What is the interest rate for Kia Carens car?

Ask your questions through Vicky.in FAQs page. Find out the answers for all questions of Kia Carens Cars. Clarify all doubts for all Cars through FAQs page. Ask question not only for Cars but also regarding the website and get all the details.

Q : What is the interest rate for Kia Carens car?

Kia Carens EMI

Ex-showroom Price of Kia Carens : ₹ 14,99,000
Loan Amount : ₹ 12,74,150
Down Payment : ₹ 2,24,850

Document Charges : Rs.250
Processing Fee : ₹ 6,371
MonthsEMIChart
12₹ 1,10,696View Chart
24₹ 57,882View Chart
36₹ 40,327View Chart
48₹ 31,586View Chart
60₹ 26,371View Chart
72₹ 22,918View Chart
84₹ 20,473View Chart
A : The interest rate for Kia Carens is Kia Carens Interest Rate

The term Interest Rate means the amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets. Interest rates are typically noted on an annual basis, known as the annual percentage rate (APR). The assets borrowed could include, cash, consumer goods, large assets, such as a vehicle or building. Interest is essentially a rental, or leasing charge to the borrower, for the asset's use. In the case of a large asset, like a vehicle or building, the interest rate is sometimes known as the "lease rate". When the borrower is a low-risk party, they will usually be charged a low interest rate; if the borrower is considered high risk, the interest rate that they are charged will be higher. Interest is charged by lenders as compensation for the loss of the asset's use. In the case of lending money, the lender could have invested the funds instead of lending them out. With lending a large asset, the lender may have been able to generate income from the asset should they have decided to use it themselves.

Other Kia Carens Faqs

Related Tags:

Kia Carens faqs, questions and answers for Kia Carens car, Kia Carens questions, Kia Carens answers, Kia Carens car

Share Your Comments About Kia Carens Faqs Answer with your Friends