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      Tata Indica eV2 [2011-2012] Car Loan EMI Calculator

      Tata Indica eV2 [2011-2012] EMI starts at 8,343 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 0.64 Lakh. Tata Indica eV2 [2011-2012] price starts at ₹ 4.75 Lakh and goes up to ₹ 5.82 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      Tata Indica eV2 [2011-2012]
      TataIndica eV2 [2011-2012]₹ 4.75 - 5.82 Lakh

      Variant

      L

      Right Arrow

      City

      Aurangabad

      Right Arrow

      Adjust Indica eV2 [2011-2012] Car Loan Parameters

      On-Road Price

      ₹ 4,75,218

      Indica eV2 [2011-2012] L EMI

      8,343 for 5 Years

      %

      Tata Indica eV2 [2011-2012] L Car Loan EMI

      On-Road Price₹ 4,75,218
      Ex-Showroom Price₹ 411449
      Max Loan Amount₹ 411449
      Down Payment as per your Selectiont₹ 63,769
      Loan Amount₹ 4,11,449
      EMI Amount 8,343
      Interest Component89,131(17.8%)
      Principal Component4,11,449(82.2%)
      Total Payable over 5 Years5,00,580
      Note: This doesn't include bank processing fee.

      Tata Indica eV2 [2011-2012] 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.

      MonthsPrincipal PaidInterest PaidBalance Loan
      12₹ 69,725₹ 30,391₹ 3,41,724
      24₹ 75,511₹ 24,605₹ 2,66,213
      36₹ 81,782₹ 18,334₹ 1,84,431
      48₹ 88,567₹ 11,549₹ 95,864
      60₹ 95,864₹ 4,196₹ 0

      Tata Indica eV2 [2011-2012] EMI

      Tata Indica eV2 [2011-2012] Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 63,769

      On-Road Price in AurangabadMin Down PaymentEMI
      L

      ₹ 4,75,218

      ₹63,769₹8,343
      LE

      ₹ 5,25,381

      ₹70,085₹9,232
      LS

      ₹ 5,42,886

      ₹72,288₹9,542
      LX

      ₹ 5,82,246

      ₹78,554₹10,213

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      Explore more about Tata Indica eV2 [2011-2012]

      Tata Indica eV2 [2011-2012]
      Tata Indica eV2 [2011-2012]
      ₹ 4.75 - 5.82 Lakh On-Road Price, Aurangabad

      Indica eV2 [2011-2012] EMI FAQs

      ₹ 8,343.
      Here is how - Tata Indica eV2 [2011-2012] price starts from ₹ 4,75,218 in Aurangabad. If you pay a down payment of ₹ 63,769 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 8,343.
      The cheapest Indica eV2 [2011-2012] model is L which is priced at ₹ 4,75,218 in Aurangabad. You will need to pay at least a ₹ 63,769 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 Indica eV2 [2011-2012].
      VersionOn-road price in AurangabadMax Loan
      L₹ 4,75,218₹ 4,11,449
      LE₹ 5,25,381₹ 4,55,296
      LS₹ 5,42,886₹ 4,70,598
      LX₹ 5,82,246₹ 5,03,692

      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 Indica eV2 [2011-2012] L will be ₹ 7,407 but you will have to pay interest of ₹ 2,10,739 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 ₹ 14,892, but your interest payment will be only ₹ 1,24,663 over the 3 years period.