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      Renault Kwid Car Loan EMI Calculator

      Renault Kwid EMI starts at 9,520 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 0.84 Lakh. Renault Kwid price starts at ₹ 5.53 Lakh and goes up to ₹ 7.56 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      Renault Kwid
      RenaultKwid₹ 5.53 - 7.56 Lakh

      Variant

      RXE 1.0L

      Right Arrow

      City

      Mumbai

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      Adjust Kwid Car Loan Parameters

      On-Road Price

      ₹ 5,53,215

      Kwid RXE 1.0L EMI

      9,520 for 5 Years

      Down Payment
      Loan Tenure (Months)
      Bank Interest Rate
      %

      Renault Kwid RXE 1.0L Car Loan EMI

      On-Road Price₹ 5,53,215
      Ex-Showroom Price₹ 469500
      Max Loan Amount₹ 469500
      Down Payment as per your Selectiont₹ 83,715
      Loan Amount₹ 4,69,500
      EMI Amount 9,520
      Interest Component1,01,700(17.8%)
      Principal Component4,69,500(82.2%)
      Total Payable over 5 Years5,71,200
      Note: This doesn't include bank processing fee.

      Renault Kwid Loan Repayment Schedule

      This table helps you understand, how much loan payment will be pending at the end of the each year of the loan. This way, you can arrive at the amount you will need if you decide to pre-pay your loan.

      MonthsPrincipal PaidInterest PaidBalance Loan
      12₹ 79,560₹ 34,680₹ 3,89,940
      24₹ 86,163₹ 28,077₹ 3,03,777
      36₹ 93,316₹ 20,924₹ 2,10,461
      48₹ 1,01,063₹ 13,177₹ 1,09,398
      60₹ 1,09,398₹ 4,790₹ 0

      Renault Kwid EMI

      Renault Kwid Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 83,715

      On-Road Price in MumbaiMin Down PaymentEMI
      RXE 1.0L

      ₹ 5,53,215

      ₹83,715₹9,520
      RXL(O) 1.0L

      ₹ 5,87,633

      ₹88,133₹10,128
      RXL(O) 1.0L AMT

      ₹ 6,40,789

      ₹96,289₹11,040
      RXT 1.0L

      ₹ 6,47,100

      ₹97,100₹11,152
      RXT 1.0L AMT

      ₹ 6,98,726

      ₹1,03,726₹12,064
      CLIMBER 1.0 MT

      ₹ 6,90,122

      ₹1,02,622₹11,912
      CLIMBER 1.0 AMT

      ₹ 7,41,748

      ₹1,09,248₹12,825
      CLIMBER 1.0 MT Dual Tone

      ₹ 7,03,888

      ₹1,04,388₹12,156
      CLIMBER 1.0 AMT Dual Tone

      ₹ 7,55,515

      ₹1,11,015₹13,068

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      Explore more about Renault Kwid

      Renault Kwid
      Renault Kwid
      ₹ 5.53 - 7.56 LakhOn-Road Price, Mumbai

      Kwid EMI FAQs

      ₹ 9,520.
      Here is how - Renault Kwid price starts from ₹ 5,53,215 in Mumbai. If you pay a down payment of ₹ 83,715 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 9,520.
      The cheapest Kwid model is RXE 1.0L which is priced at ₹ 5,53,215 in Mumbai. You will need to pay at least a ₹ 83,715 down payment to buy this model.

      Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.
      Here is a model wise list of max loan amount for Kwid.
      VersionOn-road price in MumbaiMax Loan
      RXE 1.0L₹ 5,53,215₹ 4,69,500
      RXL(O) 1.0L₹ 5,87,633₹ 4,99,500
      RXL(O) 1.0L AMT₹ 6,40,789₹ 5,44,500
      RXT 1.0L₹ 6,47,100₹ 5,50,000
      RXT 1.0L AMT₹ 6,98,726₹ 5,95,000
      CLIMBER 1.0 MT₹ 6,90,122₹ 5,87,500
      CLIMBER 1.0 AMT₹ 7,41,748₹ 6,32,500
      CLIMBER 1.0 MT Dual Tone₹ 7,03,888₹ 5,99,500
      CLIMBER 1.0 AMT Dual Tone₹ 7,55,515₹ 6,44,500

      As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.

      Good Practice will be to chose the shortest possible tenure for which you can afford an EMI amount.
      • 1. If you select a higher tenure loan, let's say 7 years, your EMI for Kwid RXE 1.0L will be ₹ 8,623 but you will have to pay interest of ₹ 2,54,832 over the period of 7 years.
      • 2. If you select a lower tenure loan, let's say 3 years, your EMI amount will be higher at ₹ 17,336, but your interest payment will be only ₹ 1,54,596 over the 3 years period.