Tata Nexon Ev

On Road Price Price Details

₹ 16,12,142

Loan Amount

₹ 16,12,142

Estimated Monthly Payment

₹ 33,076/month

Interest Rate 8.5 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 8.50 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 8.50 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 7.50 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 16,12,142₹ 1,26,665₹ 13,41,900
2₹ 13,41,900₹ 1,02,778₹ 10,47,771
3₹ 10,47,771₹ 76,780₹ 7,27,644
4₹ 7,27,644₹ 48,483₹ 3,79,221
5₹ 3,79,221₹ 17,686₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 16,12,142, EMI of ₹ 33,076, tenure of 5 years, interest rate of 8.5% p.a