Tata Punch

On Road Price Price Details

₹ 7,51,686

Loan Amount

₹ 6,76,517

Estimated Monthly Payment

₹ 13,945/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: ₹ 3,758

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₹ 6,76,517₹ 54,425₹ 5,63,601
2₹ 5,63,601₹ 44,200₹ 4,40,460
3₹ 4,40,460₹ 33,049₹ 3,06,168
4₹ 3,06,168₹ 20,888₹ 1,59,715
5₹ 1,59,715₹ 7,626₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 6,76,517, EMI of ₹ 13,945, tenure of 5 years, interest rate of 8.7% p.a