Tata Hexa Car Loan EMI Calculator

₹ 27,784.
Here is how - Tata Hexa price starts from ₹ 15,78,577 in Jagraon. If you pay a down payment of ₹ 2,08,311 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 27,784.

The cheapest Hexa model is XE 4x2 7 STR which is priced at ₹ 15,78,577 in Jagraon. You will need to pay at least a ₹ 2,08,311 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 Jagraon	Max Loan
XE 4x2 7 STR	₹ 15,78,577	₹ 13,70,266
XM 4x2 7 STR	₹ 17,62,862	₹ 15,30,522
XM Plus 4x2 7 STR	₹ 18,84,357	₹ 16,38,520
XMA 4x2 7 STR	₹ 19,01,787	₹ 16,54,014
XT 4x2 7 STR	₹ 20,65,674	₹ 17,99,694
XTA 4x2 7 STR	₹ 21,95,514	₹ 19,15,111
XT 4x4 7 STR	₹ 22,14,382	₹ 19,31,882
XT 4x2 6 STR	₹ 20,65,674	₹ 17,99,694
XTA 4x2 6 STR	₹ 21,95,514	₹ 19,15,111
XT 4x4 6 STR	₹ 22,14,382	₹ 19,31,882
XE 4x2 6 STR	₹ 15,78,577	₹ 13,70,266
XT 4x2 Dual Tone 7 STR	₹ 19,93,658	₹ 17,35,679
XT 4x2 Dual Tone 6 STR	₹ 19,93,658	₹ 17,35,679
XTA 4x2 Dual Tone 7 STR	₹ 21,23,499	₹ 18,51,096
XTA 4x2 Dual Tone 6 STR	₹ 21,23,499	₹ 18,51,096
XT 4x4 Dual Tone 7 STR	₹ 21,42,366	₹ 18,67,867
XT 4x4 Dual Tone 6 STR	₹ 21,42,366	₹ 18,67,867

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 ₹ 24,604 but you will have to pay interest of ₹ 6,96,470 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 ₹ 49,467, but your interest payment will be only ₹ 4,10,546 over the 3 years period.

₹ 27,784
Tata Hexa price starts from ₹ 15,78,577 in Jagraon.

We have considered
Down-payement : ₹ 2,08,311
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 ₹ 5,27,000

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 ₹ 15.79 Lakh, you can get a loan with an annual income as low as ₹ 5.27 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.