Maruti S-Presso STD: A Budget Car You Can Afford Even with a Low Salary – Full Finance Details Inside

If you're dreaming of owning a car but your salary is limited, the Maruti S-Presso STD variant could be the perfect choice for you. With an ex-showroom price of ₹4.26 lakh and an on-road price of approximately ₹4.70 lakh in Delhi, this entry-level hatchback offers an affordable and practical option—especially for first-time buyers.

🚗 On-Road Price Breakdown

The on-road cost of the Maruti S-Presso STD includes several additional charges beyond the showroom price:

• RTO Charges: ₹18,000

• Insurance Premium: ₹20,000

• FASTag, MCD, and Smart Card Fees: ₹5,485

🔸 Total On-Road Price: Around ₹4.70 lakh

💸 Finance Plan – How Affordable Is It?

Let’s say you plan to buy this car through financing with a ₹1 lakh down payment. That leaves a balance of ₹3.70 lakh to be financed through a car loan.

• Loan Amount: ₹3.70 lakh

• Interest Rate: 9% annually

• Loan Tenure: 7 years

Based on these figures, your monthly EMI (Equated Monthly Installment) would be approximately ₹5,957. That’s just under ₹6,000 per month.

🧾 Total Cost Over the Loan Period

When financing the car, you’ll end up paying some interest over the loan period. Here's a simplified breakdown:

• Total Interest Payable: ₹1.30 lakh (approx.) over 7 years

• Total Loan Repayment: ₹5 lakh (₹3.70 lakh principal + ₹1.30 lakh interest)

• Add ₹1 lakh down payment and ₹30,000 on-road charges, and the overall cost comes close to ₹6 lakh.

This means, although the ex-showroom price is ₹4.26 lakh, opting for a finance plan can push your total spending to around ₹6 lakh.

🧮 How Much Salary Do You Need?

To comfortably pay a monthly EMI of ₹5,957, financial advisors recommend that your EMI should not exceed 30% of your monthly income.

• Recommended Salary Range: ₹18,000 to ₹20,000 per month (net income)

• With a salary in the range of ₹20,000 to ₹25,000, managing the EMI should be easy without affecting your essential expenses.

✅ Why Maruti S-Presso STD Makes Sense

• Ideal for First-Time Buyers: Affordable, compact, and low on maintenance

• Impressive Mileage: Up to 24 kmpl in petrol variant—perfect for daily commuting

• Budget-Friendly: One of the cheapest hatchbacks available with a decent feature set

📌 Final Thoughts

Even with a modest salary, owning a car is possible with the right finance plan. The Maruti S-Presso STD offers not only affordability but also reliability and fuel efficiency. If you’re looking for a smart buy under ₹5 lakh (on-road), this could be your gateway to car ownership.