The Toyota Innova Crysta is a highly regarded multi-purpose vehicle (MPV) in the Indian market, known for its impressive safety features, spacious interior, and fuel efficiency. With a growing interest among potential buyers, it’s essential to understand the financial aspects, including the monthly EMI and down payment for financing this popular vehicle.
The ex-showroom price of the base variant of the Toyota Innova Crysta starts at approximately Rs 19.99 lakh. If you plan to purchase this vehicle in Delhi and NCR, the on-road price could reach around Rs 24 lakh, accounting for various additional costs. To finance this purchase, a down payment of Rs 4 lakh is advisable, leading to a loan amount of approximately Rs 20.62 lakh from the bank.
When considering a loan tenure of 5 years with an interest rate of 9.8%, your monthly EMI would be Rs 42,124. It is important to note that the interest rate may vary depending on your credit score, which can significantly impact your monthly payment obligations. Therefore, if you are contemplating purchasing a Toyota Innova Crysta, it is advisable to have a monthly salary exceeding Rs 1 lakh to comfortably manage the EMI.