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Tata Nexon Ev

On Road Price Price Details

₹ 13,32,385


Loan Amount

₹ 11,99,146

Estimated Monthly Payment

₹ 24,372/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: ₹ 6,662

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₹ 11,99,146₹ 89,714₹ 9,96,398
2₹ 9,96,398₹ 72,667₹ 7,76,604
3₹ 7,76,604₹ 54,188₹ 5,38,330
4₹ 5,38,330₹ 34,155₹ 2,80,024
5₹ 2,80,024₹ 12,438₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 11,99,146, EMI of ₹ 24,372, tenure of 5 years, interest rate of 8.1% p.a

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