Maruti Suzuki Brezza EMI: This vehicle is well within the financial reach of the average individual, which has contributed to its popularity among consumers. Should you prefer to acquire this car through installments rather than a lump-sum payment, you will still be able to obtain the keys.
In this discussion, we will outline the process for purchasing this vehicle with a down payment and through equated monthly installments (EMI). The Maruti Suzuki Brezza enjoys significant popularity in the Indian automotive market, ranking among the top-selling vehicles. The starting price for the Maruti Suzuki Brezza is approximately Rs 10 lakh, while the mid-range variant is available for around Rs 15 lakh.
Approx price range
The ex-showroom pricing for the Maruti Brezza begins at Rs 8.34 lakh and can reach up to Rs 14.14 lakh. The on-road cost for the base model is Rs 9.36 lakh, whereas the most popular variant, the Zxi Plus (Petrol), has an on-road price of Rs 14.55 lakh. If you opt for financing through EMI, you may secure a loan amounting to Rs 13.10 lakh, contingent upon your credit score.
Initial down payment of Rs 1.46 lakh
To purchase the Maruti Brezza, an initial down payment of Rs 1.46 lakh is required. Additionally, a fixed monthly EMI must be paid based on the interest rate applied to the loan throughout its term.
Monthly EMI plan
For a four-year loan at an interest rate of 9 percent, the monthly EMI would be approximately Rs 32,600. If the loan term is extended to five years, the monthly payment would decrease to around Rs 27,200. For a six-year loan, the EMI would be approximately Rs 23,600, and for a seven-year loan, the monthly payment would be about Rs 21,100, all calculated at the same interest rate of 9 percent.