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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 VariantsLoan @ rate%Down paymentEMI Amount(60 months)
Renault KWID STD9.8Rs.34,381Rs.6,552
Renault KWID RXE9.8Rs.41,906Rs.7,974
Renault KWID RXL9.8Rs.45,131Rs.8,593
Renault KWID Neotech9.8Rs.46,959Rs.8,937
Renault KWID 1.0 RXL9.8Rs.47,496Rs.9,051

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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

4.4/5
Based on402 User reviews
  • All (402)
  • Looks (125)
  • Mileage (102)
  • Comfort (93)
  • Price (85)
  • Engine (55)
  • Performance (50)
  • Small (47)
  • More ...
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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

    By mohsin
    On: Jan 11, 2021 | 2662 Views
  • 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.

    By user
    On: Jan 10, 2021 | 89 Views
  • 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.

    By rehan khan
    On: Jan 10, 2021 | 61 Views
  • 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

    By pukhraj babal
    On: Jan 10, 2021 | 1115 Views
  • 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.

    By tauquir ahmad siddiqui
    On: Jan 09, 2021 | 43 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. 3.09 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.

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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