Interest Component | ₹1,29,940 (17.8%) |
Principal Component | ₹5,99,900 (82.2%) |
Total Payable over 5 Years | ₹ 7,29,840 |
Versions XE Rhytm Petrol |
City Mumbai |
On-Road Price | ₹7,06,804 |
Ex-Showroom Price | ₹5,99,900 |
Max Loan Amount | ₹5,99,900 |
Down Payment as per your Selection |
₹1,06,904 |
Loan Amount | ₹5,99,900 |
EMI Amount | ₹12,164 |
Interest Component | ₹1,29,940 (17.8%) |
Principal Component | ₹5,99,900 (82.2%) |
Total Payable over 5 Years | ₹ 7,29,840 |
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 | ₹1,01,647 | ₹44,319 | ₹4,98,253 |
24 | ₹1,10,084 | ₹35,882 | ₹3,88,169 |
36 | ₹1,19,221 | ₹26,745 | ₹2,68,948 |
48 | ₹1,29,116 | ₹16,850 | ₹1,39,832 |
60 | ₹1,39,832 | ₹6,133 | ₹0 |
Tata Altroz Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹1.07 Lakh
On-Road Price in Mumbai | Down Payment | EMI |
XE Petrol ₹8,63,876 |
₹2,43,976* | ₹12,569 |
XE Plus Petrol ₹9,11,233 |
₹2,56,333* | ₹13,279 |
XM Petrol Plus ₹9,92,415 |
₹2,77,515* | ₹14,496 |
XE Diesel ₹10,45,462 |
₹3,02,562* | ₹15,063 |
XT Petrol ₹10,60,067 |
₹2,95,167* | ₹15,509 |
XE Plus Diesel ₹10,89,412 |
₹3,14,512* | ₹15,712 |
XZ Petrol ₹11,30,720 |
₹3,15,820* | ₹16,523 |
XT i-Turbo Petrol ₹11,44,250 |
₹3,19,350* | ₹16,726 |
XZ (O) Petrol ₹11,46,956 |
₹3,20,056* | ₹16,767 |
XM Plus Diesel ₹11,74,819 |
₹3,39,919* | ₹16,929 |
XZ Plus Petrol ₹11,98,373 |
₹3,33,473* | ₹17,537 |
XZ (O) i-Turbo Petrol ₹12,28,139 |
₹3,41,239* | ₹17,983 |
XZ i-Turbo Petrol ₹12,28,139 |
₹3,41,239* | ₹17,983 |
XZ Plus Petrol Dark Edition ₹12,38,964 |
₹3,44,064* | ₹18,145 |
XT Diesel ₹12,43,493 |
₹3,58,593* | ₹17,943 |
XZ Plus i-Turbo Petrol ₹12,79,555 |
₹3,54,655* | ₹18,754 |
XZ Diesel ₹13,12,165 |
₹3,77,265* | ₹18,956 |
XZ Plus i-Turbo Petrol Dark Edition ₹13,20,147 |
₹3,65,247* | ₹19,362 |
XZ (O) Diesel ₹13,28,645 |
₹3,81,745* | ₹19,200 |
XZ Plus Diesel ₹13,80,838 |
₹3,95,938* | ₹19,970 |
₹12,164.
Here is how - Tata Altroz price starts from ₹7,06,804 in Mumbai. If you pay a down payment of ₹1,06,904 for a 5-year loan available at an 8% interest rate, your EMI amount will be ₹12,164.
The cheapest Altroz model is XE Rhytm Petrol which is priced at ₹12,164 in Delhi.
You will need to pay at least a ₹60,310 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 Altroz.
Version | On-road price Mumbai | Max Loan |
XE Rhytm Petrol | 706804 | 599900 |
XE Petrol | 863876 | 619900 |
XM Petrol | 764330 | 649900 |
XE Plus Petrol | 911233 | 654900 |
XM Style Petrol | 788767 | 664500 |
XM Rhytm Petrol | 794564 | 669500 |
XM Rhytm Plus Style Petrol | 823947 | 694500 |
XM Plus Petrol | 992415 | 714900 |
XE Rhytm Diesel | 868258 | 727500 |
XE Diesel | 1045462 | 742900 |
XT Luxe Petrol | 890788 | 752500 |
XM Diesel | 911510 | 764900 |
XT Petrol | 1060067 | 764900 |
XE Plus Diesel | 1089412 | 774900 |
XM Style Diesel | 949788 | 789500 |
XM Rhytm Diesel | 955687 | 794500 |
XZ Urban Petrol | 946434 | 800500 |
XT Petrol Dark Edition | 1115924 | 810900 |
XZ Petrol | 1130720 | 814900 |
XM Rhytm Plus Style Diesel | 985180 | 819500 |
XMA Plus Petrol | 1144250 | 824900 |
XT i-Turbo Petrol | 1144250 | 824900 |
XZ (O) Petrol | 1146956 | 826900 |
XM Plus Diesel | 1174819 | 834900 |
XZ Plus Petrol | 1198373 | 864900 |
XT Luxe Diesel | 1041806 | 867500 |
XT i-Turbo Petrol Dark Edition | 1194250 | 870900 |
XTA Petrol | 1211903 | 874900 |
XT Diesel | 1243493 | 884900 |
XZ (O) i-Turbo Petrol | 1228139 | 886900 |
XZ i-Turbo Petrol | 1228139 | 886900 |
XZ Plus Petrol Dark Edition | 1238964 | 894900 |
XZ Urban Diesel | 1098432 | 915500 |
XZ Diesel Dark Edition | 1282527 | 918900 |
XTA Petrol Dark Edtion | 1274142 | 920900 |
XZ Plus i-Turbo Petrol | 1279555 | 924900 |
XZA Petrol | 1279555 | 924900 |
XZ Diesel | 1312165 | 934900 |
XZA (O) Petrol | 1295791 | 936900 |
XZ (O) Diesel | 1328645 | 946900 |
XZ Plus i-Turbo Petrol Dark Edition | 1320147 | 954900 |
XZA Plus Petrol | 1347208 | 974900 |
XZ Plus Diesel | 1380838 | 984900 |
XZA Plus Petrol Dark Edtion | 1381155 | 999990 |
XZ Plus Diesel Dark Edition | 1443851 | 1014900 |
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 Altroz will be ₹9,350 but you will have to pay interest of ₹1,85,500 over the period of 7 years.
2. If you select a lower tenure loan, let's say 3 years, amount will be higher at ₹31,803, but your interest payment will be only ₹1,30,008 over the period of 3 years period.
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