Tata Punch

On Road Price Price Details

₹ 7,37,115

Loan Amount

₹ 7,37,115

Estimated Monthly Payment

₹ 15,123/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: ₹ 3,686

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₹ 7,37,115₹ 57,915₹ 6,13,553
2₹ 6,13,553₹ 46,993₹ 4,79,069
3₹ 4,79,069₹ 35,106₹ 3,32,699
4₹ 3,32,699₹ 22,168₹ 1,73,390
5₹ 1,73,390₹ 8,086₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 7,37,115, EMI of ₹ 15,123, tenure of 5 years, interest rate of 8.5% p.a