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Renault Kwid Car Loan EMI Calculator

Best Renault Kwid Car Loan EMI Calculator With Downpayment - Check out the Cheapest Renault Kwid Car Loan EMI Calculator With Downpayment from all banks with lower inerest rates, Loan for 5 Years, 7 Years and 8 Years plan with minimum eligibility and documentations with Private Banks and Govt Banks. Check out the Interest Rates of Renault Car Loan EMI of All Private and Government Banks HDFC Bank, ICICI Bank, Syndicate Bank, SBI Bank, Kotak Mahindra Bank, Canara Bank, IDBI First Bank, HSBC Bank, Punjab National Bank and many more.

Renault Kwid

The EMI for a Renault Kwid starts at ₹ 12,112 per month for a 60-month term at 9.8 percent for a loan amount of ₹ 5.66 Lakh*. The AutoSpyders EMI Calculator tool provides a full breakdown of the entire due amount and assists you in choosing the best vehicle loan for your Kwid.

Renault Kwid Down Payment and EMI

Renault Kwid VARIANTS
LOAN @ RATE%
DOWN PAYMENT
EMI AMOUNT (60 MONTHS)
EMI AMOUNT (84 MONTHS)
Renault KWID RXE
9.8%
₹ 47,000
₹ 8,908
₹ 6,949
Renault KWID RXL
9.8%
₹ 50,000
₹ 9,526
₹ 7,431
Renault KWID 1.0 RXL
9.8%
₹ 52,000
₹ 9,866
₹ 7,696
Renault KWID RXT
9.8%
₹ 53,000
₹ 10,145
₹ 7,914
Renault KWID 1.0 RXT Opt
9.8%
₹ 56,000
₹ 10,617
₹ 8,282
Renault KWID 1.0 RXL AMT
9.8%
₹ 56,000
₹ 10,691
₹ 8,340
Renault KWID Climber 1.0 MT Opt
9.8%
₹ 58,000
₹ 11,056
₹ 8,625
Renault KWID Climber 1.0 MT DT
9.8%
₹ 59,000
₹ 11,276
₹ 8,797
Renault KWID 1.0 RXT AMT Opt
9.8%
₹ 60,000
₹ 11,441
₹ 8,925
Renault KWID Climber 1.0 AMT Opt
9.8%
₹ 62,000
₹ 11,881
₹ 9,268
Renault KWID Climber 1.0 AMT Opt DT
9.8%
₹ 64,000
₹ 12,112
₹ 9,448

Due to the many auto loan options given by various lenders, it is much easier to acquire your ideal car nowadays. Car loans are available with low interest rates and up to an 8-year payback period. A Car Loan EMI Calculator is available from a variety of banks and third-party websites, and it helps you to calculate the Equated Monthly Instalments (EMIs) that must be paid. AutoSpyder's Car Loan EMI Calculator is simple to use and completely free. To calculate the EMI, basic information such as the payback term, principle amount, and interest rate must be input.

Car Loan EMI Structure of Renault KWID RXE

Model Name

Renault KWID RXE

Price

₹ 4.11 Lakh* (Ex-Showroom)

Loan Amount

₹ 4,21,183

Downpayment

₹ 47,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 73,273
₹ 1,13,267
₹ 1,04,181
₹ 1,62,507
Total Amount Payable
₹ 4,94,456
₹ 5,34,450
₹ 5,25,364
₹ 5,83,690

Monthly EMI

₹ 8,241

₹ 8,908

₹ 6,254

₹ 6,949

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

Car Loan EMI Structure of Renault KWID RXL

Model Name

Renault KWID RXL

Price

₹ 4.41 Lakh* (Ex-Showroom)

Loan Amount

₹ 4,50,436

Downpayment

₹ 50,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 78,362
₹ 1,21,134
₹ 1,11,417
₹ 1,73,794
Total Amount Payable
₹ 5,28,798
₹ 5,71,570
₹ 5,61,853
₹ 6,24,230

