Tata Punch

On Road Price Price Details

₹ 7,35,144

Loan Amount

₹ 6,61,630

Estimated Monthly Payment

₹ 13,638/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: ₹ 3,676

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₹ 6,61,630₹ 53,227₹ 5,51,199
2₹ 5,51,199₹ 43,227₹ 4,30,767
3₹ 4,30,767₹ 32,322₹ 2,99,430
4₹ 2,99,430₹ 20,429₹ 1,56,200
5₹ 1,56,200₹ 7,458₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 6,61,630, EMI of ₹ 13,638, tenure of 5 years, interest rate of 8.7% p.a