What is Down-payment & Loan Process for Maruti Alto CNG?
If you are planning to buy a new CNG car these days, then it is quite easy. You can buy Alto CNG by making a downpayment of just Rs 1 lakh and then pay a certain amount as EMI at a fixed interest rate for 5 years. One advantage of this will be that your pocket will not be burdened much at once. For the time being, let us tell you that this 5 seater hatchback has a 796 cc engine, which can generate power up to 47.33 bhp. It is offered in manual transmission option. Next generation Alto 800 is coming this year with better looks and features.
Alto 800 LXI Optional S-CNG EMI Option
Now let us tell you about the loan of Alto 800 CNG, then the ex-showroom price of Maruti Alto 800 LXI S-CNG is Rs 5.03 lakh and the on-road price is Rs 5,52,970. According to CarDekho EMI calculator, if you buy Alto CNG by making a downpayment of Rs 1 lakh (on-road plus processing fee and first month installment), you will get a car loan of Rs 4,52,970 and then at 9.8 per cent interest rate. With this, you will have to pay Rs 9,580 as EMI, ie installment, every month for the next 5 years. You will get interest around Rs 1.22 lakh on Alto CNG.
Disclaimer- Before buying a Maruti Alto CNG, you must visit the nearest Maruti Suzuki dealership to check car loan and EMI as well as interest rate details.
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