Kia Sonet EMI Calculator
₹ 7.30 Lakh - 14.09 Lakh*
Kia Sonet EMI Calculator
Kia Sonet EMI starts at ₹ 14,662 per month for a tenure of 60 months @ 9.8% for a loan amount of ₹ 6.93 Lakh. Use our Car Loan EMI Calculator to estimate monthly installments and compare loan rates across different variants.
Kia Sonet Down Payment and EMI
| Variants | Rate% | Down Payment | EMI |
|---|---|---|---|
G1.2 5MT HTE P ROI: 9.8% | 9.8 | 73,014 | ₹13,897 |
G1.2 5MT HTE (O) ROI: 9.8% | 9.8 | 77,030 | ₹14,662 |
G1.2 5MT HTK P ROI: 9.8% | 9.8 | 84,095 | ₹16,007 |
G1.2 5MT HTK (O) ROI: 9.8% | 9.8 | 87,372 | ₹16,630 |
G1.0T iMT HTK P ROI: 9.8% | 9.8 | 87,918 | ₹16,734 |
D1.5 HTE (O) MT ROI: 9.8% | 9.8 | 89,841 | ₹17,100 |
G1.2 5MT HTK Plus P ROI: 9.8% | 9.8 | 91,013 | ₹17,323 |
G1.0 T HTK (O) Turbo iMT P ROI: 9.8% | 9.8 | 91,013 | ₹17,323 |
G1.0T iMT HTK Plus P ROI: 9.8% | 9.8 | 94,653 | ₹18,016 |
G1.2 HTK Plus (O) P ROI: 9.8% | 9.8 | 95,927 | ₹18,259 |
*Price may vary by city and variant
Customize Kia Sonet G1.2 5MT HTE (O) Car Loan EMI
₹ 15,190.63
EMI for 60 Months
(5 Years 0 Months)
Principal Amount
₹ 7,31,784.05
Total Interest Payable
₹ 1,79,653.95
Total Amount Payable
₹ 9,11,438.00
Frequently Asked Questions — Car Loan EMI
How is car loan EMI calculated monthly?+
EMI (Equated Monthly Installment) = Principal + Interest on Principal. The formula is: EMI = [P × R × (1+R)^N] / [(1+R)^N − 1], where P = Principal loan amount, R = Monthly interest rate (Annual rate ÷ 12 ÷ 100), N = Loan tenure in months.
What is the minimum down payment for a car loan?+
Lenders generally finance up to 90% of the On-Road Price of the car. Some customers may be eligible for 100% funding. The minimum down payment is typically the difference between On-Road Price and the amount financed, which includes RTO and insurance charges.
What is the tenure for which I can get a car loan?+
Most lenders offer car loans for tenures ranging from 1 year to 5 years. Some lenders like HDFC Bank, Axis Bank, and ICICI Bank offer car loans with tenure up to 7 years. Longer tenure means lower EMIs but higher total interest paid.
What will be the rate of interest on a car loan?+
Car loan interest rates generally range from 8.75% to 11.50% per annum depending on the lender, your credit score, loan amount, and tenure. A CIBIL score of 750+ typically qualifies you for the best rates.
What documents are required to apply for a car loan?+
You need: KYC documents (identity + address proof), PAN Card copy, last 6 months' bank statement, and income proofs such as Form 16, Salary Slips, or ITR. Exact requirements may vary by lender.
What happens if I pay a bigger EMI amount than required?+
Paying more than your EMI reduces the principal outstanding faster. This is called part-prepayment. It reduces your future EMIs or loan tenure. Banks typically accept up to 25% of the outstanding principal as prepayment per year, and may charge a prepayment fee of 3–5%.
What should I do after paying the last car loan EMI?+
After your last EMI: (1) Collect the final payment receipt from the bank. (2) Receive your No Objection Certificate (NOC). (3) Get a full loan repayment statement. (4) Complete hypothecation removal from your RC at the RTO to transfer full ownership to yourself.
Why is my CIBIL score important for a car loan?+
Your CIBIL score shows lenders your creditworthiness. A score of 750 or above gives you access to lower interest rates and faster approvals. A low score may result in rejection or a higher interest rate.
What is the maximum loan tenure for a car loan?+
Most lenders offer car loans up to 5 years. Select banks like HDFC Bank, ICICI Bank, and Axis Bank offer extended tenure up to 7 years. A longer tenure lowers monthly EMIs but increases total interest paid over the loan period.
How can I reduce my car loan EMI?+
You can reduce your EMI by: (1) Making a larger down payment to reduce the principal. (2) Negotiating a lower interest rate with a good CIBIL score. (3) Opting for a longer tenure. Use our EMI calculator above to instantly see how each factor affects your monthly payment.
