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Tata Nexon Ev

On Road Price Price Details

₹ 13,52,385


Loan Amount

₹ 12,17,146

Estimated Monthly Payment

₹ 24,738/month

Interest Rate 8.1 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.25 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.05 %

Processing Fee: ₹ 6,762

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.10 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 12,17,146₹ 91,060₹ 10,11,355
2₹ 10,11,355₹ 73,758₹ 7,88,261
3₹ 7,88,261₹ 55,001₹ 5,46,411
4₹ 5,46,411₹ 34,668₹ 2,84,227
5₹ 2,84,227₹ 12,624₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 12,17,146, EMI of ₹ 24,738, tenure of 5 years, interest rate of 8.1% p.a

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