Tata Nexon EV Car Loan EMI Calculator
Tata Nexon EV EMI starts at 29,380 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 0.84 Lakh. Tata Nexon EV price starts at ₹ 15.33 Lakh and goes up to ₹ 20.67 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
Creative Plus Medium Range
City
Mumbai
Adjust Nexon EV Car Loan Parameters
On-Road Price
₹ 15,32,518₹ 29,380 for 5 Years
Tata Nexon EV Loan Repayment Schedule
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 | ₹ 2,45,519 | ₹ 1,07,041 | ₹ 12,03,481 |
24 | ₹ 2,65,897 | ₹ 86,663 | ₹ 9,37,584 |
36 | ₹ 2,87,966 | ₹ 64,594 | ₹ 6,49,618 |
48 | ₹ 3,11,867 | ₹ 40,693 | ₹ 3,37,751 |
60 | ₹ 3,37,751 | ₹ 14,807 | ₹ 0 |
Tata Nexon EV EMI
Tata Nexon EV Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 83,518
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
Creative Plus Medium Range ₹ 15,32,518 | ₹83,518 | ₹29,380 |
Fearless Medium Range ₹ 16,93,356 | ₹94,356 | ₹32,422 |
Fearless Long Range ₹ 18,05,093 | ₹1,06,093 | ₹34,450 |
Fearless Plus Medium Range ₹ 17,45,608 | ₹96,608 | ₹33,436 |
Fearless Plus Long Range ₹ 18,57,433 | ₹1,08,433 | ₹35,463 |
Fearless Plus S Medium Range ₹ 17,97,861 | ₹98,861 | ₹34,450 |
Fearless Plus S Long Range ₹ 19,09,773 | ₹1,10,773 | ₹36,477 |
Empowered Medium Range ₹ 18,50,114 | ₹1,01,114 | ₹35,463 |
Empowered Plus Long Range ₹ 20,45,858 | ₹1,16,858 | ₹39,113 |
Empowered Plus Long Range Dark Edition ₹ 20,66,794 | ₹1,17,794 | ₹39,519 |
Check Car Loan EMIs of Tata Nexon EV Similar Cars
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Explore more about Tata Nexon EV
Nexon EV EMI FAQs
Here is how - Tata Nexon EV price starts from ₹ 15,32,518 in Mumbai. If you pay a down payment of ₹ 83,518 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 29,380.
Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.
Version | On-road price in Mumbai | Max Loan |
---|---|---|
Creative Plus Medium Range | ₹ 15,32,518 | ₹ 14,49,000 |
Fearless Medium Range | ₹ 16,93,356 | ₹ 15,99,000 |
Fearless Long Range | ₹ 18,05,093 | ₹ 16,99,000 |
Fearless Plus Medium Range | ₹ 17,45,608 | ₹ 16,49,000 |
Fearless Plus Long Range | ₹ 18,57,433 | ₹ 17,49,000 |
Fearless Plus S Medium Range | ₹ 17,97,861 | ₹ 16,99,000 |
Fearless Plus S Long Range | ₹ 19,09,773 | ₹ 17,99,000 |
Empowered Medium Range | ₹ 18,50,114 | ₹ 17,49,000 |
Empowered Plus Long Range | ₹ 20,45,858 | ₹ 19,29,000 |
Empowered Plus Long Range Dark Edition | ₹ 20,66,794 | ₹ 19,49,000 |
As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.
- 1. If you select a higher tenure loan, let's say 7 years, your EMI for Nexon EV Creative Plus Medium Range will be ₹ 23,886 but you will have to pay interest of ₹ 5,57,424 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 ₹ 48,024, but your interest payment will be only ₹ 2,79,864 over the 3 years period.