Skoda Diwali offers: low EMI options on Octavia, Superb, Kodiaq

Besides low EMI benefits across its entire lineup, the carmaker is also offering discounts on insurance till 15 November

• The Superb can be had with a complimentary first year insurance
• The Rapid is available via a standard loan, although there is a discount on the insurance and an exchange bonus
• The Octavia, Superb and Kodiaq can be had with bullet EMIs, which require you to pay small monthly amounts and a large annual amount

Skoda has announced benefits across its entire lineup for the month of November. The offers, which primarily include benefits on EMIs, are similar to the ones rolled out in October. These benefits can be availed on all Skoda cars, barring the Superb Sportline which was launched recently.

The Rapid is available with a standard loan at an 8.99 per cent rate of interest. Other benefits include 50 per cent off on first year insurance (up to Rs 34,000) and exchange bonus of up to Rs 50,000.

The Octavia, Superb and Kodiaq are available at EMIs of Rs 17,777, Rs 18,888 and Rs 19,999, respectively, under the bullet EMI scheme. Sure, there’s a decrease in the monthly EMI, but customers will have to pay a big bullet EMI every twelve months. This scheme is particularly useful for those who get annual bonuses or expect higher profits in business at a particular time every year. This finance facility is available for a 7-year period. With the Superb, the company is also offering a complimentary first year insurance that would cost up to Rs 1.34 lakh for the most expensive variant.

For more information, here’s a handy table.

Car Model	Price Range	EMI/Offer	Valid Till
Rapid	Rs 7.99 lakh-Rs 13.97 lakh	Finance at 8.99%, no processing fees, no foreclosure charges, 50% discount (up to Rs 34,000) on Skoda Insurance, exchange bonus up to Rs. 50,000	15 November
Octavia	Rs 15.99 lakh-Rs 25.75 lakh	EMI starts from Rs. 17,777 for 84 months (Finance at 9.27% with bullet EMI)	15 November
Superb	Rs 25.59 lakh-Rs 32.99 lakh	EMI starts from Rs. 18,888 for 84 months, complimentary insurance for 1st year (up to Rs 1.34 lakh)	15 November
Kodiaq	Rs 33.84 lakh	EMI starts from Rs. 19,999 for 84 months  (Finance at 9.27% with bullet EMI)	15 November

Since these offers first came out last month, Skoda has launched two new variants, one each for the Superb (Sportline) and Kodiaq (L&K) in India. However, these cars are not available with schemes listed above; these models can, however, be financed.

Disclaimer: This article has not been edited by Deccan Chronicle and is taken from a syndicated feed. Photos: CarDekho.