Most people live within their credit limits, not income limits. EMI is a better indicator of affordability than the MRP. MONEY TODAY presents a new way to compute affordability.
PRICE LESS THAN RS 10,000
VIDEOCON - K5200
Price: Rs 7,990
Features: 5.2 kg, super flow pulsator wash, digitalsensi logic, 8 wash programs
EMI: Rs 666
Down payment: Rs 2,663
LG - WP1221S
Price: Rs 8,490
Features: Semi-automatic, 7.2 kg, soak function, punch +3 pulsator, intello motor
EMI: Rs 708
Down payment: Rs 2,830
WHIRLPOOL - Whitemagic H 70
Price: Rs 11,990
Features: Semi-automatic, 7 kg, 1-2 handwash system, hotwash, rust proof base
EMI: Rs 783
Down payment: Rs 3,133
PRICE BETWEEN Rs 10,000 AND Rs 25,000
ONIDA - Hydrofuzzy 70
Price: Rs 12,990
Features: Fully automatic, top loading, 7 kg, mega hydrologic pulsator, digital display
EMI: Rs 1,083
Down payment: Rs 4,330
SAMSUNG - WA90RAN3
Price: Rs 18,900
Features: Fully automatic, top loading, 7 kg, silver nano technology, tornado pulsator, auto restart
EMI: Rs 1,575
Down payment: Rs 6,300
WHIRLPOOL - Sensation Deluxe
Price: Rs 19,990
Features: Fully automatic, 6.5 kg, auto restart, adjustable installation, anti-crease cycle
EMI: Rs 1,666
Down payment: Rs 6,663
PRICE MORE THAN Rs 25,000
IFB - Digital EX
Price: Rs 26,999
Features: Front loading, 6 kg, digital display, imbalance control, automatic time adjustment
EMI: Rs 2,250
Down payment: Rs 9,000
SAMSUNG - B1245A
Price: Rs 27,900
Features: Fully automatic, front loading, 6.5 kg, silver nano technology, digital graphic display
EMI: Rs 2,325
Down payment: Rs 9,300
LG - WD12485TP
Price: Rs 30,590
Features: Front loading, 7.5 kg capacity, baby care, hand wash, crease care
EMI: Rs 2,549
Down payment: Rs 10,197
PURCHASING POWER
Life is rapidly becoming more expensive in the North-East, especially Shillong where inflation is twice the national average. Elsewhere, Kozhikode in Kerala and Nagpur in Maharashtra are the least expensive cities to live in. Delhi and Mumbai are relatively cheaper compared to Chennai and Bangalore.
ALL-INDIA PRICE INFLATION: 5.7%
HIGHEST INFLATION RATES | LOWEST INFLATION RATES | ||
| Shillong | 14.8% | Kozhikode | 3.4% |
| Imphal | 9.4% | Nagpur | 3.4% |
| Kolkata | 8.8% | Surat | 3.7% |
| Warangal | 8.6% | Mangalore | 3.7% |
| Jaipur | 8.4% | Lucknow | 3.8% |
