Tata Hexa Car Loan EMI Calculator

₹ 27,784.
Here is how - Tata Hexa price starts from ₹ 16,60,793 in Yeole. If you pay a down payment of ₹ 2,90,527 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 27,784.

The cheapest Hexa model is XE 4x2 7 STR which is priced at ₹ 16,60,793 in Yeole. You will need to pay at least a ₹ 2,90,527 down payment to buy this model.

Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.

Here is a model wise list of max loan amount for Hexa.

Version	On-road price in Yeole	Max Loan
XE 4x2 7 STR	₹ 16,60,793	₹ 13,70,266
XM 4x2 7 STR	₹ 18,49,744	₹ 15,26,346
XM Plus 4x2 7 STR	₹ 19,77,719	₹ 16,34,343
XMA 4x2 7 STR	₹ 19,98,158	₹ 16,51,592
XT 4x2 7 STR	₹ 21,80,832	₹ 18,05,751
XTA 4x2 7 STR	₹ 23,19,807	₹ 19,23,032
XT 4x4 7 STR	₹ 23,50,657	₹ 19,39,952
XT 4x2 6 STR	₹ 21,80,832	₹ 18,05,751
XTA 4x2 6 STR	₹ 23,19,807	₹ 19,23,032
XT 4x4 6 STR	₹ 23,50,657	₹ 19,39,952
XE 4x2 6 STR	₹ 16,60,793	₹ 13,70,266
XT 4x2 Dual Tone 7 STR	₹ 21,04,977	₹ 17,41,737
XT 4x2 Dual Tone 6 STR	₹ 21,04,977	₹ 17,41,737
XTA 4x2 Dual Tone 7 STR	₹ 22,43,951	₹ 18,59,017
XTA 4x2 Dual Tone 6 STR	₹ 22,43,951	₹ 18,59,017
XT 4x4 Dual Tone 7 STR	₹ 22,64,001	₹ 18,75,937
XT 4x4 Dual Tone 6 STR	₹ 22,64,001	₹ 18,75,937

As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.

Good Practice will be to chose the shortest possible tenure for which you can afford an EMI amount.

• 1. If you select a higher tenure loan, let's say 7 years, your EMI for Hexa XE 4x2 7 STR will be ₹ 25,885 but you will have to pay interest of ₹ 8,04,074 over the period of 7 years.
• 2. If you select a lower tenure loan, let's say 3 years, your EMI amount will be higher at ₹ 52,043, but your interest payment will be only ₹ 5,03,282 over the 3 years period.

₹ 27,784
Tata Hexa price starts from ₹ 16,60,793 in Yeole.

We have considered
Down-payement : ₹ 2,90,527
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Hexa with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 5,54,000

As a general rule, banks or other lenders offer you a car loan 3 to 4 times your annual income. Considering the on-road price of Hexa starts from ₹ 16.61 Lakh, you can get a loan with an annual income as low as ₹ 5.54 lakh.

Here are the most important things you should consider while getting a car loan for a new Hexa

• 1. Interest rate - Go for the loan with the lowest interest rate.
• 2. Additional Charges - processing fee, prepayment charges, late payment penalty are some of the important points you need to check before taking a loan.
• 3. Tenue and Max Loan Amount - Select a lender who gives you a loan that you can afford.
  -If Max loan amount is lower, you will have to shell out more money upfront to buy the car.
  -If Tenue is lower, your per month instalment amount will increase.
• 4. Eligibility - Banks may have stricter eligibility requirements compared to NBFCs or other financial institutions.