Monthly EMI

₹ 8,813

₹ 9,526

₹ 6,689

₹ 7,431

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

Car Loan EMI Structure of Renault KWID 1.0 RXL

Model Name

Renault KWID 1.0 RXL

Price

₹ 4.58 Lakh* (Ex-Showroom)

Loan Amount

₹ 4,66,508

Downpayment

₹ 52,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 81,158
₹ 1,25,456
₹ 1,15,392
₹ 1,79,995
Total Amount Payable
₹ 5,47,666
₹ 5,91,964
₹ 5,81,900
₹ 6,46,503

Monthly EMI

₹ 9,128

₹ 9,866

₹ 6,927

₹ 7,696

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

Car Loan EMI Structure of Renault KWID RXT

Model Name

Renault KWID RXT

Price

₹ 4.71 Lakh* (Ex-Showroom)

Loan Amount

₹ 4,79,686

Downpayment

₹ 53,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 83,450
₹ 1,29,000
₹ 1,18,652
₹ 1,85,079
Total Amount Payable
₹ 5,63,136
₹ 6,08,686
₹ 5,98,338
₹ 6,64,765

Monthly EMI

₹ 9,386

₹ 10,145

₹ 7,123

₹ 7,914

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

Car Loan EMI Structure of Renault KWID 1.0 RXT Opt

Model Name

Renault KWID 1.0 RXT Opt

Price

₹ 4.95 Lakh* (Ex-Showroom)

Loan Amount

₹ 5,01,996

Downpayment

₹ 56,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 87,332
₹ 1,35,000
₹ 1,24,170
₹ 1,93,687
Total Amount Payable
₹ 5,89,328
₹ 6,36,996
₹ 6,26,166
₹ 6,95,683

Monthly EMI

₹ 9,822

₹ 10,617

₹ 7,454

₹ 8,282

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

Car Loan EMI Structure of Renault KWID 1.0 RXL AMT

Model Name

Renault KWID 1.0 RXL AMT

Price

₹ 4.98 Lakh* (Ex-Showroom)

Loan Amount

₹ 5,05,508

Downpayment

₹ 56,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 87,943
₹ 1,35,944
₹ 1,25,039
₹ 1,95,042
Total Amount Payable
₹ 5,93,451
₹ 6,41,452
₹ 6,30,547
₹ 7,00,550

Monthly EMI

₹ 9,891

₹ 10,691

₹ 7,507

₹ 8,340

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

Car Loan EMI Structure of Renault KWID Climber 1.0 MT Opt

Model Name

Renault KWID Climber 1.0 MT Opt

Price

₹ 5.16 Lakh* (Ex-Showroom)

Loan Amount

₹ 5,22,787

Downpayment

₹ 58,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 90,949
₹ 1,40,591
₹ 1,29,313
₹ 2,01,709
Total Amount Payable
₹ 6,13,736
₹ 6,63,378
₹ 6,52,100
₹ 7,24,496

Monthly EMI

₹ 10,229

₹ 11,056

₹ 7,763

₹ 8,625

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

Car Loan EMI Structure of Renault KWID Climber 1.0 MT DT

Model Name

Renault KWID Climber 1.0 MT DT

Price

₹ 5.26 Lakh* (Ex-Showroom)

Loan Amount

₹ 5,33,187

Downpayment

₹ 59,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 92,758
₹ 1,43,388
₹ 1,31,885
₹ 2,05,722
Total Amount Payable
₹ 6,25,945
₹ 6,76,575
₹ 6,65,072
₹ 7,38,909

Monthly EMI

₹ 10,432

₹ 11,276

₹ 7,918

₹ 8,797

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

Car Loan EMI Structure of Renault KWID 1.0 RXT AMT Opt

Model Name

Renault KWID 1.0 RXT AMT Opt

Price

₹ 5.35 Lakh* (Ex-Showroom)

Loan Amount

₹ 5,40,999

Downpayment

₹ 60,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 94,117
₹ 1,45,489
₹ 1,33,818
₹ 2,08,736
Total Amount Payable
₹ 6,35,116
₹ 6,86,488
₹ 6,74,817
₹ 7,49,735

