Tata Nexon

On Road Price Price Details

₹ 9,87,369

Loan Amount

₹ 9,87,369

Estimated Monthly Payment

₹ 20,257/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: ₹ 4,937

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₹ 9,87,369₹ 77,577₹ 8,21,857
2₹ 8,21,857₹ 62,947₹ 6,41,716
3₹ 6,41,716₹ 47,024₹ 4,45,651
4₹ 4,45,651₹ 29,694₹ 2,32,257
5₹ 2,32,257₹ 10,832₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 9,87,369, EMI of ₹ 20,257, tenure of 5 years, interest rate of 8.5% p.a