Tata Hexa Car Loan EMI Calculator

₹ 26,872.
Here is how - Tata Hexa price starts from ₹ 15,54,459 in Moradabad. If you pay a down payment of ₹ 2,29,193 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 26,872.

The cheapest Hexa model is XE 4x2 7 STR which is priced at ₹ 15,54,459 in Moradabad. You will need to pay at least a ₹ 2,29,193 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 Hexa.

Version	On-road price in Moradabad	Max Loan
XE 4x2 7 STR	₹ 15,54,459	₹ 13,25,266
XM 4x2 7 STR	₹ 17,20,199	₹ 14,70,020
XM Plus 4x2 7 STR	₹ 18,47,853	₹ 15,78,017
XMA 4x2 7 STR	₹ 18,64,094	₹ 15,92,202
XT 4x2 7 STR	₹ 20,38,289	₹ 17,44,340
XTA 4x2 7 STR	₹ 21,68,938	₹ 18,58,447
XT 4x4 7 STR	₹ 21,88,028	₹ 18,75,120
XT 4x2 6 STR	₹ 20,38,289	₹ 17,44,340
XTA 4x2 6 STR	₹ 21,68,938	₹ 18,58,447
XT 4x4 6 STR	₹ 21,88,028	₹ 18,75,120
XE 4x2 6 STR	₹ 15,54,459	₹ 13,25,266
XT 4x2 Dual Tone 7 STR	₹ 20,16,516	₹ 17,25,325
XT 4x2 Dual Tone 6 STR	₹ 20,16,516	₹ 17,25,325
XTA 4x2 Dual Tone 7 STR	₹ 21,47,166	₹ 18,39,432
XTA 4x2 Dual Tone 6 STR	₹ 21,47,166	₹ 18,39,432
XT 4x4 Dual Tone 7 STR	₹ 21,66,256	₹ 18,56,105
XT 4x4 Dual Tone 6 STR	₹ 21,66,256	₹ 18,56,105

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 Hexa XE 4x2 7 STR will be ₹ 24,228 but you will have to pay interest of ₹ 7,09,886 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 ₹ 48,711, but your interest payment will be only ₹ 4,28,330 over the 3 years period.

₹ 26,872
Tata Hexa price starts from ₹ 15,54,459 in Moradabad.

We have considered
Down-payement : ₹ 2,29,193
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 5,19,000

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 Hexa starts from ₹ 15.54 Lakh, you can get a loan with an annual income as low as ₹ 5.19 lakh.

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

• 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.