Tata Nexon

On Road Price Price Details

₹ 9,52,217

Loan Amount

₹ 9,52,217

Estimated Monthly Payment

₹ 19,536/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: ₹ 4,761

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₹ 9,52,217₹ 74,815₹ 7,92,598
2₹ 7,92,598₹ 60,706₹ 6,18,870
3₹ 6,18,870₹ 45,350₹ 4,29,785
4₹ 4,29,785₹ 28,637₹ 2,23,988
5₹ 2,23,988₹ 10,446₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 9,52,217, EMI of ₹ 19,536, tenure of 5 years, interest rate of 8.5% p.a