Tata Punch

On Road Price Price Details

₹ 7,36,686

Loan Amount

₹ 6,63,017

Estimated Monthly Payment

₹ 13,667/month

Interest Rate 8.7 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.30 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.40 %

Processing Fee: ₹ 3,683

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.70 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 6,63,017₹ 53,339₹ 5,52,354
2₹ 5,52,354₹ 43,318₹ 4,31,670
3₹ 4,31,670₹ 32,389₹ 3,00,058
4₹ 3,00,058₹ 20,471₹ 1,56,528
5₹ 1,56,528₹ 7,474₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 6,63,017, EMI of ₹ 13,667, tenure of 5 years, interest rate of 8.7% p.a