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        Renault Kwid Car Loan EMI Calculator

        Renault Kwid EMI starts at 9,416 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 0.84 Lakh. Renault Kwid price starts at ₹ 5.49 Lakh and goes up to ₹ 7.15 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

        Renault Kwid
        RenaultKwid₹ 5.49 - 7.15 Lakh

        Version

        RXL 0.8

        Right Arrow

        City

        Mumbai

        Right Arrow

        Adjust Kwid Car Loan Parameters

        On-Road Price

        ₹ 5,48,512

        Kwid RXL 0.8 EMI

        9,416 for 5 Years

        Down Payment
        Loan Tenure (Months)
        Bank Interest Rate
        %

        Renault Kwid RXL 0.8 Car Loan EMI

        On-Road Price₹ 5,48,512
        Ex-Showroom Price₹ 464400
        Max Loan Amount₹ 464400
        Down Payment as per your Selectiont₹ 84,112
        Loan Amount₹ 4,64,400
        EMI Amount 9,416
        Interest Component1,00,560(17.8%)
        Principal Component4,64,400(82.2%)
        Total Payable over 5 Years5,64,960
        Note: This doesn't include bank processing fee.

        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.

        MonthsPrincipal PaidInterest PaidBalance Loan
        12₹ 78,691₹ 34,301₹ 3,85,709
        24₹ 85,221₹ 27,771₹ 3,00,488
        36₹ 92,294₹ 20,698₹ 2,08,194
        48₹ 99,955₹ 13,037₹ 1,08,239
        60₹ 1,08,239₹ 4,740₹ 0

        Renault Kwid EMI

        Renault Kwid Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 84,112

        On-Road Price in MumbaiMin Down PaymentEMI
        RXL 0.8

        ₹ 5,48,512

        ₹84,112₹9,416
        RXL 1.0

        ₹ 5,60,008

        ₹85,608₹9,619
        CLIMBER (O) 1.0 Dual Tone

        ₹ 6,63,003

        ₹99,003₹11,436
        CLIMBER (O) 1.0 AMT Dual Tone

        ₹ 7,14,730

        ₹1,05,730₹12,348
        RXL (O) 0.8

        ₹ 5,76,675

        ₹87,775₹9,913
        RXL (O) 1.0

        ₹ 5,88,171

        ₹89,271₹10,116
        RXT 1.0

        ₹ 6,28,402

        ₹94,502₹10,826
        CLIMBER

        ₹ 6,51,507

        ₹97,507₹11,233
        CLIMBER AMT

        ₹ 7,03,234

        ₹1,04,234₹12,146
        RXT 1.0 AMT

        ₹ 6,80,130

        ₹1,01,230₹11,738

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        Explore more about Renault Kwid

        Renault Kwid
        Renault Kwid
        ₹ 5.49 - 7.15 Lakh On-Road Price, Mumbai

        Kwid EMI FAQs

        ₹ 9,416.
        Here is how - Renault Kwid price starts from ₹ 5,48,512 in Mumbai. If you pay a down payment of ₹ 84,112 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 9,416.
        The cheapest Kwid model is RXL 0.8 which is priced at ₹ 5,48,512 in Mumbai. You will need to pay at least a ₹ 84,112 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 Kwid.
        VersionOn-road price in MumbaiMax Loan
        RXL 0.8₹ 5,48,512₹ 4,64,400
        RXL 1.0₹ 5,60,008₹ 4,74,400
        CLIMBER (O) 1.0 Dual Tone₹ 6,63,003₹ 5,64,000
        CLIMBER (O) 1.0 AMT Dual Tone₹ 7,14,730₹ 6,09,000
        RXL (O) 0.8₹ 5,76,675₹ 4,88,900
        RXL (O) 1.0₹ 5,88,171₹ 4,98,900
        RXT 1.0₹ 6,28,402₹ 5,33,900
        CLIMBER₹ 6,51,507₹ 5,54,000
        CLIMBER AMT₹ 7,03,234₹ 5,99,000
        RXT 1.0 AMT₹ 6,80,130₹ 5,78,900

        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 Kwid RXL 0.8 will be ₹ 8,549 but you will have to pay interest of ₹ 2,53,716 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 ₹ 17,188, but your interest payment will be only ₹ 1,54,368 over the 3 years period.