Kia Syros Diesel Base: ₹2 Lakh Down Payment EMI Breakdown!

Vehicle Financing Scheme Kia sells the Kia Syros, a compact SUV, in India. How much monthly EMI (Kia Syros Diesel Down Payment and EMI) will you have to pay after making a down payment of Rs 2 lakh if you also intend to purchase the base diesel version of this vehicle? Let’s investigate.

Kia has a wide range of automobiles available in India. In the market for small SUVs, the company sells the Kia Sorento. Both gasoline and diesel engine options are offered for this vehicle. How many monthly installments (EMI) will you have to pay if you also intend to purchase the base model of the Kia Syros diesel HTK Opt and wish to take the car home after paying a down payment of Rs 2 lakh? In this news, we are providing you with information on this.

Price of the Kia Syros Diesel

HTK Opt is the Syros diesel base model that Kia sells. The base model of this car (Kia Syros Diesel Price) costs Rs 11 lakh when it is first shown. Approximately Rs 52 thousand will be needed for insurance and Rs 1.10 lakh for RTO if this car is purchased in Delhi. In addition, a TCS fee of Rs 10999 would be incurred. The Kia Syros Diesel’s on-road price then drops to about Rs 12.73 lakh.

How much EMI is due after a down payment of 2 lakh?

The bank will only finance the car at the ex-showroom price if you purchase the diesel base model. In this case, you will need to obtain approximately Rs 10.73 lakh in bank financing after making a down payment of Rs 2 lakh. You will be required to pay an EMI of Rs 17263 every month for the following seven years if the bank grants you Rs 10.73 lakh for seven years with 9% interest.

How much will the vehicle cost?

You will be required to pay an EMI of Rs 17263 each month for seven years if you take out a car loan of Rs 10.73 lakh from the bank with an interest rate of 9%. In this case, the interest on the Kia Syros diesel will be around Rs 3.77 lakh over seven years. After that, your automobile would cost around Rs 16.50 lakh in total, including ex-showroom, on-road, and interest.

Who competes with

Kia sells the Syros as an SUV that is under four meters. SUVs such as the Renault Kiger, Maruti Breeza, Tata Nexon, Kia Sonet, Hyundai Venue, Nissan Magnite, and Mahindra XUV 3XO are direct competitors of this company’s car.

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