People with how much salary should buy Tata Punch, know

People with how much salary should buy Tata Punch, know

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Tata Punch is the country's best selling SUV. The company sells it at a starting ex-showroom price of only Rs 5,69,990. At the same time, its top spec variant goes up to Rs 10,66,990. In the market, this SUV competes with SUVs like Nissan Magnite and Hyundai Exter.

If you are also planning to buy this economical and value for money SUV in the coming days, then this article of ours is useful for you. In this article, we have brought details of Tata Punch from on-road price to EMI. Let us also take a look at its design and engine-mileage details.

Tata Punch On-Road Price

As told to you, Tata Punch can be purchased in the country's capital at a starting ex-showroom price of only ₹ 5,69,990. RTO tax of Rs 45,599 and insurance amount of Rs 33,144 will have to be paid on this. In this way the on road price of the vehicle becomes Rs 6,48,733.

Tata Punch Down Payment & EMI Details

If you give a down payment of Rs 1 lakh while buying a new Tata Punch, then you will have to apply for a car loan on the remaining Rs 5,48,733. If your monthly income is good and your credit score is in good condition, then you will easily get this loan at an interest rate of 10 percent.

Let us assume that you will get this car loan for 5 years. In this way, at 10 percent interest rate, you can repay your car loan by paying a total of 60 EMIs of Rs 11,659. In this way you will pay a total of Rs 6,99,537 in installments. If Rs 1 lakh down payment is added, its price will be Rs 7,99,537 (after interest and EMI).

Design and interior

Tata Punch is a stylish micro-SUV, which comes with a bold and adventurous design. Its strong looks, high ground clearance (193 mm), SUV stance and attractive LED lights make it great both in the city and on the highway.

The interior is premium. Features like dual-tone dashboard, 10.25 inch touchscreen infotainment system, 7 inch digital cluster, wireless Android Auto-Apple CarPlay, sunroof, wireless charger and air purifier increase comfort. The cabin is spacious, there is good space for a 5-seater and 366 liters of boot space.

Features and safety

Features include cruise control, 360° camera, auto AC, rain sensing wipers and voice commands. In terms of safety, it is the safest compact SUV in India. It comes with 5-star Bharat NCAP rating, 6 airbags as standard, ESP, TPMS, ABS with EBD, hill hold and strong body structure.

Engine and Mileage

Engine options available are 1.2 liter Revotron petrol (88 PS, 115 Nm), new 1.2 liter turbo (120 PS, 170 Nm) and CNG variants. Mileage according to ARAI is 18-20 kmpl in petrol and up to 26+ km/kg in CNG, which is quite efficient for city driving.

Our advice: The on road price and EMI related details of Tata Punch mentioned above are just an example. Changes in these figures can be seen due to changes in city, dealership, vehicle model, insurance company and interest rate.

If you earn 40 to 50 thousand rupees per month and you do not already have any big loan, then you can consider buying the new Tata Punch by taking a car loan. Negotiate with banks and dealerships for a good deal.

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People with how much salary should buy Tata Sierra EV, know

People with how much salary should buy Tata Sierra EV, know

by with No Comment Car Review

Tata Sierra has been launched in the Indian car market after a long wait. The company has started the starting ex-showroom price of this 5-seater electric SUV from ₹ 18,79,000. At the same time, the ex-showroom price of the top-spec variant full of QWD and modern features goes up to ₹ 25,99,000.

If you are planning to buy this EV in the coming days and have not been able to make a budget yet, then this article will be useful for you. In this article, we have brought details of Sierra EV from on-road price to EMI. We will also take a look at the battery, motor and other details.

Tata Sierra EV On-Road Price

If you are planning to buy this electric SUV in the country's capital, then you are going to get bumper savings. After the recently released Delhi EV Policy 2026, those buying EVs worth ₹ 30 lakh or less will get complete exemption in RTO charges. In this way, you will be able to buy it in Delhi at an on-road price of only ₹ 19,75,875. This includes insurance amount of Rs 78,085 and TCS charge of Rs 18,790, which you can withdraw later while filing ITR.

Tata Sierra EV Down Payment & EMI Details

If you make a down payment of Rs 5 lakh to bring this electric SUV home, then you will have to apply for a car loan on the remaining Rs 14,75,875. If your monthly income is good and your credit score is in good condition, then you will easily get this loan at an interest rate of 10 percent.

