Tata Nano Car Loan EMI Calculator
Tata Nano EMI starts at 4,395 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 0.34 Lakh. Tata Nano price starts at ₹ 2.51 Lakh and goes up to ₹ 3.51 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
CX
City
Mumbai
Adjust Nano Car Loan Parameters
On-Road Price
₹ 2,50,777₹ 4,395 for 5 Years
Tata Nano Loan Repayment Schedule
This table helps you understand, how much loan payment will be pending at the end of the each year of the loan. This way, you can arrive at the amount you will need if you decide to pre-pay your loan.
Months | Principal Paid | Interest Paid | Balance Loan |
---|---|---|---|
12 | ₹ 36,734 | ₹ 16,006 | ₹ 1,80,001 |
24 | ₹ 39,783 | ₹ 12,957 | ₹ 1,40,218 |
36 | ₹ 43,085 | ₹ 9,655 | ₹ 97,133 |
48 | ₹ 46,661 | ₹ 6,079 | ₹ 50,472 |
60 | ₹ 50,472 | ₹ 2,206 | ₹ 0 |
Tata Nano EMI
Tata Nano Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 34,042
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
CX ₹ 2,50,777 | ₹34,042 | ₹4,395 |
LX ₹ 2,79,487 | ₹37,135 | ₹4,914 |
CNG emax CX ₹ 2,75,807 | ₹29,356 | ₹4,997 |
CNG emax LX ₹ 3,01,340 | ₹31,357 | ₹5,474 |
Twist XT ₹ 2,95,887 | ₹39,984 | ₹5,189 |
XM ₹ 3,50,804 | ₹53,263 | ₹6,033 |
Twist XE ₹ 2,54,104 | ₹35,396 | ₹4,435 |
Twist XTA ₹ 0 | ₹0 | ₹0 |
Check Car Loan EMIs of Tata Nano Similar Cars
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On-Road Price, Mumbai
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On-Road Price, Mumbai
Explore more about Tata Nano
Nano EMI FAQs
Here is how - Tata Nano price starts from ₹ 2,50,777 in Mumbai. If you pay a down payment of ₹ 34,042 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 4,395.
Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.
Version | On-road price in Mumbai | Max Loan |
---|---|---|
CX | ₹ 2,50,777 | ₹ 2,16,735 |
LX | ₹ 2,79,487 | ₹ 2,42,352 |
CNG emax CX | ₹ 2,75,807 | ₹ 2,46,451 |
CNG emax LX | ₹ 3,01,340 | ₹ 2,69,983 |
Twist XT | ₹ 2,95,887 | ₹ 2,55,903 |
XM | ₹ 3,50,804 | ₹ 2,97,541 |
Twist XE | ₹ 2,54,104 | ₹ 2,18,708 |
As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.
- 1. If you select a higher tenure loan, let's say 7 years, your EMI for Nano CX will be ₹ 3,909 but you will have to pay interest of ₹ 1,11,621 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 ₹ 7,858, but your interest payment will be only ₹ 66,153 over the 3 years period.