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New Skoda Rapid EMI Calculator

New Skoda Rapid EMI starts at Rs 15,768 per month for a tenure of 60 months @ 9.8 for a loan amount of Rs 7.55 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 New Rapid.

New Skoda Rapid Down Payment and EMI

Skoda Rapid VariantsLoan @ rate%Down paymentEMI Amount(60 months)
Skoda Rapid 1.0 TSI Rider9.800000190734863Rs.83,922Rs.15,971
Skoda Rapid 1.0 TSI Ambition9.800000190734863Rs.1.11 LakhRs.21,222
Skoda Rapid 1.0 TSI Onyx9.800000190734863Rs.1.17 LakhRs.22,424
Skoda Rapid 1.0 TSI Style9.800000190734863Rs.1.32 LakhRs.25,255
Skoda Rapid 1.0 TSI Monte Carlo9.800000190734863Rs.1.36 LakhRs.25,918

Calculate your Loan EMI for New 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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At CarDekho, we can help you get the best deal on your loans. Please call us on 1800 200 3000 for help.

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*Ex-showroom Price in New Delhi

New Skoda Rapid User Reviews

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    By jayjit bhattacharya
    On: Apr 02, 2020 | 1223 Views
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    On: Mar 28, 2020 | 180 Views
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    Great car and very stable with all features one looks for Sleek. Study smooth refined solid safe great family car. Go for it, better than Honda City and Verna Limited add...Read More

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    On: Mar 02, 2020 | 154 Views
  • Simply Classic Awesome Car

    Awesome car with the build quality, ride and handling... The 1.5 TDI CR powertrain produces 83KW(~110bhp), you will definitely feel it when you depress the accelerator an...Read More

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    On: Apr 11, 2020 | 86 Views
  • DSG7 Speed

    Awesome, for people who want performance along with all the comfort and safety. 0-100 in 9 seconds, just like a rocket.

    By tejinder
    On: Apr 08, 2020 | 38 Views
  • View All New Rapid Reviews

Frequently Asked Questions On New Rapid Emi

What will be the lowest down payment for New Skoda Rapid?

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

What will be the monthly EMI for the New 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 New 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. 7.55 Lakh- on an annual rate of interest of 9.8% for a tenure of 5 years then EMI will be Rs 15,768. 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 New Skoda Rapid?

Interest rate for the New 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 New Skoda Rapid?

EMI for the New 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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