Tata Nexon Car Loan EMI Calculator

₹ 18,046.
Here is how - Tata Nexon price starts from ₹ 10,45,865 in Kankavali. If you pay a down payment of ₹ 1,55,875 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 18,046.

The cheapest Nexon model is Smart Plus 1.2 Revotron Petrol 5MT which is priced at ₹ 10,45,865 in Kankavali. You will need to pay at least a ₹ 1,55,875 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 Nexon.

Version	On-road price in Kankavali	Max Loan
Creative 1.2 Revotron Petrol 6AMT	₹ 14,02,612	₹ 11,79,990
Pure 1.2 Revotron Petrol 6MT	₹ 11,49,182	₹ 9,79,990
Creative 1.2 Revotron Petrol 6MT	₹ 13,20,840	₹ 11,09,990
Creative 1.2 Revotron Petrol 7DCA	₹ 14,61,020	₹ 12,29,990
Fearless Purple 1.2 Revotron Petrol 6MT Dual Tone	₹ 14,96,065	₹ 12,59,990
Fearless Plus S Purple 1.2 Revotron Petrol 7DCA Dual Tone	₹ 17,53,063	₹ 14,79,990
Pure 1.5 Revotorq Diesel 6MT	₹ 13,43,484	₹ 11,09,990
Creative 1.5 Revotorq Diesel 6MT	₹ 15,09,884	₹ 12,49,990
Fearless Plus S Purple 1.5 Revotorq Diesel 6MT Dual Tone	₹ 18,07,026	₹ 14,99,990
Creative 1.5 Revotorq Diesel 6AMT	₹ 15,81,198	₹ 13,09,990
Fearless Plus S Purple 1.5 Revotorq Diesel 6AMT Dual Tone	₹ 18,82,421	₹ 15,59,990
Pure S 1.2 Revotron Petrol 6MT	₹ 12,27,386	₹ 10,29,990
Pure S 1.5 Revotorq Diesel 6MT	₹ 14,02,912	₹ 11,59,990
Creative 1.2 Revotron Petrol 6MT DT	₹ 13,32,521	₹ 11,19,990
Creative 1.2 Revotron Petrol 6AMT DT	₹ 14,14,293	₹ 11,89,990
Creative 1.2 Revotron Petrol 7DCA DT	₹ 14,72,702	₹ 12,39,990
Creative 1.5 Revotorq Diesel 6MT DT	₹ 15,21,769	₹ 12,59,990
Creative 1.5 Revotorq Diesel 6AMT DT	₹ 15,93,084	₹ 13,19,990
Creative Plus 1.2 Revotron Petrol 6MT	₹ 14,02,612	₹ 11,79,990
Creative Plus 1.2 Revotron Petrol 6MT DT	₹ 14,14,293	₹ 11,89,990
Creative Plus S 1.2 Revotron Petrol 6MT	₹ 14,61,020	₹ 12,29,990
Creative Plus S 1.2 Revotron Petrol 6MT DT	₹ 14,72,702	₹ 12,39,990
Creative Plus 1.2 Revotron Petrol 6AMT	₹ 14,84,384	₹ 12,49,990
Creative Plus 1.2 Revotron Petrol 6AMT DT	₹ 14,96,065	₹ 12,59,990
Creative Plus S 1.2 Revotron Petrol 6AMT	₹ 15,42,792	₹ 12,99,990
Creative Plus S 1.2 Revotron Petrol 6AMT DT	₹ 15,54,474	₹ 13,09,990
Creative Plus 1.2 Revotron Petrol 7DCA	₹ 15,42,792	₹ 12,99,990
Creative Plus 1.2 Revotron Petrol 7DCA DT	₹ 15,54,474	₹ 13,09,990
Creative Plus S 1.2 Revotron Petrol 7DCA	₹ 16,01,201	₹ 13,49,990
Creative Plus S 1.2 Revotron Petrol 7DCA DT	₹ 16,12,882	₹ 13,59,990
Creative Plus 1.5 Revotorq Diesel 6MT	₹ 15,93,084	₹ 13,19,990
Creative Plus 1.5 Revotorq Diesel 6MT DT	₹ 16,04,969	₹ 13,29,990
Creative Plus S 1.5 Revotorq Diesel 6MT	₹ 16,52,512	₹ 13,69,990