Let us assume that you will get this car loan for 5 years. In this way, at 10 percent interest rate, you can repay your car loan by paying a total of 60 EMIs of Rs 31,358. In this way you will pay total installment of Rs 18,81,479. If Rs 5 lakh down payment is added, its price will be Rs 23,81,479 (after interest and EMI).

how much interest will go

As we calculated, by paying a down payment of Rs 5 lakh, we will take a car loan on Rs 14,75,875 at 10 percent interest rate for a total of 5 years, so in this way we will have to pay a total interest of Rs 4,05,604 in 60 monthly installments.

Design and features

Sierra EV is a modern electric SUV, which is built on the Acti.ev+ platform. Upright bonnet, split LED headlamps, blank grille, flush door handles, dual-tone roof and dual-tone alloy wheels give it a premium look.

Its cabin has a triple-screen dashboard (instrument cluster, infotainment and passenger screen), panoramic sunroof, ventilated powered front seats, JBL 12-speaker sound system (Dolby Atmos) and premium materials. The 5-seater cabin is spacious.

Features include L2+ ADAS, 360° camera, voice assisted sunroof, auto park assist, V2L/V2V charging and boost mode. For safety, it has been provided with 6 airbags, ESP, strong body structure and advanced ADAS features. It is expected to get full 5-stars in BNCAP also.

Battery, Motor and Range

It is sold with 63 kWh and 75 kWh LFP battery options. RWD gets 238 PS power and QWD gets 313 PS power. It can accelerate from 0-100 km/h in just 5.8 seconds. MIDC range is up to 565-665 km. 120 kW DC fast charging adds 263 KM range in 15 minutes.

Our advice: Before buying an electric car, check once at your home whether an EV charger can be installed there. Apart from this, if you are planning to buy it on EMI, then first raise at least Rs 5-7 lakh and then also keep in mind that a good amount from your monthly income will go towards paying its EMI. Our advice is that if you earn Rs 1,00,000 per month and are not already paying any big loan installments, then you can buy it on EMI.

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Why is there a huge difference between ex-showroom and on-road prices? Know

Why is there a huge difference between ex-showroom and on-road prices? Know

by with No Comment Car Review

Ex-Showroom vs On-Road Price: Everyone dreams of buying a new car, but when we go to the showroom, the mathematics of the budget changes completely. There is a huge difference between the price shown in the advertisement and the amount deducted from the pocket. The main reason for this difference is the difference between 'Ex-Showroom' and 'On-Road' price.

Actually, the ex-showroom price is the basic amount at which the company sells the car. This includes only factory cost, dealer profit and GST. But to drive the vehicle legally on the road, many mandatory taxes and charges have to be paid. This is the reason why there is a huge gap of 15% to 25% between the showroom price of a car or bike and the final bill, which often surprises the customers. Let us know where the middle money goes?

What is the difference between ex-showroom and on-road?

When you buy a new car, there are various government and non-government charges added on top of the base price. Let's understand where every penny of your bill goes:

1. Road Tax / RTO Fees

This is the largest part of this gap. State governments collect road tax on every new vehicle to fund road maintenance and infrastructure. This tax can range from 6% to 20% in different states depending on the price of the vehicle, engine capacity (cc) and type of fuel (petrol/diesel/electric). Apart from this, registration fees and number plate (HSRP) charges are also included in this.

2. Vehicle Insurance

It is legally mandatory to have insurance to drive on the road in India. Third party insurance has been made mandatory. According to government rules, it is necessary to take third-party insurance for 3 years for a new car and 5 years for a two-wheeler. Apart from this, people also take 1 year comprehensive insurance to cover the loss of their own vehicle. By combining these two, the insurance premium becomes a huge amount.

3. TCS – Tax Collected at Source

According to the rules of the Income Tax Department, if the ex-showroom price of a vehicle is more than Rs 10 lakh, then the government charges TCS of 1% on it. Although you can claim this later while filing your Income Tax Return (ITR), it increases the on-road price at the time of purchasing the vehicle.

4. Fastag & Green Cess

Fastag is mandatory for every new vehicle to pass through the toll plaza on the National Highway, for which around Rs 400 to 600 is charged. In many states, in the name of controlling environmental pollution, additional green cess is imposed especially on diesel vehicles.

