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      Nissan Magnite Car Loan EMI Calculator

      Nissan Magnite EMI starts at 12,164 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 1.39 Lakh. Nissan Magnite price starts at ₹ 7.39 Lakh and goes up to ₹ 13.16 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      Nissan Magnite
      NissanMagnite₹ 7.39 - 13.16 Lakh

      Variant

      XE

      Right Arrow

      City

      Mumbai

      Right Arrow

      Adjust Magnite Car Loan Parameters

      On-Road Price

      ₹ 7,38,630

      Magnite XE EMI

      12,164 for 5 Years

      %

      Nissan Magnite XE Car Loan EMI

      On-Road Price₹ 7,38,630
      Ex-Showroom Price₹ 599900
      Max Loan Amount₹ 599900
      Down Payment as per your Selectiont₹ 1,38,730
      Loan Amount₹ 5,99,900
      EMI Amount 12,164
      Interest Component1,29,940(17.8%)
      Principal Component5,99,900(82.2%)
      Total Payable over 5 Years7,29,840
      Note: This doesn't include bank processing fee.

      Nissan Magnite 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.

      MonthsPrincipal PaidInterest PaidBalance Loan
      12₹ 1,01,655₹ 44,313₹ 4,98,245
      24₹ 1,10,094₹ 35,874₹ 3,88,151
      36₹ 1,19,232₹ 26,736₹ 2,68,919
      48₹ 1,29,128₹ 16,840₹ 1,39,791
      60₹ 1,39,791₹ 6,124₹ 0

