Chevrolet Tavera Car Loan EMI Calculator

₹ 13,301.
Here is how - Chevrolet Tavera price starts from ₹ 7,39,772 in Jodhpur. If you pay a down payment of ₹ 83,781 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 13,301.

The cheapest Tavera model is NY B1 10-Str BS-III which is priced at ₹ 7,39,772 in Jodhpur. You will need to pay at least a ₹ 83,781 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 Tavera.

Version	On-road price in Jodhpur	Max Loan
B1 7-Seater - BS III	₹ 7,75,473	₹ 6,87,992
B1 10-Seater - BS III	₹ 7,62,191	₹ 6,76,086
NY B1 7-Str BS-III	₹ 7,53,267	₹ 6,68,087
NY B1 10-Str BS-III	₹ 7,39,772	₹ 6,55,991
NY B2 7-Str BS-III	₹ 8,47,193	₹ 7,52,277
NY B2 10-Str BS-III	₹ 8,33,696	₹ 7,40,180
Neo LS B3 10-Str BS-III	₹ 9,36,295	₹ 8,29,454
Neo LS - B3 7-Seater - BS III	₹ 11,69,529	₹ 10,26,503
Neo LT L 7-Str BS-III	₹ 11,74,619	₹ 10,24,704
Neo LT L 9-Str BS-III	₹ 10,55,711	₹ 9,36,492
Neo SS D1 7-Str BS-III	₹ 11,60,960	₹ 10,12,676
Neo SS D1 8-Str BS-III	₹ 11,12,405	₹ 9,87,308
Neo LS B4 7-Str BS-III	₹ 9,14,869	₹ 8,10,249
Neo LS B4 7-Captain BS-III	₹ 9,27,316	₹ 8,21,406
Neo 3-10 STR BS-III	₹ 9,38,336	₹ 8,20,911
Neo 3 Max -10 STR BS-III	₹ 10,44,370	₹ 9,15,203
Neo 3 LS- 10 STR BS-III	₹ 11,38,816	₹ 9,99,191
Neo 3 LT- 8 STR BS-III	₹ 13,02,363	₹ 11,48,549
Neo 3-7 STR BS-III	₹ 8,10,903	₹ 7,19,749
Neo 3-10 STR BS-IV	₹ 8,50,070	₹ 7,54,856
Neo 3 Max -7 STR BS-III	₹ 10,40,284	₹ 9,15,458
Neo 3 Max -10 STR BS-IV	₹ 9,39,456	₹ 8,32,287
Neo 3 Max -7 STR BS-IV	₹ 9,75,926	₹ 8,64,977
Neo 3 LS- 7 STR BS-III	₹ 11,67,441	₹ 10,24,646
Neo 3 LS- 7(C) STR BS-III	₹ 11,82,458	₹ 10,38,000
Neo 3 LS- 10 STR BS-IV	₹ 10,26,417	₹ 9,10,234
Neo 3 LS- 7 STR BS-IV	₹ 10,55,738	₹ 9,36,516
Neo 3 LS- 7(C) STR BS-IV	₹ 10,68,311	₹ 9,47,785
Neo 3 LT- 9 STR BS-III	₹ 12,97,910	₹ 11,40,668
Neo 3 LT- 7(C) STR BS-III	₹ 13,32,907	₹ 11,75,714
Neo 3 LT- 7(C) STR BS-IV	₹ 12,80,446	₹ 11,17,891
Neo 3 LT- 8 STR BS-IV	₹ 12,50,756	₹ 10,91,747
Neo 3 LT- 9 STR BS-IV	₹ 11,95,889	₹ 10,43,434
Neo 3 Max -9 STR BS-III	₹ 10,43,697	₹ 9,14,605
Neo 3-9 STR BS III	₹ 9,37,736	₹ 8,20,377
Neo 3 LS-9 STR-BSIII	₹ 11,38,085	₹ 9,98,540
Base 10 STR	₹ 9,78,025	₹ 8,34,557
Max 10 STR	₹ 10,60,664	₹ 9,06,576
LS 10 STR	₹ 11,79,182	₹ 10,03,304
LS 9 STR	₹ 11,31,013	₹ 9,67,883
LS 7 STR	₹ 11,44,470	₹ 9,79,611
LS 7(C) STR	₹ 11,66,623	₹ 9,92,430
LT 9 STR	₹ 12,60,467	₹ 10,73,681

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 Tavera NY B1 10-Str BS-III will be ₹ 11,530 but you will have to pay interest of ₹ 3,12,529 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 ₹ 23,182, but your interest payment will be only ₹ 1,78,561 over the 3 years period.

₹ 13,301
Chevrolet Tavera price starts from ₹ 7,39,772 in Jodhpur.

We have considered
Down-payement : ₹ 83,781
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 2,47,000

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 Tavera starts from ₹ 7.40 Lakh, you can get a loan with an annual income as low as ₹ 2.47 lakh.

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

• 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.