Maruti Alto K10: India’s Cheapest Car
Introduction
Maruti Alto K10 is a budget-friendly car that comes with impressive features. Maruti is known for its affordable cars, and Alto K10 is the cheapest car available in India. The starting price of the car is INR 3.99 lakh. The car is available in CNG as well, and the Tour H1 CNG version costs INR 5,70,500. The car is ideal for those who want to buy a new car but have a limited budget.
EMI Scheme Details
Maruti Alto K10 is available under an EMI scheme as well. Customers can buy the car at a 20% discount on the ex-showroom price and can choose to pay the EMI for up to seven years. The EMI amount varies depending on the loan tenure. The longer the loan tenure, the lower the EMI amount and higher the interest rate. Customers need to pay an 8.5% interest rate on the loan.
Loan and Expenses
Customers need to pay 20% of the ex-showroom price upfront, which is INR 1,14,100 for the Tour H1 CNG version. The remaining 80% can be taken as a loan from any bank. However, customers need to pay for additional expenses like insurance, RTO, and others separately. The table shows the EMI amount for different loan tenures.
Features
Maruti Alto K10 comes with a 7-inch floating touchscreen infotainment system, Apple CarPlay, Android Auto, USB, AUX cable, and Bluetooth. The car is perfect for small families and daily use. Overall, the car is a great choice for those who want to buy a budget-friendly car with good features.