Tata Punch

On Road Price Price Details

₹ 7,60,144

Loan Amount

₹ 6,84,130

Estimated Monthly Payment

₹ 14,102/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: ₹ 3,801

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₹ 6,84,130₹ 55,037₹ 5,69,943
2₹ 5,69,943₹ 44,697₹ 4,45,416
3₹ 4,45,416₹ 33,421₹ 3,09,613
4₹ 3,09,613₹ 21,123₹ 1,61,512
5₹ 1,61,512₹ 7,712₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 6,84,130, EMI of ₹ 14,102, tenure of 5 years, interest rate of 8.7% p.a