Dealer's hidden charges

There are some expenses which are not necessary, but the dealers include them in the on-road price list. It is very important for customers to know:

  • Logistics or Handling Charges: Cost of bringing the vehicle from the yard to the showroom. The Supreme Court has declared it illegal, so you can demand its removal.
  • Accessories Kit: Dealers add things like car mat, seat cover, chrome garnish in advance. If you wish, you can refuse to take them.
  • Extended Warranty: Apart from the company's standard warranty, you can also get additional years of warranty removed, which is optional.

Work advice: Next time you go to buy a car, ask for an item-wise breakup of the on-road price from the dealer. You can also get the insurance done cheaply from any other company from outside, for which the dealer cannot force you. By being smart, you can save thousands of rupees in on-road prices.

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Mahindra XUV 3XO MX2 Car Loan: How much will be the monthly EMI after downpayment of Rs 2 lakh?

Mahindra XUV 3XO MX2 Car Loan: How much will be the monthly EMI after downpayment of Rs 2 lakh?

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Last Updated:

Mahindra

New Delhi. These days, compact SUV cars are dominating the Indian automobile market. In the last few years, cars of this segment have gained tremendous popularity in the Indian market and have left behind hatchback and sedan cars which were the first choice of Indian customers a few years ago. Now if you are thinking of getting a new compact SUV then Mahindra XUV 3XO MX2 is a great option for you. MX2 is the diesel variant of this car. If your budget is tight and you cannot pay lump sum for this car, then you can finance it with a downpayment of Rs 2 lakh. Come, let us know about this in details.

Onroad Price with RTO and Insurance
Mahindra sells MX2 as the diesel variant of XUV 3XO. The ex-showroom price of the entry level variant of this vehicle is Rs 8.95 lakh. Suppose you buy this SUV in Delhi, then you will have to pay RTO of around Rs 78,000 and insurance of around Rs 45,000. After which Mahindra XUV 3XO MX2 on-road price will reach around Rs 10.18 lakh.

Downpayment of Rs 2 lakh
If you want to bring home the diesel variant MX2 of this vehicle after making a down payment of Rs 2 lakh, then you will have to take the remaining Rs 8.18 lakh as a loan from the bank. If the bank is giving you a loan of Rs 8.18 lakh at an interest rate of 9% for 7 years, then you will have to pay Rs 13309 as EMI every month.

How much will the car cost?
Suppose you take a car loan of Rs 8.18 lakh from a bank at 9 percent interest for 7 years, then you will have to pay EMI of Rs 13309 every month. This means you will have to pay around Rs 2.99 lakh as interest for the diesel variant MX2 of Mahindra XUV 3XO for 7 years. After which the total price of this SUV for you will become Rs 13.17 lakh.

compete with these vehicles
The company offers Mahindra XUV 3XO MX2 as a compact SUV i.e. 4 meter long SUV. In this segment, it competes directly with vehicles like Renault Kiger, Maruti Breeza, Tata Nexon, Kia Sonet, Hyundai Venue and Nissan Magnite which are already quite popular in the market.

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First Published :

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Mahindra XUV 3XO MX2: How much will be the monthly EMI after downpayment of Rs 2 lakh?

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Hyundai i20: How much will be the monthly installment with a downpayment of Rs 1 lakh? Understand the complete mathematics of car loan

Hyundai i20: How much will be the monthly installment with a downpayment of Rs 1 lakh? Understand the complete mathematics of car loan

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Last Updated:

The base variant of Hyundai i20 is priced at Rs 7,91,732 on-road in Delhi. By taking a loan of Rs 6,91,732 for a down payment of Rs 1 lakh, you will have to pay a monthly installment of Rs 11,484 for 7 years.

New Delhi. Recently, due to reduction in GST, vehicles have become quite cheap. So if you are a premium hatchback buying a car Want Are in which better Features be and his performance if it's good too Hyundai i20 (Hyundai i20) One It is a great option. the good thing is that finance As a convenience, you can buy this vehicle only for 1 Lakh Rs. down You can buy it by making payment and take a loan of the remaining amount from the bank, so that monthly installment become will go, This Thus you will not have to pay the entire amount at once and You Some? thousand rupees per month of installment Of Can be given in the form. Come on this car finance details Know.

