Tata punch on emi: Tata Panch is one of the most liked cars in the Indian market, the price of this car is only 7 lakh rupees. In this, you get to see many types of advanced features, it is very stylish in appearance. If you want to buy this car and your salary is 40 to 45 thousand rupees, then it is perfect for you. You can buy this car with this salary. It is also not necessary that you had to make a complete payment to buy this car, you can buy this car with loan and EMI.
Know how much EMI will have to pay?
Talking about the price of this car, the on-road price of Tata Panch’s pure petrol variant is Rs 6.66 lakh in Delhi. To buy it, if you make a down payment of 50 thousand rupees, then you will have to take a loan of 6 lakh 12 thousand rupees from the bank first. The loan amount for the car also depends on how your credit score is. Let us know that if the bank invests 9 percent interest to buy Tata Panch and you take this loan for four years, then you will have to pay an EMI of Rs 15,253 every month. If you talk about the loan, then you will have to deposit an installment of about Rs 12,708 every month at 9 percent interest.
How many years will the installment be paid?
To buy Tata Panch, you have to take a loan for six years, so you have to give an EMI of Rs 11 thousand 35 every month. If you have taken a seven -year loan to buy this car, then every month a installment of Rs 9,850 will have to be deposited in the bank. If you earn 40 to 45 thousand, only buy this car on EMI. The price of Tata Panch may have some different in different states of the country, your EMI amount may also change if there is a difference in the marriage rate on the car loan. You should know the complete information well before the car loan.
