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Nissan Magnite Base Variant EMI: Bring It Home for ₹1 Lakh Down Payment, Pay ₹8,233 Monthly
Automaker Nissan offers the Magnite in the compact SUV segment. If you're considering purchasing the base variant, how much monthly EMI will you pay after a down payment of ₹1 lakh? Let's find out.
Automaker Nissan offers the Magnite in the compact SUV segment. If you're considering purchasing the base variant and want to bring home the car after a down payment of just ₹1 lakh, how much monthly EMI will you have to pay? We're providing you with this information in this news.
The base model of Nissan’s Magnite is known as the Visia. The on-road price of the same is ₹5.62 lakh. The taxes in the case of Delhi amount to ₹22,000, while the insurance is ₹27,000. Hence, the on-road price is ₹6.12 lakh.
Assuming that you purchase Visia, the bank would finance its ex-showroom price. With the down-payment of ₹1 lakh, one has to finance ₹5.12 lakh. Financing ₹5.12 lakh for a period of seven years at an interest rate of 9%, the EMI for seven years comes to ₹8,233 per month.
