Nissan Magnite EMI Calculator

Updated on October 2026

Nissan Magnite EMI starts at ₹10,652 per month for the Visia petrol (₹5.68 Lakh ex-showroom, ₹6.43 Lakh on-road Delhi), on a ₹4.96 Lakh loan at 10.5% for 60 months. Down payment: ₹1.48 Lakh. Total interest: ₹1.44 Lakh. The top Tekna Plus Turbo CVT costs ₹20,686/month.

Also see: Magnite On-road price | Magnite Variants | Magnite Mileage

Nissan Magnite Visia EMI & Down Payment

Ex-showroom

: Rs. 5,68,000

On-road price

: Rs. 6,43,125 (Delhi)

Loan amount

: Rs. 4,95,562 (On-road - Down payment)

Down payment

: Rs. 1,47,563 (On-road - Loan amount)

Monthly EMI

: Rs. 10,652 (For Tenure of 60 months @ 10.5%; banks start from 8.7%)

Insurance

: Rs. 27,805

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Nissan Magnite Car Loan EMI Calculator

On-road price (Delhi): Rs. 6,43,125
Down payment: Rs. 1,47,563
Loan amount: Rs. 4,95,562
Interest rate: 10.5%
Tenure: 60 months
Monthly EMI: Rs. 10,652
Total interest: Rs. 1,43,558
Total payable: Rs. 6,39,120

EMI in advance: You pay one EMI instalment in advance to the bank. This amount is deducted from the loan amount disbursed to the dealer. Thus it gets added to the down payment that you are to make.
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EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan amount minus any other one time fees. ..Read More ..Read Less

Nissan Magnite Car Loan Interest Rates – Bank Comparison

Lending Partners	Interest Rate	EMI Starting From (60 Months)
HDFC Bank	8.85% onwards	Rs. 10,251 (60 months)
ICICI Bank	9% onwards	Rs. 10,287 (60 months)
Axis Bank	9.15% onwards	Rs. 10,323 (60 months)
Bank of Baroda	8.7% onwards	Rs. 10,215 (60 months)

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Nissan Magnite EMI by Loan Tenure

For a Rs. 4,95,562 loan on the Visia petrol at 10.5%.

Tenure	EMI	Total Interest	Total Payable
36 months	Rs. 16,107	Rs. 84,290	Rs. 5,79,852
48 months	Rs. 12,688	Rs. 1,13,462	Rs. 6,09,024
60 months	Rs. 10,652	Rs. 1,43,558	Rs. 6,39,120
84 months	Rs. 8,356	Rs. 2,06,342	Rs. 7,01,904

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Nissan Magnite

4.4 24 user reviews

Starts at ₹ 5.68 Lakh

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Nissan Magnite Variant-wise EMI & Down Payment