Hyundai i20 of price How much is it?

finance details Before buying, know the price of the car. Hyundai company this premium hatchback to the car automatic And manual Transmission with many Variants Presents in, whose Delhi ex-showroom The price starts from Rs 6.87 lakh and goes up to Rs 10.43 lakh. We will tell you about it base variants Magna executive of finance details Will tell about. it variants petrol with engine manual Transmission Comes in.

base variants Of ex-showroom Price

This base variants Of ex-showroom Price Is Rs 6,86,865. This includes Rs 62,161 road tax i.e. rtoRs 41,906 insurance And Rs 800 will be included in other expenses. All expenses of the vehicle by connecting on-On-road price will be Rs 7,91,732. you 1 lakh rupees down If you buy it after making payment, you will have to take a loan of the remaining Rs 6,91,732 from the bank. What will be the monthly installment of the loan will depend on the loan tenure and interest rate.

finance This amount will be paid in installments after getting it done

Suppose a loan of Rs 6,91,732 is taken from the bank for seven years and the interest rate is 10%. percentage If yes, then every month your installment will be Rs 11,484. This installment will last for seven years and thus you will pay Rs 2,72,888 to the bank as interest. In this way the total price of your vehicle will be Rs 10,64,620. However, if you repay the loan early, you will have to pay less interest. Also, you can increase or decrease the loan repayment period which will affect your monthly installment as well.

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Hyundai i20: How much will be the monthly installment with a downpayment of Rs 1 lakh?

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Taking a car loan? The burden will not fall on the pocket, remember 20/4/10 Golden Rule

Taking a car loan? The burden will not fall on the pocket, remember 20/4/10 Golden Rule

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Car Loan Tips: If you are planning to take a car loan, first take out the information of 20/4/10 rules. This easy rule can reduce the burden on your pocket.

Taking a car loan? The burden will not fall on the pocket, remember 20/4/10 Golden Rule
Car loan tips: It has become common to take a car loan between the price of growing cars and the increasing desires of the people. But often the burden of EMI increases so much that the monthly budget deteriorates. If you are thinking of buying a car and want to take a loan for it, an easy formula can reduce the burden on your pocket.

Financial experts recommend adopting 20/4/10 rules while taking a car loan. This rule decides how much down payment you should make, how much of the loan period should be and how much part of your salary should be spent on EMI.

What is 20/4/10 Rules?

20% down payment: Pay the price of the car at least 20 percent in advance. This will reduce the loan amount and the burden of interest will be lighter. It can be a good option to save in advance or use a trade-in value of an old car.

4 -year loan tenure: Try to finish the car loan in a maximum of 4 years (48 months). Long -term loan EMI definitely reduces, but interest has to be paid more and the debt may be saved despite the value of the car.

10% income in EMI: Your monthly EMI should not exceed 10 percent of your net salary. This will not affect the rest of the expenses and savings. Suppose your salary is ₹ 60,000 and you are buying a car worth Rs 10 lakh. According to the rule, you have to make a down payment of Rs 2 lakh. EMI is to be repaid in 4 years and it should not exceed Rs 6,000 (10 percent of salary). If EMI comes out more than this, it would be better if you take a small car or increase the down payment.

What is the benefit of 20/4/10 rule?
Adopting the 20/4/10 rule not only to pay less interest, but the car loan maintains balance instead of spoiling your financial situation, that is, the dream of the car will also be fulfilled and EMI will not be stressed.

Authorimg

vinoy jha

After starting a career with print media, he has been working as a senior copy editor in News18Hindi for the last 8 years. Business news team is part of the team for almost 4 years. He has experience of about one and a half decades in the media. Business …Read more

After starting a career with print media, he has been working as a senior copy editor in News18Hindi for the last 8 years. Business news team is part of the team for almost 4 years. He has experience of about one and a half decades in the media. Business … Read more

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First Published:

August 31, 2025, 05:54 IST

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Taking a car loan? The burden will not fall on the pocket, remember 20/4/10 Golden Rule

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Car Loan: From PNB to HDFC Bank, where is the cheapest car loan? See the full list of banks

Car Loan: From PNB to HDFC Bank, where is the cheapest car loan? See the full list of banks

by with No Comment Car Review

Car Loan Interest Rates: It is always considered better to buy a car in the festive season. On this occasion, public sector and private banks are offering special offers on car loans to woo customers. These offers include zero processing fees, easy repayment options and discounted interest rates to those with better credit scores. If you are also thinking of buying a new car, then let us know which bank is getting the cheapest car loan?

