Nissan Magnite EMI is $12,164 per month, with a five-year term and an interest rate of 8%. One-time payment: ₹1.38,000,000. The pricing of a Nissan Magnite ranges from ₹ 7.38 Lakh to ₹ 13.22 Lakh. You may get a thorough breakdown of Nissan Magnite EMI and other expenses with the use of the Nissan Magnite EMI Calculator.
Nissan Magnite EMI
The Nissan Magnite EMI Car Loan’s interest rate, duration, and down payment are 8%, ₹1,37,721, and five years, respectively.
Nissan Magnite Variants | Loan @10.5% | Down Payment | EMI (60 months) |
XE | Rs. 5,39,910 | Rs. 1,67,571 | Rs. 11,605 |
XE AMT | Rs. 5,84,100 | Rs. 1,57,820 | Rs. 12,555 |
XL | Rs. 6,33,600 | Rs. 2,09,512 | Rs. 13,619 |
Geza Edition | Rs. 6,65,100 | Rs. 2,17,562 | Rs. 14,296 |
XL AMT | Rs. 6,69,600 | Rs. 1,79,137 | Rs. 14,392 |
XV | Rs. 7,02,900 | Rs. 2,27,222 | Rs. 15,108 |
XV DT | Rs. 7,17,300 | Rs. 1,91,031 | Rs. 15,418 |
XV Red Edition | Rs. 7,25,400 | Rs. 2,32,973 | Rs. 15,592 |
XV AMT | Rs. 7,38,900 | Rs. 1,96,416 | Rs. 15,882 |
Kuro MT | Rs. 7,44,300 | Rs. 2,37,803 | Rs. 15,998 |
XV AMT DT | Rs. 7,53,300 | Rs. 2,00,006 | Rs. 16,191 |
XV Premium | Rs. 7,73,100 | Rs. 2,45,162 | Rs. 16,617 |
Kuro AMT | Rs. 7,80,300 | Rs. 2,06,738 | Rs. 16,772 |
XV Premium DT | Rs. 7,87,500 | Rs. 2,08,533 | Rs. 16,926 |
XV Premium AMT | Rs. 8,00,550 | Rs. 2,11,787 | Rs. 17,207 |
XV Premium AMT DT | Rs. 8,14,950 | Rs. 2,15,377 | Rs. 17,516 |
Turbo XV | Rs. 8,27,100 | Rs. 2,58,864 | Rs. 17,778 |
Turbo XV DT | Rs. 8,41,500 | Rs. 2,21,997 | Rs. 18,087 |
Turbo XV Red Edition | Rs. 8,49,600 | Rs. 2,24,017 | Rs. 18,261 |
Kuro Turbo | Rs. 8,68,500 | Rs. 2,69,443 | Rs. 18,667 |
Turbo XV Premium | Rs. 8,74,800 | Rs. 2,71,053 | Rs. 18,803 |
Turbo XV Premium DT | Rs. 8,89,200 | Rs. 2,33,890 | Rs. 19,112 |
Turbo XV Premium Opt | Rs. 8,92,800 | Rs. 2,75,654 | Rs. 19,190 |
Turbo CVT XV | Rs. 8,99,910 | Rs. 2,78,092 | Rs. 19,343 |
Turbo XV Premium Opt DT | Rs. 9,07,200 | Rs. 3,20,453 | Rs. 19,499 |
Turbo CVT XV DT | Rs. 9,14,310 | Rs. 3,23,209 | Rs. 19,652 |
Turbo CVT XV Red Edition | Rs. 9,22,410 | Rs. 3,25,638 | Rs. 19,826 |
Kuro Turbo CVT | Rs. 9,41,310 | Rs. 3,31,308 | Rs. 20,232 |
Turbo CVT XV Premium | Rs. 9,59,400 | Rs. 3,36,736 | Rs. 20,621 |
Turbo CVT XV Premium DT | Rs. 9,73,800 | Rs. 2,99,064 | Rs. 20,931 |
Turbo CVT XV Premium Opt | Rs. 9,77,400 | Rs. 3,42,136 | Rs. 21,008 |
Turbo CVT XV Premium Opt DT | Rs. 9,91,800 | Rs. 3,04,352 | Rs. 21,318 |
Nissan Magnite Key Specifications
Price | ₹ 6.00 – 10.86 Lakh |
Fuel Type | Petrol |
Transmission | Manual, Automatic (AMT), Automatic (CVT) |
Engine Size | 999 cc |
Mileage | 17.4 – 20 km/l |
Safety Rating | 4 Star (ASEAN NCAP) |
Ground Clearance (mm) | 205 mm |
Avg. Waiting Period | 0 – 5 Weeks |
Warranty | 2 Years or 40000 km |
Seating Capacity | 5 People |
Size | 3994 mm L X 1758 mm W X 1572 mm H |
Fuel Tank | 40 litre |
Nissan Magnite Loan Repayment Schedule
Without the Nissan Magnite EMI Calculator, This table makes it easier for you to comprehend how much you will still owe after each loan year. In this manner, without the Nissan Magnite EMI Calculator, you can calculate how much you’ll need in case you want to pay off your debt early.