Magnite Variants	Fuel/Transmission	Ex-showroom	Loan @10.5%	Down Payment	EMI (60 months)
Visia	Petrol / Manual	Rs. 5,68,000	Rs. 4,95,562	Rs. 1,47,563	Rs. 10,652
Visia Plus	Petrol / Manual	Rs. 6,22,000	Rs. 5,43,118	Rs. 1,77,620	Rs. 11,674
Visia AMT	Petrol / Automatic	Rs. 6,27,000	Rs. 5,47,521	Rs. 1,77,942	Rs. 11,768
Visia CNG	CNG / Manual	Rs. 6,42,999	Rs. 5,61,610	Rs. 1,78,433	Rs. 12,071
Acenta	Petrol / Manual	Rs. 6,83,000	Rs. 5,96,838	Rs. 1,91,508	Rs. 12,828
Visia Plus CNG	CNG / Manual	Rs. 6,96,999	Rs. 6,09,166	Rs. 1,91,950	Rs. 13,093
Acenta AMT	Petrol / Automatic	Rs. 7,38,000	Rs. 6,45,274	Rs. 2,03,550	Rs. 13,869
N Connecta	Petrol / Manual	Rs. 7,46,000	Rs. 6,52,319	Rs. 2,05,446	Rs. 14,021
Acenta CNG	CNG / Manual	Rs. 7,57,999	Rs. 6,62,886	Rs. 2,07,238	Rs. 14,248
KURO Edition	Petrol / Manual	Rs. 7,81,000	Rs. 6,83,142	Rs. 2,15,100	Rs. 14,683
N Connecta AMT	Petrol / Automatic	Rs. 8,01,000	Rs. 7,00,755	Rs. 2,17,588	Rs. 15,062
N Connecta CNG	CNG / Manual	Rs. 8,20,999	Rs. 7,18,367	Rs. 2,22,976	Rs. 15,441
KURO Edition AMT	Petrol / Automatic	Rs. 8,36,000	Rs. 7,31,578	Rs. 2,28,642	Rs. 15,724
Tekna	Petrol / Manual	Rs. 8,39,000	Rs. 7,34,220	Rs. 2,28,315	Rs. 15,781
Tekna Plus	Petrol / Manual	Rs. 8,72,000	Rs. 7,63,282	Rs. 2,35,720	Rs. 16,406
N Connecta Turbo	Petrol / Manual	Rs. 8,77,000	Rs. 7,67,685	Rs. 2,36,742	Rs. 16,501
Tekna AMT	Petrol / Automatic	Rs. 8,94,000	Rs. 7,82,656	Rs. 2,41,057	Rs. 16,822
KURO Edition Turbo	Petrol / Manual	Rs. 9,12,000	Rs. 7,98,508	Rs. 2,45,796	Rs. 17,163
Tekna CNG	CNG / Manual	Rs. 9,13,999	Rs. 8,00,268	Rs. 2,46,245	Rs. 17,201
Acenta Turbo CVT	Petrol / Automatic	Rs. 9,26,000	Rs. 8,10,837	Rs. 2,47,437	Rs. 17,428
Tekna Plus AMT	Petrol / Automatic	Rs. 9,27,000	Rs. 8,11,718	Rs. 2,48,362	Rs. 17,447
Tekna Plus CNG	CNG / Manual	Rs. 9,46,999	Rs. 8,29,330	Rs. 2,54,550	Rs. 17,826
Tekna Turbo	Petrol / Manual	Rs. 9,57,000	Rs. 8,38,137	Rs. 2,54,894	Rs. 18,015
N Connecta Turbo CVT	Petrol / Automatic	Rs. 9,70,000	Rs. 8,49,586	Rs. 2,57,311	Rs. 18,261
Tekna Plus Turbo	Petrol / Manual	Rs. 9,91,000	Rs. 8,68,080	Rs. 2,64,323	Rs. 18,658
KURO Edition Turbo CVT	Petrol / Automatic	Rs. 9,99,400	Rs. 8,75,477	Rs. 2,64,208	Rs. 18,817
Tekna Turbo CVT	Petrol / Automatic	Rs. 10,65,000	Rs. 9,32,448	Rs. 3,23,729	Rs. 20,042
Tekna Plus Turbo CVT	Petrol / Automatic	Rs. 10,99,000	Rs. 9,62,390	Rs. 3,32,619	Rs. 20,686

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EMI of Nissan Magnite Rivals – Punch, Kiger, Nexon

Tata Punch
Rs. 5.75 Lakh
Punch EMI Compare with Magnite
Renault Kiger
Rs. 5.81 Lakh
Kiger EMI Compare with Magnite
Tata Nexon
Rs. 7.40 Lakh
Nexon EMI Compare with Magnite
Maruti Suzuki Brezza
Rs. 7.50 Lakh
Brezza EMI Compare with Magnite
Nissan Tekton
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Tekton EMI Compare with Magnite

Nissan Magnite EMI – Frequently Asked Questions

What is the starting EMI of the Nissan Magnite?

The Nissan Magnite EMI starts at ₹10,652 per month for the Visia petrol on a ₹4.96 Lakh loan at 10.5% for 60 months. Its on-road price in Delhi is ₹6.43 Lakh.

What is the minimum down payment for the Nissan Magnite?

About ₹1.48 Lakh for the Visia petrol in Delhi: the on-road price of ₹6.43 Lakh minus a ₹4.96 Lakh loan.

How much total interest will I pay on a Nissan Magnite loan?

On a ₹4.96 Lakh loan at 10.5% for 60 months you pay ₹1.44 Lakh in interest, or ₹6.39 Lakh in total.

What is the Nissan Magnite EMI for a 3-year versus a 7-year tenure?

For a ₹4.96 Lakh loan at 10.5%, the EMI is ₹16,107 per month over 3 years (₹84,290 interest) and ₹8,356 per month over 7 years (₹2.06 Lakh interest).

Which bank has the lowest interest rate for a Nissan Magnite loan?

Of the banks listed on this page, Bank of Baroda starts lowest at 8.7%, which makes the EMI ₹10,215 per month on a ₹4.96 Lakh loan for 60 months.

What is the EMI of the top Nissan Magnite variant?

The Tekna Plus Turbo CVT costs ₹20,686 per month on a ₹9.62 Lakh loan at 10.5% for 60 months.

How is the Nissan Magnite down payment calculated?

Down payment is the on-road price minus the loan amount. ZigWheels finances 90% of the ex-showroom price, less the processing fee and one EMI paid in advance, so the down payment covers the rest of the ex-showroom price plus insurance, registration and other on-road charges.

Ask or read owner questions on Nissan Magnite Q&A

Nissan Magnite

4.4 24 user reviews

Starts at Rs. 5.68 Lakh

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Nissan Magnite 2026 Brochure

Download brochure for detailed information of specifications, features & variants prices

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