Skoda Kylaq Prestige Manual: How Much EMI After ₹2 Lakh Downpayment? Full Details Inside!
Skoda Kylaq : In this article, we cover the questions you should be asking if you are considering purchasing the Skoda Kylaq Prestige Manual. This SUV is now in the process of being delivered in India by Skoda from January 2025. The real question though is — if you have a ₹2 lakh down payment, how much will the EMI be? Find out all the details below.
Price: Skoda Kylaq Prestige Manual
RD: 1,320,100 | On-Road: RD: 1,200,374.
Skoda Kylaq Prestige Manual India Price (Ex-showroom, Delhi):
₹13.35 lakh The on-road price however moves to ₹15,36,541, which is inclusive of:
- ✅ RTO Charges – ₹1,33,500
- ✅ Insurance – ₹54,691
- ✅ TCS Charges – ₹13,350
👉 Ex-Showroom Price: ₹12,84,990
👉 Total On-road Price: ₹15,36,541
EMI Calculation Post Down Payment of ₹2 Lakh
So if you buy this SUV on finance, banks usually give you a loan based on the ex-showroom price. This means you will have to take a loan of ₹13,36,541 on making a down payment of ₹2 lakh.
- ✅ Interest Rate – 9% p.a.
- ✅ Loan Tenure – 7 years
- ✅ Monthly EMI – ₹21,504
This means you will pay ₹21,504 every month for 7 years.
Total Cost of Ownership
Here is how much you need to pay for a ₹13.36 lakh car loan at 9 per cent interest for a period of 7 years:
- Total Interest Payable: ₹4.69 lakh
- ✅ Overall Expense (On-Road Price + Interest): ₹20.06 lakh
That means the price of the Skoda Kylaq Prestige Manual comes to ₹20.06 lakh on-road.
Skoda Kylaq vs. Its Rivals
This SUV is a part of the compact SUV segment and competes with:
- ✅ Hyundai Venue
- ✅ Kia Sonet
- ✅ Tata Nexon
- ✅ Maruti Brezza
- ✅ Nissan Magnite
- ✅ Renault Kiger
The Skoda Kylaq Prestige Manual could be an ideal option for those who want a classy, feature-rich, and capable SUV.