Skoda Slavia
The Skoda Slavia, a premium mid size sedan, has quickly gained popularity among Indian car buyers thanks to its bold styling, spacious interiors, and robust build quality. If you’re considering buying the base variant of the Skoda Slavia but are worried about the cost, this article breaks down how much EMI you’ll need to pay after making a ₹2 lakh down payment.
Skoda Slavia Base Variant – Key Highlights
The base variant of the Skoda Slavia, known as Active 1.0 TSI, is designed for those who want performance and comfort without breaking the bank. Here are some key features:
- 1.0-litre TSI Petrol Engine
- 6-speed manual transmission
- Dual airbags, ABS with EBD
- Rear parking sensors
- 7-inch touchscreen infotainment system
- LED DRLs and stylish halogen headlamps
It offers a great balance of power and mileage, making it an excellent choice for city and highway driving.
On-Road Price Estimate (As of 2025)
The on-road price of the base Skoda Slavia in major cities like Delhi, Mumbai, and Bangalore is around ₹13 lakh (may vary slightly based on location, insurance, and RTO charges).
Down Payment: ₹2 Lakh
If you’re planning to make a down payment of ₹2 lakh, the remaining amount (₹11 lakh) will need to be financed through a car loan.
Let’s calculate the monthly EMI based on typical loan terms:
- Loan Amount: ₹11,00,000
- Tenure: 5 years (60 months)
- Interest Rate: Approx. 9.5% per annum
EMI Calculation ( Full Details )
Using a standard car loan EMI calculator:
- Monthly EMI – ₹23,130
This EMI is manageable for many middle class and upper middle class buyers who want a premium sedan experience on a budget.
Total Loan Interest Over 5 Years
- Total Payment: ₹13,87,800
- Total Interest Paid: ₹2,87,800
By the end of the 5-year loan term, you would have paid nearly ₹2.88 lakh as interest. However, considering the quality, safety, and comfort that the Skoda Slavia offers, it’s a reasonable trade-off.
Is the Base Variant Worth Buying?
Yes, especially for those on a tight budget who still want a German engineered vehicle with high safety standards and smooth performance. The Active variant offers essential features without compromising on driving dynamics or build quality.
So if you are looking to buy the Skoda Slavia base model with a ₹2 lakh down payment, expect to pay around ₹23,000 EMI per month for five years. With its stylish look design, reliable engine, and strong road presence, the Slavia makes a strong case for being one of the best sedans under ₹15 lakh in India.
