.3 | 2010164 | 1420000 |
XV Premium (O) Turbo 1.3 Dual Tone | 2037629 | 1440000 |
XV Pre (O) 1.5 D | 1763582 | 1465000 |
XV Premium Turbo 1.3 CVT | 2106292 | 1490000 |
Good Practice will be to chose the shortest possible tenure for which you can afford an EMI amount.
1. If you select a higher tenure loan, let's say 7 years, your EMI for Kicks will be ₹14,807 but you will have to pay interest of ₹2,93,798 over the period of 7 years.
2. If you select a lower tenure loan, let's say 3 years, amount will be higher at ₹46,691, but your interest payment will be only ₹1,90,876 over the period of 3 years period.
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