Maruti Suzuki continues to dominate the Indian affordable car segment, and the Maruti Celerio hatchback has long been a reliable choice. Its CNG variant stands out as an exceptionally popular option, favored by customers for its outstanding fuel economy and economical operation. If you’re considering the Celerio CNG and are calculating your potential monthly budget, understanding the Equated Monthly Installment (EMI) after a down payment is key.
Price and Loan Estimation
The Maruti Celerio CNG’s ex-showroom price in Delhi is approximately ₹6.74 lakh, though the final on-road price will differ based on local taxes and charges. Assuming you opt for a down payment of ₹1 lakh, you would typically need a car loan in the range of ₹5.74 lakh to ₹6 lakh, depending on the final, all-inclusive cost of the vehicle.
Celerio CNG EMI Calculation for a 5-Year Term
To help you budget, here is an estimated EMI calculation based on common financing terms. We’ll use a loan amount of ₹5,75,000, a standard loan tenure of 5 years (60 months), and an average annual interest rate of 10.5%. Based on these figures, your estimated monthly EMI would fall between ₹12,300 and ₹12,800. Remember that the final EMI can vary slightly based on the specific lending institution, the interest rate offered, and the precise loan amount sanctioned.
Key Reasons Behind the Celerio CNG’s Popularity
The widespread appeal of the Maruti Celerio CNG is easily understood. It delivers an excellent mileage of over 30 km/kg, making it incredibly light on the wallet for daily commuting. The vehicle also benefits from low maintenance costs, the intrinsic economical nature of CNG fuel, and a comfortable driving experience coupled with better interior space. Furthermore, Maruti’s extensive and reliable service network across India adds a crucial layer of trust and convenience for owners, cementing the Celerio CNG’s status as a top choice for value-conscious buyers.