Tata Tigor Car Loan EMI Calculator

₹ 12,772.
Here is how - Tata Tigor price starts from ₹ 6,29,900 in Sabarkantha. If you pay a down payment of ₹ 0 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 12,772.

Here is a model wise list of max loan amount for Tigor.

Version	On-road price in Sabarkantha	Max Loan
XM	₹ 7,56,867	₹ 6,79,900
XZ	₹ 8,10,981	₹ 7,29,900
XMA	₹ 8,21,804	₹ 7,39,900
XM CNG	₹ 8,59,684	₹ 7,74,900
XZ Plus	₹ 8,86,741	₹ 7,99,900
XZ CNG	₹ 9,16,798	₹ 8,24,900
XZA Plus	₹ 9,54,678	₹ 8,59,900
XZ Plus CNG	₹ 9,92,558	₹ 8,94,900
XZA ICNG	₹ 9,81,735	₹ 8,84,900
XZA Plus ICNG	₹ 10,57,495	₹ 9,54,900

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 Tigor XE will be ₹ 9,818 but you will have to pay interest of ₹ 1,94,812 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 ₹ 19,739, but your interest payment will be only ₹ 80,704 over the 3 years period.

₹ 12,772
Tata Tigor price starts from ₹ 6,29,900 in Sabarkantha.

We have considered
Down-payement : ₹ 0
Tenure : 5 years
Interest Rate : 8%

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

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 2,10,000

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 Tigor starts from ₹ 6.30 Lakh, you can get a loan with an annual income as low as ₹ 2.10 lakh.

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

• 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.