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Tata Tigor EV Car Loan EMI Calculator

Best Tata Tigor EV Car Loan EMI Calculator With Downpayment - Check out the Cheapest Tata Tigor EV Car Loan EMI Calculator With Downpayment from all banks with lower inerest rates, Loan for 5 Years, 7 Years and 8 Years plan with minimum eligibility and documentations with Private Banks and Govt Banks. Check out the Interest Rates of Hyunday Car Loan EMI of All Private and Government Banks HDFC Bank, ICICI Bank, Syndicate Bank, SBI Bank, Kotak Mahindra Bank, Canara Bank, IDBI First Bank, HSBC Bank, Punjab National Bank and many more.

Tata Tigor EV

The EMI for a Tata Tigor EV starts at ₹ 26,244 per month for a 60-month term at 9.8 percent for a loan amount of ₹ 13.14 Lakh*. The AutoSpyders EMI Calculator tool provides a full breakdown of the entire due amount and assists you in choosing the best vehicle loan for your Tigor EV.

Tata Tigor EV Down Payment and EMI

Tata Tigor EV VARIANTS
LOAN @ RATE%
DOWN PAYMENT
EMI AMOUNT (60 MONTHS)
EMI AMOUNT (84 MONTHS)
Tata Tigor EV XE
9.8%
₹ 1,26,000
₹ 23,987
₹ 18,712
Tata Tigor EV XM
9.8%
₹ 1,31,000
₹ 24,973
₹ 19,481
Tata Tigor EV XZ Plus
9.8%
₹ 1,36,000
₹ 25,959
₹ 20,250
Tata Tigor EV XZ Plus Dual Tone
9.8%
₹ 1,38,000
₹ 26,244
₹ 20,473

Due to the many auto loan options given by various lenders, it is much easier to acquire your ideal car nowadays. Car loans are available with low interest rates and up to an 8-year payback period. A Car Loan EMI Calculator is available from a variety of banks and third-party websites, and it helps you to calculate the Equated Monthly Instalments (EMIs) that must be paid. AutoSpyder's Car Loan EMI Calculator is simple to use and completely free. To calculate the EMI, basic information such as the payback term, principle amount, and interest rate must be input.

Car Loan EMI Structure of Tata Tigor EV XE

Model Name

Tata Tigor EV XE

Price

₹ 11.99 Lakh* (Ex-Showroom)

Loan Amount

₹ 11,34,215

Downpayment

₹ 1,26,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 1,97,318
₹ 3,05,020
₹ 2,80,551
₹ 4,37,619
Total Amount Payable
₹ 13,31,533
₹ 14,39,235
₹ 14,14,766
₹ 15,71,834

Monthly EMI

₹ 22,192

₹ 23,987

₹ 16,842

₹ 18,712

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

Car Loan EMI Structure of Tata Tigor EV XM

Model Name

Tata Tigor EV XM

Price

₹ 12.49 Lakh* (Ex-Showroom)

Loan Amount

₹ 11,80,821

Downpayment

₹ 1,31,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 2,05,426
₹ 3,17,554
₹ 2,92,079
₹ 4,55,601
Total Amount Payable
₹ 13,86,247
₹ 14,98,375
₹ 14,72,900
₹ 16,36,422

Monthly EMI

₹ 23,104

₹ 24,973

₹ 17,535

₹ 19,481

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

Car Loan EMI Structure of Tata Tigor EV XZ Plus

Model Name

Tata Tigor EV XZ Plus

Price

₹ 12.99 Lakh* (Ex-Showroom)

Loan Amount

₹ 12,27,427

Downpayment

₹ 1,36,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 2,13,534
₹ 3,30,087
₹ 3,03,607
₹ 4,73,583
Total Amount Payable
₹ 14,40,961
₹ 15,57,514
₹ 15,31,034
₹ 17,01,010

