Get a Nissan Magnite by paying a deposit of Rs 1 lakh See full details including house, loan and monthly installment
EMI Installment Options for Nissan Magnite XE and Magnite XL Loans: The Nissan Magnite is a great option for those looking to buy an affordable SUV in India this festive season. Equipped with a powerful look and many special features, Nissan Magnite is also selling well. If you are also planning to buy Nissan Magnite these days and want to finance it instead of paying all the money at once, you have a good chance because you can buy the base model Nissan Magnite XE and the latest Magnite XL variant for just one lakh rupees. You can take it home by paying a deposit. After that how much auto loan will be available on Nissan Magnite, how much will be EMI and how much loan will be available at what interest rate, today we are going to tell you all these details.
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Pricing starts from just 5.97 lakhs
The Nissan Magnite is offered in a total of 26 variants across 6 trim levels, namely XE, XL, XV Executive, XV, XV Premium and XV, with prices ranging from Rs 5.97 lakh to Rs 10.79 lakh ( ex showroom). The SUV is offered only with a gasoline engine, paired with manual and automatic transmission options. Equipped with many features, this 5-seater SUV has a mileage of up to 20 kmpl. Now let’s talk about Nissan Magnite Finance.
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Nissan Magnite XE Car Loan EMI Down Payment Details
The base model of the Nissan Magnite SUV, the Magnite XE, is priced at Rs 5.97 Lakh ex-showroom and Rs 6,65,642 on-road. You can finance this SUV by just making a down payment of Rs 1 lakh (handling fee plus road charge and first month installment). After that, according to the Car Dekho EMI calculator, you will get a loan of Rs 5,65,642. If you get a loan at an interest rate of 9% for 5 years, then for the next 5 years you will have to pay Rs 11,742 in the form of EMI every month. By financing the Nissan Magnite XE variant, you will get an interest of around Rs 1.39 lakh on the top terms.
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Nissan Magnite XL Car Loan EMI Down Payment Details
The second cheapest model of Nissan Magnite, Magnite XL, has an ex-showroom price of Rs 6.86 lakh and an on-road price of Rs 7,81,407. If you finance the Nissan Magnite XL variant by making a down payment of Rs 1 lakh (processing fee plus road charge and first month installment), then according to the CarDekho EMI calculator, you will get 6,81,407 at an interest rate of 9% for 5 years. You will get a loan of Rs. After that, you have to pay Rs 14,145 in installment every month for the next 5 years. By financing the Nissan Magnite XL variant, you will get an interest of around Rs 1.68 lakh.
Disclaimer- Before purchasing these two variants of the Nissan Magnite SUV, you should check the car loan and EMI details by visiting the nearest Nissan showroom. There you can find a difference.
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