Hyundai Creta Finance Plan: Hyundai Creta is one of the most popular vehicles sold in the Indian market. The price of Hyundai Creta starts from Rs 11.11 lakh and goes up to Rs 20.50 lakh. If you are planning to buy this vehicle, but due to low budget, this is not happening, then you can bring the cheapest model of this car home on EMI.
You can buy the base model of Hyundai Creta on a car loan, so that this car of Hyundai will be yours in a few months by depositing a fixed amount every month. Let’s know about the finance plan of Hyundai Creta.
How much down payment will the car be found?
The cheapest variant of Hyundai Creta is priced at Rs 11.11 lakh in New Delhi. To buy this vehicle, you can get a loan of about 10 lakh rupees and you have to deposit one lakh rupees down payment. According to the interest on this loan, a fixed amount will have to be deposited in the bank every month.
How much EMI will have to be given every month?
If you take a loan for seven years to buy Hyundai Creta and the bank imposes 9 % interest on this loan, then EMI will have to deposit about 16 thousand rupees every month in the bank. If your salary of every month is 50 thousand rupees, then this car can come in your budget.
If you take a loan for six years to buy this vehicle of Hyundai, then every month a installment of about 18 thousand rupees will have to be deposited in the bank with 9 percent interest. If a loan is taken for five years to buy this petrol variant of Hyundai Creta, then the installment of 21 thousand rupees will be deposited every month for 60 months from 9 percent interest.
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