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      Tata Nexon EV Car Loan EMI Calculator

      Tata Nexon EV EMI starts at 29,380 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 0.84 Lakh. Tata Nexon EV price starts at ₹ 15.33 Lakh and goes up to ₹ 20.67 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      Tata Nexon EV
      TataNexon EV₹ 15.33 - 20.67 Lakh

      Variant

      Creative Plus Medium Range

      Right Arrow

      City

      Mumbai

      Right Arrow

      Adjust Nexon EV Car Loan Parameters

      On-Road Price

      ₹ 15,32,518

      Nexon EV Creative Plus Medium Range EMI

      29,380 for 5 Years

      Down Payment
      Loan Tenure (Months)
      Bank Interest Rate
      %

      Tata Nexon EV Creative Plus Medium Range Car Loan EMI

      On-Road Price₹ 15,32,518
      Ex-Showroom Price₹ 1449000
      Max Loan Amount₹ 1449000
      Down Payment as per your Selectiont₹ 83,518
      Loan Amount₹ 14,49,000
      EMI Amount 29,380
      Interest Component3,13,800(17.8%)
      Principal Component14,49,000(82.2%)
      Total Payable over 5 Years17,62,800
      Note: This doesn't include bank processing fee.

      Tata Nexon EV Loan Repayment Schedule

      This table helps you understand, how much loan payment will be pending at the end of the each year of the loan. This way, you can arrive at the amount you will need if you decide to pre-pay your loan.

      MonthsPrincipal PaidInterest PaidBalance Loan
      12₹ 2,45,519₹ 1,07,041₹ 12,03,481
      24₹ 2,65,897₹ 86,663₹ 9,37,584
      36₹ 2,87,966₹ 64,594₹ 6,49,618
      48₹ 3,11,867₹ 40,693₹ 3,37,751
      60₹ 3,37,751₹ 14,807₹ 0

      Tata Nexon EV EMI

      Tata Nexon EV Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 83,518

      On-Road Price in MumbaiMin Down PaymentEMI
      Creative Plus Medium Range

      ₹ 15,32,518

      ₹83,518₹29,380
      Fearless Medium Range

      ₹ 16,93,356

      ₹94,356₹32,422
      Fearless Long Range

      ₹ 18,05,093

      ₹1,06,093₹34,450
      Fearless Plus Medium Range

      ₹ 17,45,608

      ₹96,608₹33,436
      Fearless Plus Long Range

      ₹ 18,57,433

      ₹1,08,433₹35,463
      Fearless Plus S Medium Range

      ₹ 17,97,861

      ₹98,861₹34,450
      Fearless Plus S Long Range

      ₹ 19,09,773

      ₹1,10,773₹36,477
      Empowered Medium Range

      ₹ 18,50,114

      ₹1,01,114₹35,463
      Empowered Plus Long Range

      ₹ 20,45,858

      ₹1,16,858₹39,113
      Empowered Plus Long Range Dark Edition

      ₹ 20,66,794

      ₹1,17,794₹39,519

      Check Car Loan EMIs of Tata Nexon EV Similar Cars

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      Explore more about Tata Nexon EV

      Tata Nexon EV
      Tata Nexon EV
      ₹ 15.33 - 20.67 LakhOn-Road Price, Mumbai

      Nexon EV EMI FAQs

      ₹ 29,380.
      Here is how - Tata Nexon EV price starts from ₹ 15,32,518 in Mumbai. If you pay a down payment of ₹ 83,518 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 29,380.
      The cheapest Nexon EV model is Creative Plus Medium Range which is priced at ₹ 15,32,518 in Mumbai. You will need to pay at least a ₹ 83,518 down payment to buy this model.

      Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.
      Here is a model wise list of max loan amount for Nexon EV.
      VersionOn-road price in MumbaiMax Loan
      Creative Plus Medium Range₹ 15,32,518₹ 14,49,000
      Fearless Medium Range₹ 16,93,356₹ 15,99,000
      Fearless Long Range₹ 18,05,093₹ 16,99,000
      Fearless Plus Medium Range₹ 17,45,608₹ 16,49,000
      Fearless Plus Long Range₹ 18,57,433₹ 17,49,000
      Fearless Plus S Medium Range₹ 17,97,861₹ 16,99,000
      Fearless Plus S Long Range₹ 19,09,773₹ 17,99,000
      Empowered Medium Range₹ 18,50,114₹ 17,49,000
      Empowered Plus Long Range₹ 20,45,858₹ 19,29,000
      Empowered Plus Long Range Dark Edition₹ 20,66,794₹ 19,49,000

      As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.

      Good Practice will be to chose the shortest possible tenure for which you can afford an EMI amount.
      • 1. If you select a higher tenure loan, let's say 7 years, your EMI for Nexon EV Creative Plus Medium Range will be ₹ 23,886 but you will have to pay interest of ₹ 5,57,424 over the period of 7 years.
      • 2. If you select a lower tenure loan, let's say 3 years, your EMI amount will be higher at ₹ 48,024, but your interest payment will be only ₹ 2,79,864 over the 3 years period.