Skoda Karoq Car Loan EMI Calculator
Skoda Karoq EMI starts at 50,671 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 6.38 Lakh. Skoda Karoq price starts at ₹ 31.37 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
1.5 TSI
City
Mumbai
Adjust Karoq Car Loan Parameters
On-Road Price
₹ 31,36,889₹ 50,671 for 5 Years
Skoda Karoq 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 | ₹ 4,23,438 | ₹ 1,84,614 | ₹ 20,75,562 |
24 | ₹ 4,58,585 | ₹ 1,49,467 | ₹ 16,16,977 |
36 | ₹ 4,96,649 | ₹ 1,11,403 | ₹ 11,20,328 |
48 | ₹ 5,37,871 | ₹ 70,181 | ₹ 5,82,457 |
60 | ₹ 5,82,457 | ₹ 25,541 | ₹ 0 |
Skoda Karoq EMI
Skoda Karoq Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 6,37,889
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
1.5 TSI ₹ 31,36,889 | ₹6,37,889 | ₹50,671 |
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Explore more about Skoda Karoq
Karoq EMI FAQs
Here is how - Skoda Karoq price starts from ₹ 31,36,889 in Mumbai. If you pay a down payment of ₹ 6,37,889 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 50,671.
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 Mumbai | Max Loan |
---|---|---|
1.5 TSI | ₹ 31,36,889 | ₹ 24,99,000 |
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 Karoq 1.5 TSI will be ₹ 48,892 but you will have to pay interest of ₹ 16,07,928 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 ₹ 98,299, but your interest payment will be only ₹ 10,39,764 over the 3 years period.