What is the minimum down payment required to buy the top variant of the Hyundai Venue

If you're planning to buy Hyundai's popular SUV, the Hyundai Venue, today we'll tell you about EMI calculations and minimum down payment. Let's find out the details.

Hyundai Venue Minimum Down Payment

If you're planning to buy the Hyundai Venue in the coming days and are considering purchasing this SUV on EMI, then this news will be very important for you. Today, we'll tell you about the EMI calculation and minimum down payment for the Hyundai Venue. Let's find out the details.

Hyundai Venue Price

First, let's discuss the Hyundai Venue's pricing. The Hyundai Venue starts at ₹7.99 lakh (ex-showroom). The top-spec variant of the Hyundai Venue is priced at ₹15.82 lakh (ex-showroom). If you purchase the top-spec variant in Delhi, you'll need to pay ₹2.13 lakh (registration fee) and ₹72,000 (insurance fee). Including all other charges, the top-spec variant of the Hyundai Venue will cost you ₹18.84 lakh (on-road).

Hyundai Venue Minimum Down Payment

If you are buying the top variant of Hyundai Venue, then you will have to make a down payment of at least Rs 5 lakh, after which you will have to finance Rs 13.84 lakh from the bank.

Hyundai Venue Monthly EMI

If you receive a loan of ₹13.84 lakh from a bank for an 8-year term at an interest rate of 9%, you'll pay ₹20,276 per month as EMI. Paying ₹20,276 per month as EMI for the entire 8-year period will result in a total payment of ₹19,46,485 to the bank, which includes only ₹5,62,485 in interest. Consequently, the Hyundai Venue will cost you ₹5,62,485 in EMIs.

Hyundai Venue Engine

Transmission options on the Hyundai Venue include manual, automatic, and DCT (dual-clutch). It also offers three engine options, as follows.

A: 1.2L Kappa MPi Petrol

B: 1.0L Turbo GDi Petrol

C: 1.5L U2 CRDi Diesel