If you take an auto loan by paying Rs 1 lakh for the top model of Alto K10, then how much will be the EMI? Know

If you take an auto loan by paying Rs 1 lakh for the top model of Alto K10, then how much will be the EMI? Know

New Delhi. Alto K10 is the most affordable car in the country. People with small families in the country buy it extensively. Due to less maintenance and better mileage, it is quite economical to run. Its ex-showroom price starts from Rs 3.99 lakh. Whereas the on-road price of its top model VXI S-CNG is Rs 6.49 lakh.

If you are planning to buy the top model of Alto K10 on loan, then we will tell you how much EMI you will have to pay if you take a loan for this car.

EMI will be this much on auto loan of Rs 5 lakh
If you make a downpayment of Rs 1 lakh for Maruti Alto K10 VXI S-CNG, you will have to take a loan for Rs 5.49 lakh. Suppose you took a loan on this amount for 4 years, on which the bank's interest rate (average rate) is 9.50%. At this rate, the EMI per month for 4 years will be Rs 13,783. The total cost of the car after four years will be Rs 6,61,584. At the same time, during this period you will pay Rs 1.12 lakh as EMI.

Maruti Alto K10 is economical to run
Alto K10 car is based on the company's updated platform Heartect. This hatchback has a new-gen K-series 1.0L dual jet, dual VVT engine. This engine generates power of 49kW(66.62PS)@5500rpm and maximum torque at 89Nm@3500rpm. The company claims that its automatic variant gives a mileage of 24.90 km/l and the manual variant gives a mileage of 24.39 km/l. Whereas, the mileage of its CNG variant is 33.85 kmpl.

Alto K10 has a 7 inch floating touchscreen infotainment system. The company has already provided this infotainment system in S-Presso, Celerio and Wagon-R. Apart from Apple Car Play, Android Auto, this infotainment system also supports USB, Bluetooth and Aux cable. The steering wheel has also been given a new design. In this, mounted control of the infotainment system has been provided on the steering itself.

Tags: auto news, car loan

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