Tata Nexon

On Road Price Price Details

₹ 9,76,377

Loan Amount

₹ 8,78,739

Estimated Monthly Payment

₹ 18,113/month

Interest Rate 8.7 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.30 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.40 %

Processing Fee: ₹ 4,882

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.70 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 8,78,739₹ 70,693₹ 7,32,070
2₹ 7,32,070₹ 57,412₹ 5,72,120
3₹ 5,72,120₹ 42,928₹ 3,97,686
4₹ 3,97,686₹ 27,132₹ 2,07,456
5₹ 2,07,456₹ 9,906₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 8,78,739, EMI of ₹ 18,113, tenure of 5 years, interest rate of 8.7% p.a