Loan
Lease
Tata Nexon Ev
On Road Price Price Details
₹ 15,59,438
Ex-Showroom Price
₹ 14,49,000
Compr. Insurance
Comprehensive Insurance
₹ 91,198
RTO - Individual
₹ 4,750
TCS
₹ 14,490
Depot Charges
₹ 0
On Road Price
₹ 15,59,438
Down Payment
₹ 1,55,944
Loan Amount
₹ 14,03,494
Rate of Interest
8.7 %
Duration
60 Months
EMI
₹ 28,930
Loan Amount
₹ 14,03,494
Estimated Monthly Payment
₹ 28,930/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: ₹ 7,797
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 | ₹ 14,03,494 | ₹ 1,12,909 | ₹ 11,69,240 |
| 2 | ₹ 11,69,240 | ₹ 91,697 | ₹ 9,13,772 |
| 3 | ₹ 9,13,772 | ₹ 68,563 | ₹ 6,35,172 |
| 4 | ₹ 6,35,172 | ₹ 43,334 | ₹ 3,31,342 |
| 5 | ₹ 3,31,342 | ₹ 15,821 | ₹ 0 |
The table above provides you the loan repayment schedule for a loan amount of ₹ 14,03,494, EMI of ₹ 28,930, tenure of 5 years, interest rate of 8.7% p.a