Creative Plus S 1.5 Revotorq Diesel 6MT DT	₹ 16,64,398	₹ 13,79,990
Creative Plus 1.5 Revotorq Diesel 6AMT	₹ 16,76,284	₹ 13,89,990
Creative Plus 1.5 Revotorq Diesel 6AMT DT	₹ 16,88,169	₹ 13,99,990
Creative Plus S 1.5 Revotorq Diesel 6AMT	₹ 17,35,712	₹ 14,39,990
Creative Plus S 1.5 Revotorq Diesel 6AMT DT	₹ 17,47,598	₹ 14,49,990
Smart Plus 1.2 Revotron Petrol 5MT	₹ 10,45,865	₹ 8,89,990
Smart Plus S 1.2 Revotron Petrol 5MT	₹ 11,03,264	₹ 9,39,990
Fearless 1.5 Revotorq Diesel 6MT DT	₹ 16,88,169	₹ 13,99,990
Fearless 1.5 Revotorq Diesel 6AMT DT	₹ 17,71,369	₹ 14,69,990
Fearless 1.2 Revotron Petrol 6MT DT	₹ 14,96,065	₹ 12,59,990
Fearless Plus S 1.2 Revotron Petrol 7DCA DT	₹ 17,53,063	₹ 14,79,990
Fearless Plus S 1.5 Revotorq Diesel 6MT DT	₹ 18,07,026	₹ 14,99,990
Fearless Plus S 1.5 Revotorq Diesel 6AMT DT	₹ 18,82,421	₹ 15,59,990
Fearless Plus S Purple 1.2 Revotron Petrol 7DCA DT	₹ 17,53,063	₹ 14,79,990
Fearless Purple 1.2 Revotron Petrol 7DCA Dual Tone	₹ 16,36,246	₹ 13,79,990
Fearless Purple 1.5 Revotorq Diesel 6MT Dual Tone	₹ 16,88,169	₹ 13,99,990
Fearless Purple 1.5 Revotorq Diesel 6AMT Dual Tone	₹ 17,71,369	₹ 14,69,990
Fearless S Purple 1.2 Revotron Petrol 6MT Dual Tone	₹ 15,54,474	₹ 13,09,990
Fearless S Purple 1.2 Revotron Petrol 7DCA Dual Tone	₹ 16,94,654	₹ 14,29,990
Fearless S Purple 1.5 Revotorq Diesel 6MT Dual Tone	₹ 17,47,598	₹ 14,49,990
Fearless S Purple 1.5 Revotorq Diesel 6AMT Dual Tone	₹ 18,22,992	₹ 15,09,990
Fearless 1.2 Revotron Petrol 7DCA DT	₹ 16,36,246	₹ 13,79,990
Fearless S 1.2 Revotron Petrol 6MT DT	₹ 15,54,474	₹ 13,09,990
Fearless Purple 1.2 Revotron Petrol 6MT	₹ 15,54,474	₹ 13,09,990
Fearless S 1.5 Revotorq Diesel 6MT DT	₹ 17,47,598	₹ 14,49,990
Fearless S 1.5 Revotorq Diesel 6AMT DT	₹ 18,22,992	₹ 15,09,990
Fearless Plus 1.2 Revotron Petrol 7DCA Dual Tone	₹ 16,94,654	₹ 14,29,990
Fearless Plus 1.5 Revotorq Diesel 6MT DT	₹ 17,47,598	₹ 14,49,990
Fearless Plus Purple 1.5 Revotorq Diesel 6MT Dual Tone	₹ 17,47,598	₹ 14,49,990
Fearless Plus 1.5 Revotorq Diesel 6AMT DT	₹ 18,22,992	₹ 15,09,990
Fearless Plus Purple 1.5 Revotorq Diesel 6AMT Dual Tone	₹ 18,22,992	₹ 15,09,990
Fearless Plus 1.2 Revotron Petrol 6MT	₹ 15,54,474	₹ 13,09,990
Fearless Plus S 1.2 Revotron Petrol 6MT DT	₹ 16,12,882	₹ 13,59,990
Fearless Plus 1.2 Revotron Petrol 7DCA DT	₹ 16,94,654	₹ 14,29,990
Creative 1.2 Revotron Petrol 6MT Dark Edition	₹ 13,61,726	₹ 11,44,990
Creative 1.2 Revotron Petrol 6AMT Dark Edition	₹ 14,43,498	₹ 12,14,990
Creative 1.2 Revotron Petrol 7DCA Dark Edition	₹ 15,01,906	₹ 12,64,990
Creative Plus 1.2 Revotron Petrol 6MT Dark Edition	₹ 14,43,498	₹ 12,14,990
