Renault Kiger Car Loan

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Renault Kiger Car Loan

Renault Kiger Car Loan – Features & Benefits

Interest Rate Renault Kiger Car Loan 8.50% – 10.5 % Per Annum
Loan Amount Upto 100% of the total amount
Tenure 12 – 84 Months
Lowest EMI per Lakh Rs 1,666
Processing Fee Rs 2,500 – Rs 10,000
Prepayment Charges Varies with Banks


Renault Kiger Car Loan – Eligibility Criteria

Particulars Details
Minimum Age of the Applicant 18 years
Maximum Age of the Applicant 60 years for salaried applicants and 65 years for self-employed applicants
Minimum Annual Income Rs. 100000 net annual income. for salaried individuals,

and Net profit Rs. 60000 p.m. for Self – Employed individuals

Car Model Any approved car model
Type of Employment Salaried or self-employed
Country or Place of Residence India (rural/semi-urban/urban areas)
Duration of Stay in Current Residence A minimum of 1 year


Renault Kiger Car – Loan EMI Calculator

Equated Monthly Instalment (acronym – EMI) is the amount to be paid to the Bank/NBFC till the loan is completely repaid. It includes the amount that the bank paid to cover the charges for Renault Kiger Car Loan* and the interest on that amount.
DialaBank provides the ideal Car Loan EMI Calculator for Renault Kiger Car Loan. The EMI Calculator would assist you to make an educated and wise decision about the loan amount, the interest rate, the tenure, and the consequents cost of EMIs.

The formula to calculate Maruti Suzuki Car Loan EMI is given below
E is EMI
P is Principal Loan Amount
r is rate of interest calculated on monthly basis. (i.e., r = Rate of Annual interest/12/100. If rate of interest is 10.5% per annum, then r = 10.5/12/100=0.00875)
n is loan term / tenure / duration in number of months

*- The loan amount for an individual depends on various criteria described above.

Renault Kiger Car Loan – Loan Interest Rate, Fees, and Charges

Interest Rate 8.25% – 14.26% (Avg – 9.40%)
Processing Fee Lower of Rs. 10,000 or 0.4% of car loan sanctioned
Foreclosure Charges 3% to 6% depending on loan tenure (no foreclosure for loans disbursed <6 months ago)
Documentation Fees Rs. 600 each time
Penalty for Late Payment 2% each month
Financing Quantum up to 100% depending on customer profile


Apart from the charges mentioned above, there are a variety of fees associated with car loans. Fees such as stamp duty, road tax, loan cancellation fees, loan bank transfer fees, etc.
These various charges are the same for all lenders. However, there could be minor differences that are subject to regional charges.

Renault Kiger Car Loan – Documents Required 

Documents required for a car loan are as followed

  • Identification proof
  • Proof of age
  • Address proof
  • Application form
  • Passport size photograph
  • Income proof
  • Bank statement
  • Proforma Invoice
  • Signature verification proof

Renault Kiger Car Loan – Documents Required for Salaried Professionals

Document Requirement
Identity Proof Aadhaar card
PAN card
Driving License
Voter ID
Address Proof Aadhaar card
Driving License
Voter ID
Family card (ration card)
Utility bill (Electricity, water, or telephone)
Life insurance policy
The applicant’s name must be present on the ration card or utility bill.
Age Proof Birth certificate
School transfer certificate
Std. 10th mark sheet
Aadhaar card
Income Proof Salary slips
Form 16
Income tax return document
Bank Statement 3 to 6 months bank statement
Signature Verification Proof Banks have separate forms for applicants to fill up along with their signature
Proforma Invoice This document contains the price quoted by a dealer for the car chosen by the applicant. The loan amount will be based on the price of the car.

Renault Kiger Car Loan – Documents for Self-Employed Individuals

Document Requirement
Identity Proof Aadhar card
PAN card
Voter ID
Driving license
Address Proof Aadhar card
Voter ID
Driving license
Ration card
Utility bill (telephone, electricity, or water)
Life insurance policy
Age Proof Birth certificate
School transfer certificate
Aadhaar card
Bank Statement 3-6 months bank statement
Business Ownership Proof To prove that the business is under operation, the following can be provided
Office address proof
Maintenance bill
Utility bill
Additionally, the applicant must also provide a copy of the business registration license.
Proof of Income Income tax returns for up to 2 years
Audited balance sheet
Profit-loss statement
Signature Verification Proof Most banks have separate forms to prove the signature of the individual.
Proforma Invoice A proforma invoice containing the price of the vehicle must also be filed along with the other documents to indicate the desired loan amount. Most banks offer up to 95% of the price of the car as a loan.

