If you take a car loan of Rs 5 lakh to buy the top-end model of Alto K10, how much will the monthly EMI be? understand the calculations

The cheapest car in the country is the Maruti Alto K10. Its starting ex-showroom price is just Rs 3.99 lakh. At the same time, the ex-showroom price of its top-end model VXI+ (O) AGS is Rs 580,000. Alto is considered to be the best car for a small family. It also has an automatic transmission with many great features. Not only that, it also offers good mileage on both petrol and CNG. In such a situation, during this festive season, you are also considering purchasing the top trim of this car. For this, if you take a loan of Rs 5 lakh, we show you the complete calculation of the EMI amount that you will have to pay every month at different interest rates and tenures.

To purchase Alto K10 VXI+ (O) AGS, a loan of Rs 5 lakh is taken at an interest rate of 8%, then the monthly EMI for 3 years will be Rs 15,668, for 4 years the monthly EMI will be of Rs 12,206, for 5 years the monthly EMI will be Rs. EMI will be Rs 10,138, the monthly EMI for 6 years will be Rs 8,767 and the monthly EMI for 7 years will be Rs 7,793.

To buy Alto K10 VXI+ (O) AGS, a loan of Rs 5 lakh is taken at an interest rate of 8.50%, then the monthly EMI for 3 years will be Rs 15,784, for 4 years the EMI monthly will be Rs 12,324, for For 5 years, the monthly EMI will be Rs 10,258, the monthly EMI for 6 years will be Rs 8,889 and the monthly EMI for 7 years will be Rs 7,918.

To buy Alto K10 VXI+ (O) AGS, a loan of Rs 5 lakh is taken at an interest rate of 9%, then the monthly EMI for 3 years will be Rs 15,900, for 4 years the monthly EMI will be of Rs 12,443, for 5 years the monthly EMI will be Rs. EMI will be Rs 10,379, the monthly EMI for 6 years will be Rs 9,013 and the monthly EMI for 7 years will be Rs 8,045.

To buy Alto K10 VXI+ (O) AGS, a loan of Rs 5 lakh is taken at an interest rate of 8.50%, then the monthly EMI for 3 years will be Rs 16,016, the monthly EMI for 4 years will be Rs 12,562, the Monthly EMI for 5 years will be Rs. 10,501, the monthly EMI for 6 years will be Rs 9,137 and the monthly EMI for 7 years will be Rs 8,172.

To buy Alto K10 VXI+ (O) AGS, a loan of Rs 5 lakh is taken at an interest rate of 10%, then the monthly EMI for 3 years will be Rs 16,134, for 4 years the monthly EMI will be of Rs 12,681, for For 5 years, the monthly EMI will be Rs 10,624, the monthly EMI for 6 years will be Rs 9,263 and the monthly EMI for 7 years will be Rs 8,301.

Maruti Alto K10 Features and Specifications

The Alto K10 car is based on the company’s updated Heartect platform. This hatchback is equipped with a new generation 1.0L K-series twin jet engine with dual VVT. This engine generates a power of 49 kW (66.62 hp) at 5,500 rpm and a maximum torque of 89 Nm at 3,500 rpm. The company claims that its automatic variant gives a mileage of 24.90 km/l and the manual variant gives a mileage of 24.39 km/l. While the mileage of its CNG variant is 33.85 kmpl.

The Alto K10 has a 7-inch floating touchscreen infotainment system. The company has already provided this infotainment system on S-Presso, Celerio and Wagon-R. Besides Apple Car Play and Android Auto, this infotainment system also supports USB, Bluetooth and Aux cables. The steering wheel also received a new design. In this case, a mounted control of the infotainment system has been provided on the steering itself.

This sedan will feature anti-lock braking system (ABS), electronic brake force distribution (EBD) and reverse parking sensor. Along with this, the Alto K10 will get a pretensioner and a force-limiting front seat belt. It will also be available with reverse parking sensors for safe parking. The car also comes with speed-sensing automatic door locks and high-speed alert, along with many other safety features. You will be able to buy it in 6 color options Speedy Blue, Earth Gold, Sizzling Red, Silky White, Solid White and Granite Grey.