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The fixed monthly charge will include usage of vehicle, maintenance and other expenses related to the vehicle.
Aimed at repeating the success of the Seltos, Kia is set to bring the Sonet with a clutchless manual transmission.
This will result in incremental sales for the company, MSI said in a regulatory filing.
If Maruti, Tata, Chevrolet and Fiat were rival carmakers in India, there was one factor that linked all of them together - the 1.3-litre, Multijet diesel engine.
Maruti is planning to make 4,000 to 5,000 units of Jimny a month.
The BS-VI petrol Vitara Brezza is powered by 1.5 litre K-series engine with 5-speed manual and automatic transmission options with smart hybrid.
Kia Sonet concept will be developed further ahead of a launch in the Indian market in the second half of 2020.
The sub-4 metre SUV has been developed by Toyota's subsidiary Daihatsu.
The Carnival is sold overseas in seven, eight, nine and 11-seat configurations.
The production of passenger vehicles was down 117,383 units from 148,318 in October last year.