Renault KWID EMI Calculator
Renault KWID EMI starts at Rs 6,552 per month for a tenure of 60 months @ 9.8 for a loan amount of Rs 3.09 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 Variants | Loan @ rate% | Down payment | EMI Amount(60 months) |
---|---|---|---|
Renault KWID STD | 9.8 | Rs.34,381 | Rs.6,552 |
Renault KWID RXE | 9.8 | Rs.41,906 | Rs.7,974 |
Renault KWID RXL | 9.8 | Rs.45,131 | Rs.8,593 |
Renault KWID Neotech | 9.8 | Rs.46,959 | Rs.8,937 |
Renault KWID 1.0 RXL | 9.8 | Rs.47,496 | Rs.9,051 |
Calculate your Loan EMI for KWID
- Total Loan AmountRs.0
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Renault KWID User Reviews
- All (402)
- Looks (125)
- Mileage (102)
- Comfort (93)
- Price (85)
- Engine (55)
- Performance (50)
- Small (47)
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A Small Family Car For City Rides
Overall, a nice experience in this price range. You can't expect more than this. Better than Alto, Eon, and Datsun Redi Go. This car has a very low service cost and has t...Read More
Experienced Review
I am an owner of the Renault Kwid model since March 2020. The car performance is good but the service center is not taking care of their customer inefficient way.
Experienced Review
I am the owner of Renault Kwid and this car looks amazing. It performs very well. Service is not appreciable. I will just say go for it.
A Very Good Mini SUV
It is a very good mini SUV. You will feel amazing while driving. Mileage is approx 23kmpl on the highway, also it looks good. It has an awesome pick-up and very spacious....Read More
In My Car No Safety Features
In my car, no safety features available, only safety belt is there. I purchased it in 2017 and the resale value is very bad.
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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. 3.09 Lakh- on an annual rate of interest of 9.8% for a tenure of 5 years then EMI will be Rs 6,552. 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.
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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.