EMI of Maruti Grand Vitara Delta CNG on ₹2 lakh down payment is only ₹21,924/month – 7 years plan
Maruti Grand Vitara Delta CNG: A Brief Introduction
Suzuki’s popular mid-size SUV, the Grand Vitara CNG, is now also available in a base variant called Delta CNG. This model offers a petrol + CNG option and delivers an ARAI-certified mileage of approximately 26.6 km/kg, making it fuel-efficient and environmentally friendly.
Base Variant – Delta CNG
- Engine: 1.5 L (1462 cc) petrol + CNG, producing 87 bhp @ 5500 rpm and 121.5 Nm @ 4200 rpm
- Transmission: 5-speed manual
- Mileage (ARAI): ~26.6 km/kg
Pricing Breakdown
1. Ex-Showroom Price
The Delta CNG variant is priced at ₹13.48 lakh (Delhi ex-showroom).
2. On-Road Price
In Delhi, the following additional charges apply:
- RTO/Regulatory Fee: ₹1.34 lakh
- Insurance: ~₹62,364
- TCS: ₹13,480
Total on-road price comes to approximately ₹15.62 lakh.
Finance Plan
Down Payment
- You plan to make an initial payment of ₹2,00,000.
Loan Amount
- The loan will be based on the ex-showroom price of ₹13.48 lakh.
- After deducting the down payment, the financed amount is approximately ₹11.48 lakh.
Interest Rate & Tenure
- Estimated interest rate: around 9–10% per annum
- Loan tenure: between 5 to 7 years (60 to 84 months)
EMI Calculations
Scenario 1: 5-Year Loan (60 months) @ 10% Interest
- Estimated EMI: ₹28,394 per month
- Total interest over the tenure: approximately ₹3.38 lakh
Scenario 2: 7-Year Loan (84 months) @ 9% Interest
- Monthly EMI: ₹21,924
- Total interest paid: around ₹4.78 lakh
- Final cost (principal + interest) = ₹20.41 lakh
Note: Scenario 2 (7-year tenure) is highlighted, as referenced in the original source.
Monthly EMI and Total Cost
| Tenure | Interest Rate | Monthly EMI (₹) | Total Interest (₹) | Total Outlay (₹) |
|---|---|---|---|---|
| 5 Years | ~10% | ~28,394 | ~₹1.04 lakh | ~₹16.66 lakh |
| 7 Years | ~9% | ~21,924 | ~₹4.78 lakh | ~₹20.41 lakh |
Conclusion:
- A 5-year loan offers lower total interest but higher monthly EMI.
- A 7-year loan reduces monthly EMI but increases the total interest paid.
Total Cost Comparison
- On-road price: ₹15.62 lakh
- With a 7-year plan (interest ₹4.78 lakh), the total payable is ₹20.41 lakh.
- With a 5-year plan (interest ₹1.04 lakh), total cost is approximately ₹16.66 lakh.
Budgeting Factors to Consider
- Monthly Cash Flow: Lower EMIs help maintain liquidity.
- Total Interest Burden: Longer tenures increase cumulative interest.
- Rate Variations: Interest rates differ across banks and NBFCs.
- Additional Costs: Keep processing fees, foreclosure charges, etc., in mind.
Competition in the Segment
The Grand Vitara competes with several notable mid-size SUVs, including:
- Tata Harrier
- Toyota Urban Cruiser Hyryder
- Hyundai Creta
- Kia Seltos
- MG Hector
It not only competes on finance but also features—hybrid options, safety systems (ESP, hill-hold, multiple airbags), infotainment, etc.
Pre-Purchase Advice
- Use EMI Calculators (on platforms like CarDekho, CarWale, ZigWheels) to explore different rates and tenures.
- Explore Loan Offers—banks like ICICI often have competitive rates (e.g., ~9.1%).
- Align with Your Finances—check your monthly income, existing EMIs, and long-term financial plans before finalizing.
Conclusion
If you’re considering purchasing the Maruti Grand Vitara Delta CNG with a ₹2 lakh down payment, here are your estimated EMIs:
- 5-year plan @ 10% → EMI ~₹28.4 k/month; total interest ~₹1.04 lakh
- 7-year plan @ ~9% → EMI ~₹21.9 k/month; total interest ~₹4.78 lakh; total cost ~₹20.41 lakh
This SUV offers not only driving pleasure but also budget-friendly financing when planned well. With its mileage, safety features, and finance options, it’s a solid and sensible buy.
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