Monthly EMI

₹ 10,585

₹ 11,441

₹ 8,034

₹ 8,925

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

Car Loan EMI Structure of Renault KWID Climber 1.0 AMT Opt

Model Name

Renault KWID Climber 1.0 AMT Opt

Price

₹ 5.56 Lakh* (Ex-Showroom)

Loan Amount

₹ 5,61,789

Downpayment

₹ 62,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 97,734
₹ 1,51,080
₹ 1,38,960
₹ 2,16,757
Total Amount Payable
₹ 6,59,523
₹ 7,12,869
₹ 7,00,749
₹ 7,78,546

Monthly EMI

₹ 10,992

₹ 11,881

₹ 8,342

₹ 9,268

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

Car Loan EMI Structure of Renault KWID Climber 1.0 AMT Opt DT

Model Name

Renault KWID Climber 1.0 AMT Opt DT

Price

₹ 5.66 Lakh* (Ex-Showroom)

Loan Amount

₹ 5,72,689

Downpayment

₹ 64,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 99,630
₹ 1,54,011
₹ 1,41,656
₹ 2,20,963
Total Amount Payable
₹ 6,72,319
₹ 7,26,700
₹ 7,14,345
₹ 7,93,652

Monthly EMI

₹ 11,205

₹ 12,112

₹ 8,504

₹ 9,448

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

About Renault Kwid

In India, the new Renault Kwid has debuted. The car is available in eight different configurations, six different colour schemes, and two different powertrains. The look and interior of the vehicle are updated, but the engine parameters remain identical.

A revised front bumper, split headlight configuration, LED DRLs, new three slat grille, contrast coloured ORVMs, C-shaped LED light guides, and an integrated roof spoiler are among the exterior features of the Renault Kwid facelift. The inside has an eight-inch touchscreen infotainment system with Apple CarPlay, Android Auto, and voice recognition, as well as a piano black centre console, a completely digital LED instrument cluster, and a rear parking camera with guidance.

Dual airbags, ABS with EBD, speed alert system, reverse parking sensors, and seatbelt reminder for the driver and co-driver are included in the facelifted Renault Kwid. A 0.8-litre three-cylinder petrol engine and a 1.0-litre three-cylinder petrol engine are available for the Renault Kwid facelift. A five-speed manual transmission and an AMT unit will be available as options.

Car Loan EMI Table

Loan amount (Rs.)
Interest rate
EMI for 2 years (Rs.)
EMI for 3 years (Rs.)
EMI for 4 years (Rs.)
EMI for 5 years (Rs.)
EMI for 6 years (Rs.)
EMI for 7 years (Rs.)
1 lakh
9.75%
₹ 4,603
₹ 3,215
₹ 2,524
₹ 2,112
₹ 1,840
₹ 1,647
5 lakh
9.75%
₹ 23,015
₹ 16,075
₹ 12,621
₹ 10,562
₹ 9,200
₹ 8,236
10 lakh
9.75%
₹ 46,030
₹ 32,150
₹ 25,243
₹ 21,124
₹ 18,400
₹ 16,472
15 lakh
9.75%
₹ 69,044
₹ 48,225
₹ 37,864
₹ 31,686
₹ 27,600
₹ 24,708
20 lakh
9.75%
₹ 92,059
₹ 64,300
₹ 50,485
₹ 42,248
₹ 36,800
₹ 32,945
25 lakh
9.75%
₹ 1,15,074
₹ 80,375
₹ 63,107
₹ 52,811
₹ 46,000
₹ 41,181
30 lakh
9.75%
₹ 1,38,089
₹ 96,450
₹ 75,728
₹ 63,373
₹ 55,200
₹ 49,417
35 lakh
9.75%
₹ 1,61,104
₹ 1,12,525
₹ 88,349
₹ 73,935
₹ 64,400
₹ 57,653
Car Loan EMI Calculator

