Maruti Suzuki, one of India’s leading vehicle manufacturers, offers Maruti Baleno for sale as a premium hatchback in the Indian market. Sigma is offered as the base variant of the Maruti Baleno. If you are also planning to bring home the base variant of this hatchback, then after making a down payment of Rs 2 lakh, how much EMI can be paid every month to bring it home? We are telling you in this news.

Maruti Baleno Sigma Price

Maruti Baleno CNG
Maruti Baleno CNG

Sigma is offered by Maruti as the base variant of Baleno. The company is making the base variant of this premium hatchback available for sale at an ex-showroom price of Rs 6.66 lakh. If it is bought in Delhi, then along with the ex-showroom price of Rs 6.66 lakh, registration and insurance will also have to be paid for it.

To buy this car, you will have to pay a registration tax of about 47 thousand rupees, and about 34 rupees for insurance. Along with this, you will also have to pay four thousand rupees as an MCD charge and 500 rupees for Fastag. After this, the on-road price of the car in Delhi becomes Rs 751801.

How much EMI after 2 lakh rupees down payment

If you buy the base variant Sigma of Maruti Baleno, then the bank will finance it at the ex-showroom price only. In such a situation, after making a down payment of two lakh rupees, you will have to finance an amount of about Rs 551801 from the bank. If the bank gives you Rs 551801 for seven years with nine percent interest, then you will have to pay an EMI of only Rs 8878 every month for the next seven years.

How expensive will the car be

Maruti Suzuki Baleno 2 jpeg

If you take a car loan of Rs 551801 from the bank for seven years with an interest rate of nine percent, then you will have to pay an EMI of Rs 8878 every month for seven years. In such a situation, in seven years you will pay about Rs 1.93 lakh as interest for the base variant Sigma of Maruti Baleno. After which the total price of your car including ex-showroom, on-road, and interest will be around Rs 9.45 lakh.

Who does it compete with

Baleno is brought by Maruti Suzuki in the premium hatchback segment. In this segment, it competes directly with Tata Altroz, Toyota Glanza, and Hyundai i20. Apart from this, in terms of price, it is challenged by cars like Nissan Magnite, Renault Kiger, Maruti Swift, and Fronx.

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