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Most Popular Car of India At Just Rs. 4,465 / Month or 3.99 Lakh Rs Only

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If you are planning to buy a new Alto base model Which is Popular Car of India, you might be wondering how much it will cost you and what are the best loan options available. In this article, we will help you find out the answers to these questions and more.

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The new Alto base model is the STD Opt variant, which comes with features like driver airbag, ABS with EBD, rear parking sensors, seat belt reminder, speed alert system, etc. The ex-showroom price of this variant in Delhi is Rs. 3.99 lakh. Most Important thing is, this is not the final price that you have to pay. There are other charges like road tax, insurance, registration fee, etc. that are added to the ex-showroom price to get the on-road price.

Popular Car of India
Most Popular Car of India At Just 3.54 Lakh Rs Or EMI of Rs. 4,465 Only


The on-road price of the new Alto base model in Delhi is Rs. 4.64 lakh. This is the amount that you have to pay to the dealer to get the car delivered to you. However, if you don’t have enough cash to pay the full amount upfront, you can opt for a car loan from a bank or a finance company.

EMI, Loan Amount and Down Payment

A car loan is a type of loan where you borrow money from a lender to buy a car and repay it in monthly installments (EMIs) along with interest. The interest rate, loan amount, loan tenure, and down payment are some of the factors that determine your EMI amount.

A down payment is the amount of money that you pay to the dealer as a part of the on-road price. The remaining amount is financed by the lender as the loan amount. The higher the down payment, the lower the loan amount and the EMI.

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The interest rate is the percentage of interest that you have to pay on the loan amount every year. The interest rate varies from lender to lender and depends on various factors like your credit score, income, car model, etc. The lower the interest rate, the lower the EMI.

The loan tenure is the duration for which you take the loan. It is usually Calculated in months or years. The longer the loan tenure, the lower the EMI but the higher the total interest payable.

To give you an idea of how these factors affect your EMI amount, we have created a table below that shows the EMI calculation for different scenarios for the new Alto base model in Delhi.

Down PaymentLoan AmountInterest RateLoan TenureEMI
20% (Rs. 1.20 Lakh)Rs. 3.34 lakh9.8%5 yearsRs. 7,057
30% (Rs. 1.25 lakh)Rs. 2.93 lakh9.8%5 yearsRs. 6,193
40% (Rs. 1.67 lakh)Rs. 2.51 lakh9.8%5 yearsRs. 5,329
50% (Rs. 2.09 lakh)Rs. 2.09 lakh9.8%5 yearsRs. 4,465

Please Note: On Road Price for any Vehicles Vary from city to city (Different). For More Details Please Visit Your Nearby Showrooms.


As you can see from the table, by increasing your down payment and reducing your loan amount, you can save on your EMI and interest payments.

However, before you apply for a car loan, you should also consider other factors like your monthly income, expenses, savings, etc. and choose a loan option that suits your budget and repayment capacity.

We hope this article has helped you understand how much it will cost you to buy a new Alto base model car in Delhi and what are the best loan options available for you.

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Siddharth Antre

Hey, I am Siddharth Antre, Blogger & Youtuber From Nashik. Here I share all Auto News on Daily Basis. Writing Blogs since 2014.

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