      Nissan Magnite EMI

      Nissan Magnite Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 1,38,730

      On-Road Price in MumbaiMin Down PaymentEMI
      XE

      ₹ 7,38,630

      ₹1,38,730₹12,164
      XL

      ₹ 8,59,022

      ₹1,55,022₹14,275
      XV

      ₹ 9,49,227

      ₹1,67,227₹15,856
      XV Red Edition

      ₹ 9,78,140

      ₹1,71,140₹16,363
      XV Dual Tone

      ₹ 9,67,733

      ₹1,69,733₹16,181
      XV Premium

      ₹ 10,39,436

      ₹1,79,436₹17,438
      XV Premium Dual Tone

      ₹ 10,57,940

      ₹1,81,940₹17,762
      XV Turbo

      ₹ 11,07,668

      ₹1,88,668₹18,634
      XV Turbo Red Edition

      ₹ 11,02,177

      ₹1,58,177₹19,141
      XV Turbo Dual Tone

      ₹ 11,26,173

      ₹1,91,173₹18,958
      XV Premium Turbo

      ₹ 11,78,099

      ₹1,98,199₹19,869
      XV Premium Turbo Dual Tone

      ₹ 11,96,604

      ₹2,00,704₹20,193
      XV Premium (O)Turbo

      ₹ 12,01,230

      ₹2,01,330₹20,274
      XV Turbo CVT

      ₹ 12,09,973

      ₹1,89,973₹20,682
      XV Turbo CVT Red Edition

      ₹ 12,39,160

      ₹1,94,160₹21,189
      XV Premium (O) Turbo Dual Tone

      ₹ 12,40,463

      ₹2,24,563₹20,599
      XV Turbo CVT Dual Tone

      ₹ 12,28,652

      ₹1,92,652₹21,006
      XV Premium Turbo CVT

      ₹ 12,92,862

      ₹2,01,862₹22,122
      XV Premium Turbo CVT Dual Tone

      ₹ 13,11,541

      ₹2,04,541₹22,446
      XV Premium (O)Turbo CVT

      ₹ 13,16,211

      ₹2,05,211₹22,527
      Geza Edition

      ₹ 8,99,500

      ₹1,60,500₹14,984
      Kuro Edition 1.0 Petrol MT

      ₹ 10,02,428

      ₹1,74,428₹16,789
      Kuro Edition 1.0 Petrol AMT

      ₹ 10,21,869

      ₹1,47,869₹17,722
      Kuro Edition 1.0 Turbo Petrol MT

      ₹ 11,60,867

      ₹1,95,867₹19,567
      Kuro Edition 1.0 Turbo Petrol CVT

      ₹ 12,63,676

      ₹1,97,676₹21,615
      XE AMT

      ₹ 7,73,182

      ₹1,13,282₹13,380
      XL AMT

      ₹ 8,76,551

      ₹1,26,551₹15,207
      XV AMT

      ₹ 9,69,096

      ₹1,41,096₹16,789
      XV Premium AMT

      ₹ 10,47,683

      ₹1,51,183₹18,178
      Geza Edition CVT

      ₹ 11,48,067

      ₹1,64,067₹19,952

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      Explore more about Nissan Magnite

      Nissan Magnite
      Nissan Magnite
      ₹ 7.39 - 13.16 Lakh On-Road Price, Mumbai

      Magnite EMI FAQs

      ₹ 12,164.
      Here is how - Nissan Magnite price starts from ₹ 7,38,630 in Mumbai. If you pay a down payment of ₹ 1,38,730 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 12,164.
      The cheapest Magnite model is XE which is priced at ₹ 7,38,630 in Mumbai. You will need to pay at least a ₹ 1,38,730 down payment 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 Magnite.
      VersionOn-road price in MumbaiMax Loan
      XE₹ 7,38,630₹ 5,99,900
      XL₹ 8,59,022₹ 7,04,000
      XV₹ 9,49,227₹ 7,82,000
      XV Red Edition₹ 9,78,140₹ 8,07,000
      XV Dual Tone₹ 9,67,733₹ 7,98,000
      XV Premium₹ 10,39,436₹ 8,60,000
      XV Premium Dual Tone₹ 10,57,940₹ 8,76,000
      XV Turbo₹ 11,07,668₹ 9,19,000
      XV Turbo Red Edition₹ 11,02,177₹ 9,44,000
      XV Turbo Dual Tone₹ 11,26,173₹ 9,35,000
      XV Premium Turbo₹ 11,78,099₹ 9,79,900
      XV Premium Turbo Dual Tone₹ 11,96,604₹ 9,95,900
      XV Premium (O)Turbo₹ 12,01,230₹ 9,99,900
      XV Turbo CVT₹ 12,09,973₹ 10,20,000
      XV Turbo CVT Red Edition₹ 12,39,160₹ 10,45,000
      XV Premium (O) Turbo Dual Tone₹ 12,40,463₹ 10,15,900
      XV Turbo CVT Dual Tone₹ 12,28,652₹ 10,36,000
      XV Premium Turbo CVT₹ 12,92,862₹ 10,91,000
      XV Premium Turbo CVT Dual Tone₹ 13,11,541₹ 11,07,000
      XV Premium (O)Turbo CVT₹ 13,16,211₹ 11,11,000
      Geza Edition₹ 8,99,500₹ 7,39,000
      Kuro Edition 1.0 Petrol MT₹ 10,02,428₹ 8,28,000
      Kuro Edition 1.0 Petrol AMT₹ 10,21,869₹ 8,74,000
      Kuro Edition 1.0 Turbo Petrol MT₹ 11,60,867₹ 9,65,000
      Kuro Edition 1.0 Turbo Petrol CVT₹ 12,63,676₹ 10,66,000
      XE AMT₹ 7,73,182₹ 6,59,900
      XL AMT₹ 8,76,551₹ 7,50,000
      XV AMT₹ 9,69,096₹ 8,28,000
      XV Premium AMT₹ 10,47,683₹ 8,96,500
      Geza Edition CVT₹ 11,48,067₹ 9,84,000

      As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.

      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 Magnite XE will be ₹ 11,512 but you will have to pay interest of ₹ 3,67,108 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 ₹ 23,146, but your interest payment will be only ₹ 2,33,356 over the 3 years period.