Monthly EMI

₹ 24,016

₹ 25,959

₹ 18,227

₹ 20,250

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

Car Loan EMI Structure of Tata Tigor EV XZ Plus Dual Tone

Model Name

Tata Tigor EV XZ Plus Dual Tone

Price

₹ 13.14 Lakh* (Ex-Showroom)

Loan Amount

₹ 12,40,909

Downpayment

₹ 1,38,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 2,15,880
₹ 3,33,713
₹ 3,06,942
₹ 4,78,785
Total Amount Payable
₹ 14,56,789
₹ 15,74,622
₹ 15,47,851
₹ 17,19,694

Monthly EMI

₹ 24,280

₹ 26,244

₹ 18,427

₹ 20,473

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

About Tata Tigor EV

The Tata Tigor EV comes in three different versions: XE, XM, and XZ+. On August 31, 2021, Tata Motors debuted the Tigor EV in India. It is the carmaker's most cost-effective electric vehicle.

The Tata Tigor EV is powered by a 26kWh lithium-ion battery pack that uses the brand's Ziptron technology. The electric vehicle produces 74 horsepower and 170 Nm of torque and accelerates from 0 to 60 kilometres per hour in 5.7 seconds. It also supports CCS2 charging, which includes rapid charging, as well as charging from any 15A outlet. The battery can be charged from zero to 80 percent in around 65 minutes when connected to a fast charger. Tata Motors also claims a 306-kilometer ARAI-certified range. The Tata Tigor EV has a length of 3,993mm, a height of 1,532mm, a width of 1,677mm, and a wheelbase of 2,450mm.

The Tata Tigor EV looks similar to its ICE sibling. Select stylistic features, such as blue accents on the blanked-out front grille with a tri-arrow pattern, bumper-mounted LED DRLs, and 14-inch hyperstyle wheels, are only available on this Tata Tigor EV. The cabin is decorated in black and white with blue accents around the air conditioning vents. Aside from that, it has a seven-inch Harman touchscreen infotainment system with four speakers and four tweeters, as well as a rear parking camera, automatic boot unlock, chilled glovebox, auto-folding ORVMs, and driver seat height adjustment.

Daytona Grey and Teal Blue are the two exterior colours available. With a black roof, you may have both colours. The Tata Tigor EV features a seating configuration that can accommodate five people. In the affordable electric car sector, the Tata Tigor EV has no direct competitors. However, it is Rs2 lakh cheaper than its elder sister, the Nexon EV.

Car Loan EMI Table

Loan amount (Rs.)
Interest rate
EMI for 2 years (Rs.)
EMI for 3 years (Rs.)
EMI for 4 years (Rs.)
EMI for 5 years (Rs.)
EMI for 6 years (Rs.)
EMI for 7 years (Rs.)
1 lakh
9.75%
₹ 4,603
₹ 3,215
₹ 2,524
₹ 2,112
₹ 1,840
₹ 1,647
5 lakh
9.75%
₹ 23,015
₹ 16,075
₹ 12,621
₹ 10,562
₹ 9,200
₹ 8,236
10 lakh
9.75%
₹ 46,030
₹ 32,150
₹ 25,243
₹ 21,124
₹ 18,400
₹ 16,472
15 lakh
9.75%
₹ 69,044
₹ 48,225
₹ 37,864
₹ 31,686
₹ 27,600
₹ 24,708
20 lakh
9.75%
₹ 92,059
₹ 64,300
₹ 50,485
₹ 42,248
₹ 36,800
₹ 32,945
25 lakh
9.75%
₹ 1,15,074
₹ 80,375
₹ 63,107
₹ 52,811
₹ 46,000
₹ 41,181
30 lakh
9.75%
₹ 1,38,089
₹ 96,450
₹ 75,728
₹ 63,373
₹ 55,200
₹ 49,417
35 lakh
9.75%
₹ 1,61,104
₹ 1,12,525
₹ 88,349
₹ 73,935
₹ 64,400
₹ 57,653
Car Loan EMI Calculator

