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Skoda New Rapid EMI Calculator

Skoda New Rapid EMI starts at Rs 15,887 per month for a tenure of 60 months @ 9.8 for a loan amount of Rs 7.51 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.

Skoda New Rapid Down Payment and EMI

Skoda Rapid VariantsLoan @ rate%Down paymentEMI Amount(60 months)
Skoda Rapid 1.0 TSI Rider9.800000190734863Rs.83,522Rs.15,887
New Skoda Rapid 1.0 TSI Rider Plus9.800000190734863Rs.90,161Rs.17,164
Skoda Rapid 1.0 TSI Rider Plus AT9.800000190734863Rs.1.05 LakhRs.20,096
Skoda Rapid 1.0 TSI Ambition9.800000190734863Rs.1.12 LakhRs.21,343
Skoda Rapid 1.0 TSI Onyx9.800000190734863Rs.1.14 LakhRs.21,876

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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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*Ex-showroom Price in New Delhi

Skoda New Rapid User Reviews

4.4/5
Based on259 User reviews
  • All (259)
  • Comfort (88)
  • Mileage (78)
  • Looks (75)
  • Engine (66)
  • Service (58)
  • Performance (51)
  • Interior (49)
  • More ...
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  • Safer Driving Experince With This Car.

    I am using the New Skoda Rapid Car and I like this car so much because it looks very nice and performs so well. This car comes at a low price and offers very rich feature...Read More

    By yash jolly
    On: Sep 25, 2020 | 822 Views
  • Recommending This Car To Everyone.

    I am using the New Skoda Rapid Car and I recommend this car to others also who are looking for a good sedan car on a low budget. This car gives very good mileage and it i...Read More

    By lucky sharma
    On: Oct 15, 2020 | 137 Views
  • Comfortable Car.

    I am using New Skoda Rapid Car and I am very happy with the performance of this car. This car comes with many good features that give me a comfortable and safe driving ex...Read More

    By ramesh paswan
    On: Oct 15, 2020 | 86 Views
  • At An Affordable Price, New Skoda Rapid Car

    I am using New Skoda Rapid Car and I am satisfied with its performance. This car runs very smoothly and very easy to drive. This car is very comfortable and safe, that's ...Read More

    By raghuveer kumar jarwal
    On: Sep 25, 2020 | 129 Views
  • Reliable Strong Car.

    Reliable strong car. Meets European standards. Maintenance is taken care of with a 4-year package. Parts of this car are highly durable.

    By james sebastian
    On: Sep 25, 2020 | 40 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. 7.51 Lakh- on an annual rate of interest of 9.8% for a tenure of 5 years then EMI will be Rs 15,887. 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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