Tata Punch

On Road Price Price Details

₹ 7,37,488

Loan Amount

₹ 7,37,488

Estimated Monthly Payment

₹ 15,131/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: ₹ 3,687

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₹ 7,37,488₹ 57,944₹ 6,13,864
2₹ 6,13,864₹ 47,017₹ 4,79,312
3₹ 4,79,312₹ 35,124₹ 3,32,867
4₹ 3,32,867₹ 22,179₹ 1,73,478
5₹ 1,73,478₹ 8,091₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 7,37,488, EMI of ₹ 15,131, tenure of 5 years, interest rate of 8.5% p.a