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Maruti Wagon R EMI Calculator

Maruti Wagon R EMI starts at Rs 10,118 per month for a tenure of 60 months @ 9.8 for a loan amount of Rs 4.78 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.53,142Rs.10,118
Maruti Wagon R LXI Opt9.8Rs.53,900Rs.10,257
Maruti Wagon R VXI9.8Rs.56,661Rs.10,777
Maruti Wagon R VXI Opt9.8Rs.57,419Rs.10,938
Maruti Wagon R VXI 1.29.8Rs.61,057Rs.11,622

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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 on1356 User reviews
  • All (1356)
  • Comfort (473)
  • Mileage (414)
  • Space (351)
  • Looks (346)
  • Engine (219)
  • Seat (216)
  • Price (202)
  • More ...
  • LATEST
  • HELPFUL
  • VERIFIED
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  • Awesome Services Should Improve Further

    My overall experience is awesome in the city and long drive. I feel good while driving this car. Horn headlight should be provided as both are not up to the mark for VXIv...Read More

    By kishore alur
    On: Feb 23, 2021 | 283 Views
  • Value For Money Car

    It is a value-for-money car. Mileage is good and nice comfort & features. Only required yearly service without any additional maintenance.

    By tushar sharma
    On: Feb 18, 2021 | 84 Views
  • Good Car And Good Riding Experience

    Good car and good riding experience but, safety features are not there. Riding power and seating are all good. It is a good car for old ages. Gets an average of 17km/l on...Read More

    By vaishnav b
    On: Feb 17, 2021 | 1156 Views
  • Honest Rewiew

    Good but the previous generations were better and awesome. From behind it looks like a MATKA as the tail lights are copied from THE ERTIGA and If this car goes to Toyota ...Read More

    By aarush jaiswal
    On: Feb 15, 2021 | 111 Views
  • Most Beautiful Car

    Most beautiful car & all features are amazing and it has great advance technology.

    By bappa rahaman
    On: Feb 10, 2021 | 95 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. 4.78 Lakh- on an annual rate of interest of 9.8% for a tenure of 5 years then EMI will be Rs 10,118. 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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