If you are looking for a premium hatchback that offers spacious interiors, stylish design, and impressive performance, then the new Maruti Suzuki Baleno might be the right choice for you. The Baleno is one of the best-selling cars in India and has received many accolades for its features and value for money. But how much does it cost to buy and own a new Baleno base model in Delhi? In this article, we will help you find out the EMI, downpayment, interest rate, ex-showroom price, and on-road price of the new Baleno Sigma Variant which is base model in Delhi.
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The new Baleno base model is the Sigma variant, which comes with a 1.2-litre petrol engine that delivers 83 PS of power and 113 Nm of torque. It is paired with a 5-speed manual transmission and has a fuel efficiency of 21.01 kmpl. The Sigma variant offers basic features such as dual airbags, ABS with EBD, rear parking sensors, power windows, central locking, tilt steering, and manual AC. It does not have any infotainment system or alloy wheels.
New Baleno Sigma Variant On Road Price
The ex-showroom price of the new Baleno Sigma variant in Delhi is Rs. 6.61 lakh. However, this is not the final price that you have to pay to get the car. You also have to pay additional charges such as road tax, registration fee, insurance, handling charges, and accessories. These charges vary depending on the dealer and the state. According to one source, the on-road price of the new Baleno Sigma variant in Delhi is Rs. 7.77 lakh.
EMI, Loan Amount and Interest Rate on New Baleno Sigma variant
If you want to buy the new Baleno Sigma variant on loan, you have to pay a certain amount of money as downpayment and then pay the remaining amount in monthly instalments or EMIs. The downpayment is usually 10-20% of the on-road price of the car. The EMI depends on the loan amount, interest rate, and tenure of the loan. The interest rate and tenure are determined by the bank or the finance company that provides the loan. The interest rate can range from 8% to 12% per annum and the tenure can range from 3 to 7 years.
To give you an idea of how much EMI you have to pay for the new Baleno Sigma variant in Delhi, we have created a table below that shows the EMI for different loan amounts, interest rates, and tenures. We have assumed that you pay 15% of the on-road price as downpayment, which is Rs. 1.17 lakh.
|Loan Amount||Interest Rate||Tenure||EMI|
|Rs. 6.60 lakh||8%||3 years||Rs. 20,762|
|Rs. 6.60 lakh||8%||5 years||Rs. 13,373|
|Rs. 6.60 lakh||10%||3 years||Rs. 21,289|
|Rs. 6.60 lakh||10%||5 years||Rs. 14,052|
|Rs. 6.60 lakh||12%||3 years||Rs. 21,825|
|Rs. 6.60 lakh||12%||5 years||Rs. 14,742|
As you can see from the table, the EMI varies depending on the loan amount, interest rate, and tenure. You can use an online EMI calculator to find out the exact EMI for your desired loan amount, interest rate, and tenure.
We hope this article has helped you understand the cost of buying and owning a new Baleno base model in Delhi. If you are interested in buying this car, you can contact your nearest Maruti Suzuki dealer for more details and offers.
Please Note: On Road Price for any Vehicles Vary from city to city (Different). For More Details Please Visit Your Nearby Showrooms.
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