Renault Kwid On Road Price: How much will be the EMI on ₹1 lakh down payment? Know the complete calculation

Renault Kwid On Road Price: How much will be the EMI on ₹1 lakh down payment? Know the complete calculation

Renault Kwid is one of the cheapest and best hatchbacks in the country. The company has recently updated it and has now introduced it in only 2 variant options. The ex-showroom price of its base Evolution variant is ₹ 4,52,900 and you can buy Climber AMT for just ₹ 5,60,900 (ex-showroom).

At the dealer level, Renault Kwid can also be purchased in CNG option, whose ex-showroom price starts from Rs.5,23,349. If you want to buy this small SUV-like car in the coming days, then this article of ours is useful for you. In this article, we have brought details related to On Road Price and EMI of Renault Kwid. We will also know about its price and features.

Renault Kwid On Road Price

As told to you, Renault Kwid can be bought in the country's capital for just Rs 4,52,900. On this you will have to pay a total RTO fee of Rs 36,232 and insurance amount of Rs 23,323. In this way the on-road price of the vehicle will become Rs 5,12,455.

Renault Kwid Down Payment & EMI Details

If you give a down payment of Rs 1 lakh while buying the new Renault Kwid, then you will have to apply for a car loan on the remaining Rs 4,12,455. If your monthly income is good and your credit score is in good condition, then you will easily get this loan at an interest rate of 10 percent.

Let us assume that you will get this car loan for 5 years. In this way, at 10 percent interest rate, you can repay your car loan by paying a total of 60 EMIs of Rs 8,763. In this way you will pay a total of Rs 5,25,807 in installments. If Rs 1 lakh down payment is added, its price will be Rs 6,25,807 (after interest and EMI).

The design of Renault Kwid is SUV-style. The 2026 facelift gets a new front grille, LED DRLs, updated bumpers and taillights. The 14-inch alloy wheels and compact dimensions (length 3731 mm, ground clearance 184 mm) make it perfect for the city. The interior features an 8-inch touchscreen infotainment system (Android Auto & Apple CarPlay), steering mounted controls, power windows and a spacious cabin (5 seater). Boot space is 279 litres, which increases with foldable seats.

Features and safety

Features include keyless entry, rear camera, TPMS and manual/AC. For safety, the top variant has 6 airbags, ABS with EBD, ESP, traction control and hill start assist. Earlier there was 1-2 star rating in Global NCAP.

Engine and Mileage

This is a 1.0 liter 3-cylinder petrol engine, which produces 69 PS power and 92 Nm torque. The company offers it with 5-speed manual or AMT gearbox. CNG option is also available. ARAI mileage ranges from 21.7-22.5 kmpl. Overall, Kwid is a budget car with style, features and low running costs.

Important information: The on-road price and EMI details of Renault Kwid given above are just an example. This figure may increase or decrease due to change in vehicle variant, dealership, RTO and insurance company. Before planning to buy a new car, gather complete information yourself and take quotations from different dealerships.

If we talk about finance, then people earning Rs 40-50 thousand per month can easily buy it on EMI. Provided that you have a savings of at least Rs 1.5-2 lakh and you are not currently paying EMI of any big loan. Apart from this, getting a car loan at a good interest rate will completely depend on your Credit/CIBIL Score.

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