Skoda Rapid EMI Calculator

Skoda Rapid EMI starts at Rs 16,732 per month for a tenure of 60 months @ 9.8 for a loan amount of Rs 7.91 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 Rapid.

Skoda Rapid Down Payment and EMI

Skoda Rapid VariantsLoan @ rate%Down paymentEMI Amount(60 months)
Skoda Rapid 1.0 TSI Matte Edition9.8Rs.1.38 LakhRs.26,440
Skoda Rapid 1.0 TSI Matte Edition AT9.8Rs.1.55 LakhRs.29,687
Skoda Rapid 1.0 TSI Ambition AT9.8Rs.1.33 LakhRs.25,342
Skoda Rapid 1.0 TSI Monte Carlo AT9.8Rs.1.53 LakhRs.29,223
Skoda Rapid 1.0 TSI Onyx AT9.8Rs.1.35 LakhRs.25,771
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Calculate your Loan EMI for Rapid

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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Skoda Rapid User Reviews

4.4/5
Based on290 User reviews
  • All (290)
  • Comfort (96)
  • Mileage (91)
  • Looks (81)
  • Engine (70)
  • Service (64)
  • Performance (61)
  • Power (51)
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  • Safe And Sturdy Car With Good Mileage

    A safe car with all features and good mileage especially on the highway. After 7 years I am able to get around 21kmpl of mileage.

    By vipul gupta
    On: Aug 05, 2021 | 126 Views
  • 26kmpl On Highway Mileage

    I have a 2016 diesel model. After 5 years of running, also it works like new and mileage is better than they say. On the highway, this car can give up to 25-26kmpl a...Read More

    By sujit das
    On: Nov 14, 2021 | 549 Views
  • Proud Of My Choice

    I bought Rapid Rider Plus on October 21. Maximum used in the city for last one month, very easy to control, and gave good mileage of 14+ in city driving. This Diwali I to...Read More

    By mahesh jangra
    On: Sep 28, 2021 | 920 Views
  • It's Better Then Rivals

    Excellent driving pleasure, built quality, handling, performance, and on-the-spot breaking give confidence and make it a better car. It's better than rivals

    By nitin khanduri
    On: Sep 16, 2021 | 67 Views
  • Love My Car

    Super satisfied fun to drive with the safety of a tank, superb fuel efficiency and awesome styling.

    By shalabh mittal
    On: Nov 06, 2021 | 54 Views
  • View All Rapid Reviews

Frequently Asked Questions On Rapid Emi

What will be the lowest down payment for Skoda Rapid?

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

What will be the monthly EMI for the Skoda Rapid?

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 Skoda Rapid 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. 7.91 Lakh- on an annual rate of interest of 9.8% for a tenure of 5 years then EMI will be Rs 16,732. 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 Skoda Rapid?

Interest rate for the Skoda Rapid 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 Skoda Rapid?

EMI for the Skoda Rapid 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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