are you planning to buy new Hyundai Venue N Line And wondering how much EMI will you have to pay? Here is a table that provides the variant-wise on-road (Delhi) price of Hyundai SUV and the minimum monthly installments taking into account the average tenure, ROI and down payment.
| type | on-road price (Delhi) |
tenure | Rate of interest (Estimated) |
advanced payment | EMI |
| N6 | 14 lakh rupees | 5 years | 9.8% | Rs 1,40,000 | Rs 26,653 |
| N6 Dual Tone | Rs 14.17 lakh | 5 years | 9.8% | Rs 1,42,000 | Rs 26,974 |
| N8 | Rs 15.14 lakh | 5 years | 9.8% | Rs 1,51,000 | Rs 28,818 |
| N8 Dual Tone | Rs 15.31 lakh | 5 years | 9.8% | Rs 1,53,000 | Rs 29,139 |
To simplify, we have chosen an average tenure of 5 years as the standard with an approximate 10% down payment amount and an estimated 9.8% bank interest rate. Note that the buyer is free to decide the period for which he will take the loan, while the interest rate varies from bank to bank. In addition, you can also choose to pay a higher or lower down payment, which will increase or decrease your Easy Monthly Installment (EMI) respectively.
Hyundai sells the Venue N line in India at a starting price of Rs 12.16 lakh for the entry-level N6 variant, which goes up to Rs 13.30 lakh (both prices, ex-showroom) for the range-topping N8 dual tone model. However, the on-road (Delhi) price of the Hyundai SUV is currently between Rs 14 lakh and Rs 15.31 lakh.
For example, let’s say you decide to buy the N8 variant of the Hyundai Venue N line, which currently has an ex-showroom price of Rs 13.15 lakh. If you pay Rs 1.51 lakh as down payment out of the on-road (Delhi) price of Rs 15.14 lakh, you will get EMI for a tenure of 60 months (5 years) for a total loan amount of Rs 13.63 lakh. 28,818 will have to be paid in the form. Lakh. At the end of the tenure, you will have paid Rs 18.8 lakh (inclusive of everything) for the SUV, which includes the down payment.
Let us know in the comments below if you want to know the EMI of any other car, motorcycle or scooter of your choice!