Creative Plus 1.2 Revotron Petrol 7DCA Dark Edition	₹ 15,83,678	₹ 13,34,990
Creative Plus 1.2 Revotron Petrol 6AMT Dark Edition	₹ 15,25,270	₹ 12,84,990
Creative Plus S 1.2 Revotron Petrol 6AMT Dark Edition	₹ 15,83,678	₹ 13,34,990
Creative Plus S 1.2 Revotron Petrol 6MT Dark Edition	₹ 15,01,906	₹ 12,64,990
Creative Plus S 1.2 Revotron Petrol 7DCA Dark Edition	₹ 16,42,087	₹ 13,84,990
Fearless 1.2 Revotron Petrol 7DCA Dark Edition	₹ 16,77,132	₹ 14,14,990
Fearless Plus S 1.2 Revotron Petrol 7DCA Dark Edition	₹ 17,76,426	₹ 14,99,990
Fearless 1.2 Revotron Petrol 6MT Dark Edition	₹ 15,36,951	₹ 12,94,990
Fearless S 1.2 Revotron Petrol 6MT Dark Edition	₹ 16,36,246	₹ 13,79,990
Creative 1.5 Revotorq Diesel 6AMT Dark Edition	₹ 16,22,798	₹ 13,44,990
Creative Plus 1.5 Revotorq Diesel 6AMT Dark Edition	₹ 17,17,884	₹ 14,24,990
Creative 1.5 Revotorq Diesel 6MT Dark Edition	₹ 15,51,484	₹ 12,84,990
Creative Plus 1.5 Revotorq Diesel 6MT Dark Edition	₹ 16,34,684	₹ 13,54,990
Creative Plus S 1.5 Revotorq Diesel 6AMT Dark Edition	₹ 17,77,312	₹ 14,74,990
Fearless 1.5 Revotorq Diesel 6MT Dark Edition	₹ 17,29,769	₹ 14,34,990
Fearless 1.5 Revotorq Diesel 6AMT Dark Edition	₹ 18,17,049	₹ 15,04,990
Fearless Plus S 1.5 Revotorq Diesel 6AMT Dark Edition	₹ 19,06,192	₹ 15,79,990
Fearless Plus S 1.5 Revotorq Diesel 6MT Dark Edition	₹ 18,34,878	₹ 15,19,990
Smart Plus 1.2 Revotron Petrol 6AMT	₹ 11,37,703	₹ 9,69,990
Pure 1.2 Revotron Petrol 6AMT	₹ 12,50,749	₹ 10,49,990
Pure S 1.2 Revotron Petrol 6AMT	₹ 13,09,158	₹ 10,99,990
Creative Plus S 1.5 Revotorq Diesel 6MT Dark Edition	₹ 16,94,112	₹ 14,04,990
Pure 1.5 Revotorq Diesel 6AMT	₹ 14,26,684	₹ 11,79,990
Pure S 1.5 Revotorq Diesel 6AMT	₹ 14,86,112	₹ 12,29,990
Smart (O) 1.2 Revotron Petrol 5MT	₹ 9,39,488	₹ 7,99,990
Smart Plus 1.2 Revotorq Diesel 6MT	₹ 11,92,542	₹ 9,99,990
Smart Plus S 1.2 Revotorq Diesel 6MT	₹ 12,72,169	₹ 10,49,990

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 Nexon Smart Plus 1.2 Revotron Petrol 5MT will be ₹ 16,301 but you will have to pay interest of ₹ 4,79,294 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 ₹ 32,774, but your interest payment will be only ₹ 2,89,874 over the 3 years period.

₹ 18,046
Tata Nexon price starts from ₹ 10,45,865 in Kankavali.

We have considered
Down-payement : ₹ 1,55,875
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 3,49,000

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 Nexon starts from ₹ 10.46 Lakh, you can get a loan with an annual income as low as ₹ 3.49 lakh.

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

• 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.