Tata Tiago

On Road Price Price Details

₹ 6,12,016

Loan Amount

₹ 5,50,814

Estimated Monthly Payment

₹ 11,354/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: ₹ 6,120

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.40 %

Processing Fee: ₹ 3,500

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₹ 5,50,814₹ 44,312₹ 4,58,879
2₹ 4,58,879₹ 35,987₹ 3,58,618
3₹ 3,58,618₹ 26,908₹ 2,49,279
4₹ 2,49,279₹ 17,007₹ 1,30,038
5₹ 1,30,038₹ 6,209₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 5,50,814, EMI of ₹ 11,354, tenure of 5 years, interest rate of 8.7% p.a