Nissan Magnite Available with 5.55 percent ROI and 100 percent On-Road Funding

Nissan Motor India Private Limited (NMIPL) has introduced a new retail finance scheme for the Nissan Magnite. The scheme is being offered through Nissan Renault Financial Services India (NRFSI).

Under this programme, customers with a valid CIBIL score can avail loans starting at an interest rate of 5.55 percent. The rate is applicable on a loan amount of Rs 5 lakh, subject to eligibility and internal approval processes.

The finance scheme allows up to 100 percent funding of the vehicle’s on-road price. This includes the ex-showroom cost, registration charges, insurance and other applicable fees.

Customers can opt for a loan tenure of up to seven years. The scheme also includes a part-payment option and no foreclosure charges after 24 months, as per the stated terms.

Also Read: Mercedes-Benz CLA Electric Debuts in India With 792 Km Range, Bookings Open on March 10

According to the company, the loan application process is largely digital, except for KYC verification and RTO-related documentation. NRFSI is also offering priority processing, customer care support and access to a WhatsApp-based assistance service.

Customers choosing finance through NRFSI can avail additional benefits of up to Rs 22,000. Existing Nissan customers opting for finance under this scheme are eligible for loyalty-related add-on benefits. The finance offer is applicable to Nissan Magnite bookings made until the end of March 2026.

Nissan Motor India recently launched the Gravite MPV at an introductory price of Rs 5.65 lakh (ex-showroom). Bookings for the MPV are now open. The Gravite is based on the CMF-A+ platform and shares its structure with the Renault Triber. While its overall shape and size are similar, it gets a honeycomb grille, updated front and rear bumpers with C-shaped silver inserts, distinct LED DRLs, and ‘GRAVITE’ badging on the bonnet and tailgate.