If you are planning to buy the base variant of Tata Punch, then this news is for you only. Here we are giving you complete information about buying the base variant Pure (Petrol) of Tata Punch on finance i.e. loan. If you are going to make a down payment of Rs 2 lakh to buy it, then how much loan will you have to take for it and how much EMI i.e. installment will you have to pay every month.
Tata Punch Base Variant (Pure) – Price, Loan & EMI Details
Tata Punch Pure Ex-Showroom & On-Road Price
Pure is offered as the base variant of this Punch. Its ex-showroom price in Delhi is Rs 5,99,900 (Rs 5.99 lakh). Its on-road price (Rs 31,367 RTO, Rs 30,932 insurance and all other things included) reaches Rs 6,62,199 (Rs 6.62 lakh).
Tata Punch EMI Breakdown for ₹2 Lakh Down Payment
If you are planning to buy this Punch Pure and for this you make a down payment of Rs 2 lakh. On making this much down payment, you will have to take a loan of Rs 4,62,199 (Rs 4.62 lakh) from the bank. If you get a car loan at an interest rate of nine percent and that too for five years, then you will have to pay Rs 9,594 every month as EMI i.e. installment.
Total Cost After 5 Years – Interest & Final Amount
If you take this loan for five years at a rate of nine percent to buy Tata Punch Pure, then you will have to pay a total of Rs 1,13,470 (Rs 1.13 lakh) as interest. After which you will have to pay a total of Rs 7,75,669 (Rs 7.75 lakh) for Tata Punch Pure (including Rs 1.13 lakh interest rate and Rs 2 lakh down payment).
