Loan
Lease
Tata Nexon Ev Max
On Road Price Price Details
₹ 17,09,350
Ex-Showroom Price
₹ 16,49,000
Compr. Insurance
Comprehensive Insurance
₹ 91,398
RTO - Individual
₹ 2,462
TCS
₹ 16,490
Depot Charges
₹ 0
Cash Discount
- ₹ 50,000
On Road Price
₹ 17,09,350
Down Payment
₹ 1,70,935
Loan Amount
₹ 15,38,415
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 31,711
Loan Amount
₹ 15,38,415
Estimated Monthly Payment
₹ 31,711/month
Interest Rate 8.7 %
Buying a
Down Payment
Duration
Down Payment
Duration
Loan Offers
Axis Bank
Interest Rate 9.30 %
Processing Fee: ₹ 7,000
Avail 100% With flexible repayment tenure
HDFC Bank
Interest Rate 9.40 %
Processing Fee: ₹ 8,000
Flexible repayment, Zero Foreclosure, Top-up loan
Union Bank of India
Interest Rate 8.70 %
Processing Fee: ₹ 1,000
Best ROI in its class
Amortization Schedule
Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | ₹ 15,38,415 | ₹ 1,23,763 | ₹ 12,81,641 |
| 2 | ₹ 12,81,641 | ₹ 1,00,512 | ₹ 10,01,615 |
| 3 | ₹ 10,01,615 | ₹ 75,154 | ₹ 6,96,232 |
| 4 | ₹ 6,96,232 | ₹ 47,500 | ₹ 3,63,195 |
| 5 | ₹ 3,63,195 | ₹ 17,342 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 15,38,415, EMI of ₹ 31,711, tenure of 5 years, interest rate of 8.7% p.a