Tata punch on car loan: Tata Panch became the most selling SUV sold in 2024 last year. This Tata car from Global NCAP has also received a 5-star safety rating in the crash test. The ex-showroom price of this Tata car starts from six lakh rupees to Rs 10.32 lakh. Total 31 variants of this car are included in the Indian market. This train comes with five color options.
Loan to buy tata punch
The cheapest model of Tata Panch Pure MT has an on-road price of Rs 6,88,250. You can get a loan of 6.20 lakh rupees to buy this vehicle. To buy this Tata car on a loan, you have to make a down payment of about 68 rupees. If you deposit more amount in down payment, then accordingly your EMI will be reduced. If the bank imposes 9 percent interest on the loan taken for this Tata car, then according to this interest, every month a fixed amount will have to be deposited in the bank as EMI.
- If you want to fill EMI of only 10 thousand rupees every month to buy Tata Panch on loan, then you will have to take a loan for seven years.
- If you can deposit more amount installments than this, then you can take a loan for a short time. If you take a loan for six years, then an EMI of Rs 11,200 will have to be filled every month with 9 percent interest.
- If you take a loan for five years to buy this Tata car and the bank imposes 9 % interest on this loan, then the installment of Rs 12,900 will be deposited in the bank every month.
- If a loan is taken for four years to buy punch, then an EMI bank of Rs 15,500 will be deposited every month with 9 percent interest.
To buy Tata Panch, it is necessary to read all the documents carefully before taking a loan from any bank. According to different policy of banks, the difference in these figures can be seen.
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