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Bring Home Maruti Baleno for Rs 5,000 EMI: Check the Complete Calculation
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News18•14-10-2026, 19:26
Bring Home Maruti Baleno for Rs 5,000 EMI: Check the Complete Calculation
- •Maruti Suzuki Baleno is being offered with an attractive low monthly installment scheme of around Rs 5,000.
- •The on-road price for the base variant of the Baleno ranges between approximately Rs 6,62,452 and Rs 7 lakh.
- •To maintain a low EMI of Rs 5,000, buyers need to make a substantial down payment of about Rs 3.50 lakh to Rs 3.80 lakh.
- •A loan of Rs 3,20,000 taken for a tenure of 7 years at a 9 percent interest rate results in an EMI of roughly Rs 5,000.
- •Longer loan tenures increase the total interest paid to the bank, so financial planning and careful calculation are essential before purchasing.
Key Questions Answered
To keep the monthly installment around Rs 5,000 for a Maruti Baleno with an on-road price of roughly Rs 6,62,452, you need to make a substantial down payment ranging between Rs 3,50,000 and Rs 3,80,000.
Taking a car loan of Rs 3,20,000 for a duration of 84 months (7 years) at an interest rate of 9 percent results in an estimated monthly EMI of around Rs 5,000. However, opting for a longer loan tenure increases the total interest paid to the bank over time.
Advertisements promoting a new car for a monthly installment of around Rs 5,000 can be misleading because they usually rely on smaller loan amounts, special finance schemes, or require very large down payments.
