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Renault KWID EMI Calculator

Renault KWID EMI starts at Rs 6,651 per month for a tenure of 60 months @ 9.8 for a loan amount of Rs 3.14 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 KWID.

Renault KWID Down Payment and EMI

Renault KWID VariantsLoan @ rate%Down paymentEMI Amount(60 months)
Renault KWID STD9.8Rs.34,950Rs.6,651
Renault KWID RXE9.8Rs.42,476Rs.8,094
Renault KWID RXL9.8Rs.45,701Rs.8,692
Renault KWID Neotech9.8Rs.47,819Rs.9,098
Renault KWID 1.0 RXL9.8Rs.48,066Rs.9,150

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Calculate your Loan EMI for KWID

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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Renault KWID User Reviews

4.3/5
Based on435 User reviews
  • All (434)
  • Looks (129)
  • Mileage (109)
  • Comfort (99)
  • Price (90)
  • Engine (59)
  • Performance (54)
  • Small (50)
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  • It Is A Very Good, Stylish,featurefull

    It is a very good, stylish, feature fully and safe car for this segment. Nothing compares to any other car for this price.

    By piyong dey
    On: May 15, 2021 | 35 Views
  • Some Features Missing

    Renault KWID comes with most of the features. There are some features that are not present. Like it doesn't have front fog lights, it doesn't have automatic cli...Read More

    By hemant singh
    On: Apr 27, 2021 | 2592 Views
  • Best Low Price Good Car

    This is my fast car Renault KWID RXT(O). The best price, low maintenance, good space, best ac, and security are also good.

    By shahnawaz khan
    On: Apr 26, 2021 | 83 Views
  • Kwid Climber 1.0mt

    Quite a good and practical car. Lacking safety features rest is all good. Overall experience Wonderful.

    By sanjay saroch
    On: Apr 01, 2021 | 98 Views
  • Kwid Is Good

    Kwid is a good-looking and stylish car in the segment with low maintenance, mileage, and with feature-loaded.

    By sarbinong rongpi
    On: Apr 14, 2021 | 83 Views
  • View All KWID Reviews

Frequently Asked Questions On Kwid Emi

What will be the lowest down payment for Renault KWID?

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

What will be the monthly EMI for the Renault KWID?

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 Renault KWID 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. 3.14 Lakh- on an annual rate of interest of 9.8% for a tenure of 5 years then EMI will be Rs 6,651. 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 Renault KWID?

Interest rate for the Renault KWID 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 Renault KWID?

EMI for the Renault KWID 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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