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Renault KWID EMI Calculator

Renault KWID EMI starts at Rs 6,173 per month for a tenure of 60 months @ 9.8 for a loan amount of Rs 2.91 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 1.0 RXL9.800000190734863Rs.49,383Rs.9,407
Renault KWID 1.0 RXL AMT9.800000190734863Rs.48,947Rs.9,315
Renault KWID 1.0 RXT AMT Opt9.800000190734863Rs.56,836Rs.10,814
Renault KWID 1.0 RXT Opt9.800000190734863Rs.53,349Rs.10,161
Renault KWID RXE9.800000190734863Rs.43,392Rs.8,267

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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 on619 User reviews
  • All (350)
  • Looks (115)
  • Mileage (91)
  • Comfort (84)
  • Price (76)
  • Engine (47)
  • Small (43)
  • Space (42)
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  • A Car Which Is Very Flexible To Drive

    Everything of Kwid is really good except for the power of the vehicle. I own a 2016 model KWID (full option with airbag) and is my sub vehicle as I have a BMW 320d for my...Read More

    By tnm jawad
    On: Aug 08, 2020 | 196 Views
  • Value For Money Car

    Value for money product, don't expect too much from it as you are also not spending too much on it, Best city vehicle. Low maintenance cost, best in class average best fe...Read More

    By brar pushpinder
    On: Aug 09, 2020 | 184 Views
  • Awesome Car With Amazing Features

    I purchased the car after extensive analysis of cars available in the Indian Market. I wanted a small car with all features. Kwid climber satisfied my needs. The line goe...Read More

    By dr surabhi
    On: Jul 16, 2020 | 3465 Views
  • My 1st Car (Best In Low Budget)

    Very happy with overall performance, listing out a few pros and cons Pros:- 1.looks are excellent, 2. best mileage car in petrol (I am currently getting 22.5/Liter, 3.BS...Read More

    By imran khan
    On: Jul 15, 2020 | 5584 Views
  • Kwid Is Best

    Comfortable and very convenient for going market or anywhere in the sphere of the city.

    By tarun kumar shukla
    On: Jul 12, 2020 | 66 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. 2.91 Lakh- on an annual rate of interest of 9.8% for a tenure of 5 years then EMI will be Rs 6,173. 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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