Months | Principal Paid | Interest Paid | Balance Loan |
12 | ₹ 1,01,655 | ₹ 44,313 | ₹ 4,98,245 |
24 | ₹ 1,10,094 | ₹ 35,874 | ₹ 3,88,151 |
36 | ₹ 1,19,232 | ₹ 26,736 | ₹ 2,68,919 |
48 | ₹ 1,29,128 | ₹ 16,840 | ₹ 1,39,791 |
60 | ₹ 1,39,791 | ₹ 6,124 | ₹ 0 |
Nissan Magnite FAQ’s
Q. What are the features of the Nissan Magnite?
Ans. The Nissan Magnite has two airbags, an ABS (anti-lock braking system), an electronic brake force distribution system, and an automatic-dimming rearview mirror as standard safety features.
The Nissan Magnite has a 3.5″ LCD instrument console, power steering, power windows, adjustable headrests, adjustable steering, a multifunction display, an LED cluster with a digital odometer, a rear armrest, a digital speedometer, a digital tachometer, a digital fuel level gauge for added comfort.
Q. What is the price of the Nissan Magnite?
Ans. The Nissan Magnite’s ex-showroom pricing in New Delhi ranges from INR 5.99 to 10.94 lakh.
This is how much a Nissan Magnite costs in Mumbai: ₹ 7,37,621. With a 5-year loan available at an 8% interest rate and a down payment of ₹ 1,37,721, your monthly installment will be ₹ 12,164.
Q. What is the price Nissan Magnite EMI ?
Ans. 12,164 ₹.
Q. What is the minimum down payment needed to buy a Nissan Magnite with a loan?
Ans. In Mumbai, the Nissan Magnite EMI XE model is the least expensive, costing ₹ 7,37,621. A down payment of ₹ 1,37,721 is required to purchase this model.
Note: The amount you would spend in cash when purchasing a car is known as a down payment. You get a loan from the bank to cover the outstanding balance.
Q. How many years I should take a car loan?
Ans. It’s excellent practice to choose the shortest term for which you can afford to pay an EMI.
If you opt for a lengthier loan duration, like seven years, your monthly payment for Magnite XE will be ₹ 11,497; but, you will incur interest of ₹ 3,65,848 over that period. You would pay less interest over the three years—that is, ₹ 2,32,204—if you chose a loan with a shorter period, say three years. However, your EMI will be higher at ₹ 23,114.
Q. Can I purchase a Nissan Magnite through CSD?
Ans. You must be qualified for CSD benefits to receive them. If you or a family member is currently employed by the Indian government as a wage worker in the Indian Army, Navy, Air Force, or Defense, you are eligible for the CSD canteen.
To find out the CSD for the Nissan Magnite, it is advised that you get in touch with the nearest Nissan shop. You will receive a CSD price list from a dealership representative that takes into account any changes and the city.
Q. What is the waiting period for the Nissan Magnite?
Ans. Nissan Magnite requires a 0–5 week waiting period in India. The length of the wait may differ based on the city and the model that you have reserved. The length of the Nissan Magnite waiting period varies depending on the major Indian cities.
Please contact the Nissan store that is closest to you to find out the precise waiting period in your city. You can get assistance regarding the precise waiting time for the Nissan Magnite from a dealership representative. Another possibility is that they may have Nissan Magnite in stock and be able to provide it to you right away.