Understand the Gold Calculation Formula with Free Calculator Tool
Introduction
Are you thinking to buy the stylish and budget-friendly Nissan Magnite?, then the one of the most important steps before making your purchase is understanding the monthly cost of financing. That is where our Nissan Magnite EMI Calculator comes in!.
Use our free tool to get instant estimates of your monthly EMI (Equated Monthly Installment) based on your loan amount, interest rate, and tenure.
Nissan Magnite EMI Calculator
Results
What is the Nissan Magnite EMI Calculator?
The Nissan Magnite EMI Calculator is a simple, easy-to-use online calculator which will helps you to calculate your monthly car loan emi installment amount. It will be much helpful if you are planning to finance your Nissan Magnite purchase.
Key Benefits
- Instant monthly payment estimates
- Customizable values (loan amount, interest, tenure)
- No registration required
- Completely free
How to Use the Nissan Magnite EMI Calculator
Follow these simple steps to calculate your EMI:
- Enter Loan Amount – For example, Enter the loan amount as Rs.6,00,000
- Select Interest Rate – Enter your bank’s rate (e.g., 9.5%)
- Choose Loan Tenure – Choose the loan duration (e.g., typically 1 to 7 years )
- Click Calculate – Get your monthly EMI instantly!
💡 Example: If you are going to borrow a loan of Rs.6,00,000 at 9.5% for 5 years, your monthly EMI would be approximately ₹12,653.
Nissan Magnite On-Road Price (2025 Updated)
Here’s a quick look at the approximate on-road prices for different Nissan Magnite variants in major Indian cities:
| Variant | Ex-Showroom Price | On-Road Price (Approx.) |
|---|---|---|
| XE Petrol Manual | ₹6.00 Lakh | ₹6.85 Lakh |
| XL Turbo CVT | ₹8.60 Lakh | ₹9.70 Lakh |
| XV Premium Turbo | ₹9.99 Lakh | ₹11.20 Lakh |
EMI Breakdown for Popular Variants
Here are the estimated EMIs for the top-selling Nissan Magnite variants
(Loan: 90% of on-road price, Tenure: 5 years, Interest: 9.5%):
| Variant | Monthly EMI (Approx.) |
|---|---|
| XE Manual | ₹11,500 |
| XL Turbo CVT | ₹16,300 |
| XV Premium Turbo | ₹18,800 |
Frequently Asked Questions (FAQs)
Q1: Can I adjust the EMI based on down payment?
Yes! You can simply deduct your down payment from the loan amount entered in the calculator.
Q2: Does the calculator show total interest paid?
Absolutely. It will display both the monthly EMI and the total interest.
Q3: Is the EMI fixed for all banks?
No. Interest rates vary by lender. Use average values or your preferred bank’s rate.
