Tata Punch Car Loan EMI Downpayment Details: Domestic car company Tata Motors launched its hottest SUV Tata Punch last year and this SUV under 6 lakhs has created a stir in the affordable SUV segment along with hatchbacks and sedans in India. Tata Punch is making its way into the top 10 best selling cars every month. In such a situation, if you too are planning to buy Tata Punch these days, then let us tell you that its base model Tata Punch Pure and the third cheapest variant Tata Punch Adventure can be financed by just down payment of one lakh rupees. After this, see all the details of how much loan will be available and from what interest, how much EMI will be made.
Punch price starts from Rs 5.93 lakh
First of all, let us tell you about the price and features of Tata Punch. The popular Tata Punch in the micro SUV segment is offered in 22 variants across 5 trim levels namely Pure, Adventure, Accomplished, Creative and Kaziranga Edition with prices ranging from Rs 5.93 lakh to Rs 9.49 lakh (ex-showroom). This small SUV with 1199 cc petrol engine is available in manual and automatic transmission options and their mileage is up to 18.97 kmpl. Let us now tell you the Tata Punch car loan, EMI and downpayment details.
Tata Punch Pure Loan EMI Downpayment Details
Tata Punch’s base model Punch Pure has an ex-showroom price of Rs 5.93 Lakh and an on-road price of Rs 6.52 Lakh. If you make Punch Pure Finance by paying a down payment of Rs 1 lakh (processing fee as well as on road charges and first month EMI), then according to CarDekho EMI calculator you will get a loan of Rs 5,52,030. If the interest rate remains 9.8%, then for the next 5 years, you will have to pay Rs 11,675 as installment every month. If you finance Tata Punch Pure, you will get interest of about 1.5 lakh rupees.
Tata Punch Adventure Loan EMI Downpayment Details
The ex-showroom price of Tata Punch Adventure is Rs 6.70 Lakh and the on-road price is Rs 7.54 Lakh. If you finance the Punch Adventure variant by paying a down payment of Rs 1 lakh (processing fee plus on-road charges and first month EMI), then you will get a loan of Rs 6,54,194 at 9.8% interest rate as per CarDekho EMI calculator. . After this, you will have to pay an installment of Rs 13,835 every month for the next 5 years. On financing the Tata Punch Adventure variant, you will get an interest of Rs 1.75 lakh.
Disclaimer: Before financing any variant of the Tata Punch, check the loan, EMI, downpayment and interest rate details first by visiting a Tata Motors dealership.