The Benefits of Using an EMI Calculator for a Car Loan

  • The Following is a breakdown of the due amount: The EMI calculator for a car loan allows you to determine the processing costs, interest paid, total amount due, and principle amount.
  • Your Budget Can Be Planned: Once you know how much EMI you'll have to pay, you can make a budget. If the loan amount is substantial, you may want to consider a longer repayment period. The vehicle loan EMI calculator can help you figure out these data.
  • Accuracy: The answers presented on the calculator are correct based on the information entered on the calculator. The results of manual computations may not be correct.
  • Saves Time: The main goal of the EMI calculator for a car loan is to save time. The results are presented relatively soon when the appropriate details are submitted.
  • No Limit: There is no limit to how many times you may use the calculator. As a result, you utilise the calculator to experiment with various options. This might assist you in determining the best lender and the required down payment.
  • Compare: You can compare the EMIs for different numbers because the calculator has no restriction on how many times it can be used.

New Car Loan Interest Rates Comparison Offered by Top Lenders

Name of the Lender Interest Rate (p.a.) Loan Amount Processing Fee
Union Bank of India 7.40% onwards Up to ₹ 125 lakh 0.25% to 0.50% of the loan amount
IDBI Bank 7.35% onwards (floating) Up to ₹ 25 lakh -
Axis Bank 7.45% onwards ₹ 1 lakh onwards ₹ 3,500 to ₹ 5,500
State Bank of India 7.20% onwards Up to 48 times of monthly income Nil (Until 31 January 2022)
Jammu And Kashmir Bank

RLLR + 0.75% onwards (floating)

RLLR + 1.50% onwards (fixed)

₹ 50 lakh 0.5% of loan amount Min: ₹ 1,500
Canara Bank Car Loan 7.30% onwards Up to 90% of the car's value 0.25% of loan amount Min: ₹ 1,000 Max: ₹ 5,000
Federal Bank Car Loan 8.50% onwards Up to 100% of the car's ex-showroom price ₹ 1,500 to ₹ 2,500
Bank of Baroda 7.00% onwards ₹ 1,500 (plus GST) 0.5% of loan amount Max: ₹ 10,000
Bank of India Car Loan 7.35% onwards ₹ 200 lakh 0.25% of loan amount

Car Loan Eligibility

Do you have questions regarding your auto loan eligibility and what you can do to improve your chances of being approved? BankBazaar provides you with all of the information you need about vehicle loan eligibility from the most reputable institutions. Get a trustworthy guide to selecting the best auto loan for you so you can make the best decision and apply for the best car loan right now. Your eligibility for a vehicle loan may differ depending on the lender, however many will look for the following criteria:

Particulars Details
Minimum Age of the Applicant 18 years
Maximum Age of the Applicant 60 years for salaried applicants and 65 years for self-employed applicants
Minimum Annual Income ₹ 3 lakh
Car Model Any approved car model
Type of Employment Salaried or self-employed
Country or Place of Residence India (rural/semi-urban/urban areas)
Duration of Stay in Current Residence A minimum of 1 year

How is EMI determined

The EMI for any type of loan is essentially calculated using a formula. The formula is as follows:

E = P x R x (1+R)^n / {(1+R)^n – 1}

where ‘E’ stands for the EMI you owe,

‘P’ stands for the principal amount,

‘R’ stands for the interest rate applicable to your car loan,

and ‘n’ stands for the tenure of the car loan (in months).

Disclaimer: The EMI Calculator's computation is based on the information you gave and is only intended to be used as a guide. The figures in this computation are in Indian Rupees and have been rounded to the nearest whole number. Monthly payments are estimated and do not include any processing or other fees that may apply depending on the financial institution / banks. All loan amounts are based on non-commercial use and are contingent on credit clearance from a third-party lender. Depending on the kind and use of the car, regional lender restrictions, and the quality of your credit, the actual down payment and resultant monthly payments may vary. For a precise monthly payment, check with your dealer.

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