According to data from Bankbazar.com, interest rates on a car loan of Rs 10 lakh (duration of 5 years) are going from 7.80 percent to 9.99 percent. However, these rates depend on the customer's income and credit score.

Public sector bank's interest rates and EMI

Punjab National Bank (PNB) – 7.80 percent interest, EMI Rs 20,181
Union Bank of India – 7.90 percent interest, EMI Rs 20,229
Canara Bank – 8.25 % interest, EMI Rs 20,396
Bank of Baroda – 8.40 percent interest, EMI Rs 20,468
State Bank of India (SBI) – 9.00 percent interest, EMI Rs 20,758

Private bank interest rates and EMI
IDBI Bank – 8.30 percent interest, EMI Rs 20,420
Axis Bank – 8.90 percent interest, EMI Rs 20,710
ICICI Bank – 9.15 % interest, EMI Rs 20,831
HDFC Bank – 9.40 % interest, EMI Rs 20,953
IDFC First Bank – 9.99 percent interest, EMI Rs 21,242

Where will you get benefit?
Public sector banks like Punjab National Bank and Union Bank can prove to be more economical for customers who want a loan on low EMI. At the same time, the interest rate in private banks is slightly higher. Therefore, it will be beneficial to compare on bank websites and loan aggregator platforms before taking a loan.

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What will be the EMI if you take a car loan of Rs 10,00,000 from SBI? Know the complete accounts

What will be the EMI if you take a car loan of Rs 10,00,000 from SBI? Know the complete accounts

by with No Comment Car Review

New Delhi. Everyone dreams of having a car at home. But many people are not able to buy a car because they lack budget. In such a situation, you can fulfill your dream of buying a car by taking a loan. While buying a car on loan, you have to make a down payment of some money, you can take a loan for the remaining amount.

If you are planning to buy a car and want to take a loan of Rs 10,00,000, then here we will tell you about the car loan interest of the country's largest government bank SBI.

How much is the interest on car loan in SBI?
At present, SBI is offering interest ranging from 9.20 percent to 10.15 percent on car loan. Under green loan, loans are being given on electric cars at interest rates ranging from 9.10 percent to 9.80 percent. If your credit score is good then you can get loan at low interest rate.

How much will be the EMI on a car worth Rs 10 lakh?
If you take a car loan of Rs 10 lakh from SBI for 5 years at an interest rate of 9.15%, then the EMI will be Rs 20,831. In this loan, you will pay a total of Rs 2,49,874 as interest in 5 years.

Tags: car loan, SBI loan

FIRST PUBLISHED: December 10, 2024, 19:44 IST

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What will be the EMI if you take a car loan of Rs 10,00,000 from SBI? Know the complete accounts

What will be the monthly EMI if you take a car loan of Rs 6,00,000 from SBI? Know what will be the interest amount

by with No Comment Car Review

New Delhi. Festivals have started in the country. In such a situation, many types of discounts and offers are being given on vehicles. If you are thinking of buying a car on loan, then you can take advantage of many offers given by car companies.

The country's largest public sector bank SBI is providing auto loan at an initial rate of 9.15 percent. Let us know how much monthly EMI you will have to pay if you take a car loan of Rs 6 lakh from SBI.

How much will the monthly EMI be?
At present, auto loan is available in SBI at an initial interest rate of 9.15%. However, you will get auto loan at this initial interest rate only if your CIBIL score is 800 or above. On this score the bank will easily approve your auto loan. If your CIBIL score is low, you may have to take a loan at a higher interest rate.

If your car loan of Rs 6,00,000 is approved from SBI at the rate of 9.15% and the loan tenure is kept for 3 years, then according to the SBI EMI calculator, your monthly EMI will be Rs 19,122.

According to the calculation, you will pay interest of Rs 88,383 for the tenure of the loan. That means after three years you will have to pay a total of Rs 6,88,383.

Tags: auto news, car loan, SBI loan

FIRST PUBLISHED: October 23, 2024, 19:07 IST

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