Buy Maruti Swift with just ₹1 lakh down payment. Check EMI, on-road price, and finance plan details in India.
Maruti Swift Base Variant: Price, Down Payment & EMI Explained
Buying a car in India is not just a purchase—it’s a dream for many families. Among the most popular choices in the hatchback segment, the Maruti Swift continues to attract buyers with its affordability, performance, and finance-friendly options. After recent changes in GST, the Swift’s price has dropped, making it an even more attractive option for first-time buyers. If you are planning to bring home the base variant of the Maruti Swift with a ₹1 lakh down payment, here’s a detailed look at how much EMI you’ll need to pay and the total cost of ownership.
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Maruti swift on road price in India
The Maruti Swift base variant comes with an ex-showroom price of ₹5.79 lakh. If you purchase it in Delhi, additional charges apply, including approximately ₹23,000 for registration and around ₹34,000 for insurance. This brings the on-road price to about ₹6.36 lakh.
Down Payment & EMI Breakdown
If you make a down payment of ₹1 lakh, the remaining amount to be financed will be approximately ₹5.36 lakh.
Here’s how the EMI calculation works:
- Loan Amount: ₹5.36 lakh
- Loan Tenure: 7 years (84 months)
- Interest Rate: 9% per annum
With this plan, your monthly EMI will be around ₹7,854. This makes the Swift a highly affordable choice for middle-class families who want a stylish and practical hatchback without burning a hole in their pocket.
Total Cost of Ownership
While EMI makes the car affordable, it’s important to understand the long-term cost. Over seven years, at a 9% interest rate, you will pay around ₹2.17 lakh as interest.
- Ex-showroom + On-road + Interest = ₹8.54 lakh (approx.)
This means that by the end of your loan tenure, the total cost of owning the Maruti Swift base variant will be close to ₹8.54 lakh.
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Maruti Swift Variants & Engine Options
Maruti Suzuki offers the Swift in both petrol and CNG options, catering to the rising demand for fuel-efficient cars in India. The petrol version is powered by a refined 1.2L engine, while the CNG variant is preferred by budget-conscious buyers. The Swift is known for its sporty design, spacious interiors, and Maruti’s trusted reliability, making it a long-time favorite in the Indian market.
Competition in the Segment
The Maruti Swift competes in the highly competitive hatchback segment. Its main rivals include:
- Maruti Alto K10
- Maruti S-Presso
- Maruti Celerio
- Maruti Wagon R
- Renault Kwid
- Tata Tiago
Additionally, entry-level compact SUVs like the Renault Kiger, Nissan Magnite, Hyundai Exter, and Tata Punch also give tough competition to the Swift, offering bigger dimensions at slightly higher prices. However, the Swift still holds a strong position thanks to its sporty appeal and Maruti’s strong after-sales service network.
Why Choose Maruti Swift?
- Affordable EMI Plans – Starting from just ₹7,854/month.
- Proven Reliability – Maruti’s service network is unmatched in India.
- Fuel Options – Available in both petrol and CNG variants.
- Strong Resale Value – Swift continues to fetch good prices in the used car market.
- Feature-Rich Design – Sporty looks with practical everyday usability.
Swift on road price & EMI Comparison: Swift vs Rivals (After GST 2.0)
| Model | Ex-Showroom Price* | Approx On-Road Price** | EMI (60 months, ~9-10% interest) | Key Notes |
|---|---|---|---|---|
| Maruti Swift (Base) | ₹5.79 lakh ex showroom (CarWale) | ~₹6.35-6.60 lakh (Delhi/Mumbai etc.) (Registration + Insurance) | ₹14,500 – ₹15,000/month (5-year loan) (ZigWheels.com) | Petrol base version; strong resale value; recent GST cut helped reduce price. |
| Tata Tiago (XE / XE-CNG) | ₹4.57 lakh ex showroom (CarWale) | ~₹5.00-5.50 lakh on road depending on city & variant | ₹11,000-₹12,000/month (5 yrs) (CarDekho) | More affordable entry-level rival; lower running costs. |
| Renault Kwid (1.0 variants) | Starting from ~₹5.37-5.90 lakh ex showroom (ACKO Drive) | ~₹5.80-6.80 lakh on road in Mumbai/Delhi depending on variant (ZigWheels.com) | ₹10,000-₹12,500/month (5 yrs) based on loan amount & variant (CarDekho) | Compact choice; tax drop under GST 2.0 improved affordability significantly. |
Prices shown are Ex-showroom, after GST 2.0 where applicable.
** On-road price includes registration, insurance, and other charges; varies by city and variant.
Conclusion
If you are planning to bring home the Maruti Swift, the current pricing and EMI plans make it a smart buy. With a ₹1 lakh down payment, you can comfortably drive home this popular hatchback by paying just around ₹7,854 per month. Considering its fuel efficiency, resale value, and Maruti’s trusted brand image, the Swift remains one of the best hatchbacks for Indian buyers in 2025.