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Maruti Wagon R EMI Calculator

Maruti Wagon R EMI starts at Rs 10,027 per month for a tenure of 60 months @ 9.8 for a loan amount of Rs 4.74 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 LXI9.800000190734863Rs.52,712Rs.10,027
Maruti Wagon R LXI Opt9.800000190734863Rs.53,470Rs.10,187
Maruti Wagon R VXI9.800000190734863Rs.57,589Rs.10,952
Maruti Wagon R VXI Opt9.800000190734863Rs.58,348Rs.11,113
Maruti Wagon R VXI 1.29.800000190734863Rs.60,631Rs.11,532

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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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*Ex-showroom Price in New Delhi

Maruti Wagon R User Reviews

4.4/5
Based on1308 User reviews
  • All (1308)
  • Comfort (460)
  • Mileage (404)
  • Space (342)
  • Looks (341)
  • Engine (215)
  • Seat (211)
  • Price (195)
  • More ...
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  • Some Things Which Need To Be Fixed.

    The 1.2 L Engine performs really awesome but the suspension is not that good to absorb the shocks on the roads, lots of cabin noise are there in the cabin while driving a...Read More

    By darshan shaliwan kadam
    On: Oct 20, 2020 | 840 Views
  • A Good Family Car.

    A good family car the tall boy design is very comfortable giving a lot of space. Talking about safety the company should do a compromise by merging the two variants like ...Read More

    By sherjel sez
    On: Oct 17, 2020 | 1297 Views
  • Best Car For Tall Boys.

    Wagon R is the best car since. The car mileage is an issue, if a company converts it into battery operated with little increase in luggage space then the car will be a ch...Read More

    By karthick s
    On: Oct 16, 2020 | 297 Views
  • Best Family Car.

    Good vehicle easy to drive in the city, parking the car is easy and best for the family purchase and I just love this car.

    By gnana sekar
    On: Oct 12, 2020 | 49 Views
  • Great Car.

    This new Wagnor 1.2 car has a very nice and performance and mileage, pickup, comfort level, etc. Recommending this car to everyone.

    By jayesh rathod
    On: Oct 09, 2020 | 48 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. 4.74 Lakh- on an annual rate of interest of 9.8% for a tenure of 5 years then EMI will be Rs 10,027. 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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