Renault Kiger

Renault Kiger Car loan

Rs. 5.45 Lakh* – Rs. 9.75 Lakh*
*- Ex-showroom price Delhi

Renault Kiger

Renault Kiger is a five-seater compact-SUV priced between Rs.5.45 Lakh –9.75 Lakh. Renault Kiger has 24 variants to offer. The base model is RENAULT KIGER RXE 1.0L ENERGY MT at Rs. 5.45 Lakh, and the top variant is RENAULT KIGER RXZ X-TRONIC (CVT) 1.0L TURBO DUAL TONE that costs Rs. 9.75 Lakh.

Prices of Renault Kiger Ex-showroom Delhi

Variant Ex-Showroom Price

999 cc, Manual, Petro

Rs.5.45 Lakh

999 cc, Manual, Petrol

Rs.5.65 Lakh

999 cc, Manual, Petrol

Rs.6.32 Lakh

999 cc, Manual, Petrol

Rs.6.52 Lakh

999 cc, Manual, Petrol

Rs.6.80 Lakh

999 cc, Automatic, Petrol

Rs.6.82 Lakh

999 cc, Manual, Petrol

Rs.7.00 Lakh

999 cc, Automatic, Petrol

Rs.7.02 Lakh

999 cc, Automatic, Petrol

Rs.7.30 Lakh
RXL Turbo

999 cc, Manual, Petrol

Rs.7.42 Lakh

999 cc, Automatic, Petrol

Rs.7.50 Lakh
RXL Turbo DT

999 cc, Manual, Petrol

Rs.7.62 Lakh

999 cc, Manual, Petrol

Rs.7.69 Lakh

999 cc, Manual, Petrol

Rs.7.89 Lakh
RXT Turbo

999 cc, Manual, Petrol

Rs.7.90 Lakh
RXT Turbo DT

999 cc, Manual, Petrol

Rs.8.10 Lakh

999 cc, Automatic, Petrol

Rs.8.19 Lakh

999 cc, Automatic, Petrol

Rs.8.39 Lakh

999 cc, Automatic, Petrol

Rs.8.60 Lakh
RXZ Turbo

999 cc, Manual, Petrol

Rs.8.79 Lakh

999 cc, Automatic, Petrol

Rs.8.80 Lakh
RXZ Turbo DT

999 cc, Manual, Petrol

Rs.8.99 Lakh

999 cc, Automatic, Petrol

Rs.9.55 Lakh

999 cc, Automatic, Petrol

Rs.9.75 Lakh
About Renault Kiger
Renault Kiger is a compact SUV launched in February 2021. It is relevant and reasonable for its price. It seats 5 and is available in a price range of Rs. 5.45 lakh – Rs. 9.75 Lakh. Renault Kiger comes in 24 variants and 11 colours.
Two engine variants are available with 5- speed manual/automatic transmission. One can choose the three-cylinder 1.0 litre naturally aspirated petrol engine that generates 72 hp. The other engine option is the new HR10 turbo-petrol engine that produces the power of 100 Horses (hp).
It weighs 1,012 kg and has a ground clearance of 205mm.

Renault Kiger Mileage

Fuel Type Transmission ARAI Mileage


(999 cc)

Manual 20 kmpl
The mileage of the ATM variant has not been verified yet.

How to get Renault Kiger Car Loan

  1. Visit the official page of Dialabank
  2. Go to the Car Loan option and provide the required information.
  3. Our relationship manager will get in touch with you over your application.
  4. Please Contact Dialabank at 9878981166 for further queries.

Renault Kiger Car Loan News

  • India’s most affordable SUV, Renault Kiger, gets costlier:

French carmaker Renault has increased the prices of its subcompact SUV Kiger that was launched in February this year. The SUV has seen a hike of up to 33,000 within three months of its launch.

Renault Kiger Car Loan FAQs

  What is the Minimum and Maximum Loan Amount for Renault Kiger Car Loan?

The minimum loan amount is Rs 1,00,000 and the maximum loan amount is Loan up to 90% of On Road Price.

 What is the Renault Kiger Car Loan Tenure?

1 year – 7 years is the loan tenure for Renault Kiger Loan.

 How many colours variants are available in Renault Kiger?

Renault Kiger offers 11 colour choices- Moonlight Silver with Mystery Black, Mahogany Brown, Moonlight Silver, Planet Grey, ICE Cool White, Caspian Blue With Mystery Black, Planet Grey With Mystery Black, Mahogany Brown With Mystery Black, Caspian Blue, lce -Cool White With Mystery Black and Radiant Red With Mystery Black.

What is the boot space of Renault Kiger?

Renault Kiger has a boot space of 405 litres.

 What will be the lowest down payment for Renault Kiger Car Loan?

The lender generally finances 90% of the Renault Kiger’s on-road price. Some consumers may also be eligible for 100% financing. The down payment is the difference between the On-Road Price of the Renault Kiger car loan and the loan amount.