Gurugram:
In a move that could make budget-SUV hunters smile wider than their bank managers, Nissan Motor India has announced an attractive retail finance scheme for the popular Nissan Magnite. The new offer, rolled out in partnership with Nissan Renault Financial Services India (NRFSI), brings interest rates starting as low as 5.55% for all CIBIL-eligible customers, along with financing of up to 100% of the on-road price.
The scheme aims to make Magnite ownership more accessible for first-time buyers as well as upgrade seekers, reinforcing Nissan’s focus on affordable mobility in India’s competitive compact-SUV space.
Low Interest, High Convenience
Under the limited-period offer, customers can avail loans at a starting ROI of 5.55% for a ₹5 lakh loan amount. Nissan says the plan delivers a noticeable EMI advantage compared with several leading banks, potentially saving buyers a meaningful amount over the tenure.
And yes — in a time when even parking sometimes needs advance payment, the ability to finance registration, insurance and other charges through 100% on-road funding could be a welcome relief for buyers looking to minimise upfront costs.
Flexible Tenure and Digital Process
The finance package includes:
- Loan tenure of up to 7 years
- Nil foreclosure charges after 24 months
- Part-payment facility available
- Mostly digital loan processing (except mandatory KYC and RTO paperwork)
- Priority loan approval
- 24×7 WhatsApp chatbot support and customer care
Customers opting for finance through NRFSI can also receive exclusive additional benefits worth up to ₹22,000, along with special add-on advantages for existing Nissan loyalty customers.
Valid Till March — Buyers Have a Deadline
The finance scheme is applicable for Nissan Magnite bookings made until March 31, 2026. With compact SUVs continuing to dominate the Indian market, Nissan clearly hopes the attractive EMI math will help more customers bring the Magnite home sooner rather than later.
After all, when the EMI feels lighter, the decision to upgrade from “maybe next year” to “let’s book today” suddenly becomes much easier.