The Benefits of Using an EMI Calculator for a Car Loan

  • The Following is a breakdown of the due amount: The EMI calculator for a car loan allows you to determine the processing costs, interest paid, total amount due, and principle amount.
  • Your Budget Can Be Planned: Once you know how much EMI you'll have to pay, you can make a budget. If the loan amount is substantial, you may want to consider a longer repayment period. The vehicle loan EMI calculator can help you figure out these data.
  • Accuracy: The answers presented on the calculator are correct based on the information entered on the calculator. The results of manual computations may not be correct.
  • Saves Time: The main goal of the EMI calculator for a car loan is to save time. The results are presented relatively soon when the appropriate details are submitted.
  • No Limit: There is no limit to how many times you may use the calculator. As a result, you utilise the calculator to experiment with various options. This might assist you in determining the best lender and the required down payment.
  • Compare: You can compare the EMIs for different numbers because the calculator has no restriction on how many times it can be used.

New Car Loan Interest Rates Comparison Offered by Top Lenders

Name of the Lender Interest Rate (p.a.) Loan Amount Processing Fee
Union Bank of India 7.40% onwards Up to ₹ 125 lakh 0.25% to 0.50% of the loan amount
IDBI Bank 7.35% onwards (floating) Up to ₹ 25 lakh -
Axis Bank 7.45% onwards ₹ 1 lakh onwards ₹ 3,500 to ₹ 5,500
State Bank of India 7.20% onwards Up to 48 times of monthly income Nil (Until 31 January 2022)
Jammu And Kashmir Bank

RLLR + 0.75% onwards (floating)

RLLR + 1.50% onwards (fixed)

₹ 50 lakh 0.5% of loan amount Min: ₹ 1,500
Canara Bank Car Loan 7.30% onwards Up to 90% of the car's value 0.25% of loan amount Min: ₹ 1,000 Max: ₹ 5,000
Federal Bank Car Loan 8.50% onwards Up to 100% of the car's ex-showroom price ₹ 1,500 to ₹ 2,500
Bank of Baroda 7.00% onwards ₹ 1,500 (plus GST) 0.5% of loan amount Max: ₹ 10,000
Bank of India Car Loan 7.35% onwards ₹ 200 lakh 0.25% of loan amount

Car Loan Eligibility

Do you have questions regarding your auto loan eligibility and what you can do to improve your chances of being approved? BankBazaar provides you with all of the information you need about vehicle loan eligibility from the most reputable institutions. Get a trustworthy guide to selecting the best auto loan for you so you can make the best decision and apply for the best car loan right now. Your eligibility for a vehicle loan may differ depending on the lender, however many will look for the following criteria:

Particulars Details
Minimum Age of the Applicant 18 years
Maximum Age of the Applicant 60 years for salaried applicants and 65 years for self-employed applicants
Minimum Annual Income ₹ 3 lakh
Car Model Any approved car model
Type of Employment Salaried or self-employed
Country or Place of Residence India (rural/semi-urban/urban areas)
Duration of Stay in Current Residence A minimum of 1 year

How is EMI determined

The EMI for any type of loan is essentially calculated using a formula. The formula is as follows:

E = P x R x (1+R)^n / {(1+R)^n – 1}

where ‘E’ stands for the EMI you owe,

‘P’ stands for the principal amount,

‘R’ stands for the interest rate applicable to your car loan,

and ‘n’ stands for the tenure of the car loan (in months).

Disclaimer: The EMI Calculator's computation is based on the information you gave and is only intended to be used as a guide. The figures in this computation are in Indian Rupees and have been rounded to the nearest whole number. Monthly payments are estimated and do not include any processing or other fees that may apply depending on the financial institution / banks. All loan amounts are based on non-commercial use and are contingent on credit clearance from a third-party lender. Depending on the kind and use of the car, regional lender restrictions, and the quality of your credit, the actual down payment and resultant monthly payments may vary. For a precise monthly payment, check with your dealer.

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