New Delhi. Kia sells SUV vehicles in the Indian market. If you want to buy the base variant of Kia's mid-size SUV Seltos and want to bring the car home after making a down payment of Rs 2 lakh, then we are giving you information in this news about how much EMI you will have to pay every month.
Kia Seltos Price
The base variant of Kia's Seltos is HTE O, whose ex-showroom price is Rs 10.79 lakh. On purchasing this car in Delhi, you will have to pay approximately Rs 1.08 lakh as RTO and Rs 48 thousand for insurance. Along with this, Rs 17,622 will have to be paid as other charges. After all this, the on-road price of Kia Seltos HTE O will be around Rs 13.03 lakh.
EMI after down payment of Rs 2 lakh
If you buy Seltos HTE O, finance will be done by the bank at the ex-showroom price. After making a down payment of Rs 2 lakh, you will have to finance approximately Rs 11.03 lakh from the bank. If the bank gives a loan of Rs 11.03 lakh for 7 years at 9 percent interest rate, then EMI of Rs 17,750 will have to be paid every month.
total cost estimate
If you take a car loan of Rs 11.03 lakh for 7 years at 9 percent interest rate, then you will have to pay EMI of Rs 17,750 every month. Thus, in 7 years you will pay approximately Rs 3.87 lakh as interest. Ultimately, the total price of Seltos HTE O including ex-showroom, on-road and interest will be around Rs 16.91 lakh.
Gives competition to these cars
Kia Seltos HTE O competes with the best mid-size SUVs like Mahindra XUV 700, Tata Harrier, MG Hector, Maruti Grand Vitara, Hyundai Creta, Honda Elevate. Kia Seltos is counted among the successful models of the company in India. If your budget supports then this car is a great feature loaded SUV option.
Features are awesome
The Kia Seltos is a 5-seater SUV available with petrol and diesel engines, multiple transmission options and a mileage of up to 20.7 kmpl. Its main features include 10.25-inch touchscreen, panoramic sunroof, ventilated front seats and 433-litre boot space. Standard safety includes 6 airbags and rear parking sensors, while higher end variants get the latest features like 360-degree camera and ADAS Level 2.