India’s Most Affordable Car? Renault Kwid Available at Just 9k EMI

Renault Kwid offers affordable mobility with just ₹1 lakh down payment and ₹9,000 monthly EMI. This budget hatchback delivers 21kmpl mileage, 999cc engine, and premium safety features including ABS and dual airbags, making it ideal for cost-conscious Indian buyers.

New Delhi: In the Indian market, often those cars are preferred that are economical as well as give good mileage. The Renault Kwid is one such car, which is making a splash in the market with its affordable price and great features. The most important thing is that even a person with a monthly income of just 30 thousand rupees can easily buy it.

What is the price and down payment?

The ex-showroom price of the base variant (1.0 RXE) of the Renault Kwid is Rs 4.70 lakh, while in cities like Delhi, its on-road price goes up to around Rs 5.24 lakh. If you do not have the full amount, then you can buy it by paying a down payment of just 1 lakh rupees. For the remaining amount, you can take a loan of Rs 4.24 lakh from the bank.

How much will the EMI be?

If you take a loan at a 9% interest rate for 5 years (60 months), then your monthly installment (EMI) will be about Rs 9,000. In this way, in 5 years you will pay a total of 1.25 lakh rupees as interest. That is, the total price of the car will be around 6.49 lakh rupees (down payment + loan + interest).

Power and mileage

The Renault Kwid 1.0 RXE has a 999 cc engine, which produces 67 BHP power and 91 Nm torque. This car comes with a 5-speed manual transmission and gives a great mileage of up to 21 km / liter. Its 28-liter fuel tank is sufficient for long-distance travel.

Features

• Many advanced features have been given in Kwid, such as
• Power Steering and Tachometer
• LED DRLs and Rear Spoiler
• Anti-Lock Braking System (ABS) and Brake Assist
• Dual Airbags and Child Safety Lock
• Traction Control

Who does Kwid compete with?

The Renault Kwid directly competes with cars like the Maruti Suzuki Alto K10 and the Hyundai Santro. But Kwid makes a different identity in the market due to its stylish design, better interior, and more features.

If you want to buy a stylish and feature-packed car on a low budget, then the Renault Kwid is a great option. With an EMI of just Rs 9,000 and a down payment of Rs 1 lakh, this car is perfect for a middle-class family. Also, its low maintenance cost and high mileage make it even more attractive.