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Maruti Wagon R EMI Calculator

Maruti Wagon R EMI starts at Rs 10,250 per month for a tenure of 60 months @ 9.8 for a loan amount of Rs 4.84 Lakh. The EMI Calculator tool on CarDekho gives a detailed break-up of the total payable amount and helps you in finding best car finance for your Wagon R.

Maruti Wagon R Down Payment and EMI

Maruti Wagon R VariantsLoan @ rate%Down paymentEMI Amount(60 months)
Maruti Wagon R LXI9.8Rs.53,867Rs.10,250
Maruti Wagon R LXI Opt9.8Rs.54,615Rs.10,387
Maruti Wagon R VXI9.8Rs.57,339Rs.10,921
Maruti Wagon R VXI Opt9.8Rs.58,087Rs.11,058
Maruti Wagon R VXI 1.29.8Rs.61,684Rs.11,734

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Calculate your Loan EMI for Wagon R

Down PaymentRs.0
0Rs.0
Bank Interest Rate 8 %
8%22%
Loan Period ( Years )
  • Total Loan AmountRs.0
  • Payable AmountRs.0
  • You''ll pay extraRs.0
EMIper month
Rs0
Calculated on On Road Price
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Maruti Wagon R User Reviews

4.4/5
Based on1382 User reviews
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    Nice car with extra space. It's like a big beast with excellent performance. If we talk about its comfort, it has a very good comfort

    By durgesh sharma
    On: Jun 12, 2021 | 61 Views
  • Good Car Wagon R

    Good car, comfortable for a small family. good space, very low maintenance charges, good mileage, budget car

    By ramanji
    On: May 26, 2021 | 71 Views
  • A Very Nice Car

    Nice car spacious and having best mileage. Features are not good, but having good boot space, good cabin

    By ruhi dev
    On: May 14, 2021 | 94 Views
  • Maruti Wagon R

    I purchased a new BS6 engine 1-liter Wagnor last September. It's a very good performance. Drive 11000 km, no single problem, very smooth. Good for a long drive well ...Read More

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    On: May 01, 2021 | 3671 Views
  • Thanks A Lot Maruti Suzuki Team

    Wagon R 1.0 VXI A G S. Is number - 1. In all class. like. Milage, comfort, and handling. After driven 5000kms, This car is for all middle-class families. M...Read More

    By ismail shaikh
    On: Apr 11, 2021 | 1676 Views
  • View All Wagon R Reviews

Frequently Asked Questions On Wagon R Emi

What will be the lowest down payment for Maruti Wagon R?

The lenders generally finance 90% of the On-Road Price of the Maruti Wagon R. Some customers might be eligible for 100% funding, too. Down payment is the difference between the On-Road Price of the Maruti Wagon R and the amount funded by the lender.

What will be the monthly EMI for the Maruti Wagon R?

EMIs or Equated Monthly Installments refer to the monthly payments you make to the lender to repay your loan. These payments include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI for the Maruti Wagon R can be calculated using the following formula:

{P x R x (1+R)^N / [(1+R)^N-1]}

where, P = Principal amount of the loan, R = Rate of interest and N = Number of monthly installments.

For Example:- If the principal amount for a car loan is Rs. 4.84 Lakh- on an annual rate of interest of 9.8% for a tenure of 5 years then EMI will be Rs 10,250. The rate of interest (R) on your loan is calculated monthly i.e. (R= Annual rate of interest/12/100). For instance, if R = 9.8% per annum, then R= 9.8/12 = 0.81%/month .

What will be the interest rate for the Maruti Wagon R?

Interest rate for the Maruti Wagon R primarily depends on the principal amount and tenure of the loan amount. Interest rate of lenders generally varies from 8.75% per annum to 11.50% per annum. If a customer holds an account with the financier then he may have a pre-approved new car loan offer available for him which can be verified by logging into his account. Customers can also negotiate with the financier for a better rate of interest against their loan amount.

What will be the EMI for 5 years tenure for the Maruti Wagon R?

EMI for the Maruti Wagon R for 5 years tenure can be calculated as per the following formula:-

{P x R x (1+R)^N / [(1+R)^N-1]}

Where, P = Principal amount of the loan, R = Rate of interest, N = Number of monthly installments which will be per month in case of 5 years tenure.

Running cost of your car

KM driven per day20 km/day
Monthly fuel costRs.0* / month

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Disclaimer : As per the information entered by you the calculation is performed by EMI Calculator and the amount of installments does not include any other fees charged by the financial institution / banks like processing fee, file charges, etc. The amount is in Indian Rupee rounded off to the nearest Rupee. Depending upon type and use of vehicle, regional lender requirements and the strength of your credit, actual down payment and resulting monthly payments may vary. Exact monthly installments can be found out from the financial institution.

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