If you are planning to buy Tata Punch then first know how much is the down payment and how much will be the EMI.

car news desk,Tata Punch is included in the list of most popular cars sold in the Indian market. This Tata car can be called a budget-friendly car. The price of this car is in the range of seven lakh rupees. At the same time, it is not necessary that to buy this car it is necessary to make the entire payment at one go. This Tata car can also be brought home by taking a car loan, after which you will have to deposit a few thousand rupees every month in the bank as EMI.

At what EMI will you get Tata Punch?
The on-road price of pure petrol variant of Tata Punch is Rs 7.26 lakh. To buy this car you will get a loan of Rs 6.53 lakh from the bank. The amount of car loan depends on how good your credit score is. According to the interest rate charged on this loan, you will have to go to the bank every month as EMI of a fixed amount.

To buy this petrol variant of Tata Punch, a down payment of Rs 66 thousand will have to be deposited.
If the bank charges 9 percent interest on the purchase of Tata Punch and you take this loan for four years, then you will have to pay an EMI of Rs 14,850 every month.
If you take this loan for five years, then you will have to deposit around Rs 12,400 as installment every month at 9 percent interest.
If the loan to buy Tata Punch is taken for six years, then EMI of Rs 10,800 will have to be deposited every month.
If the loan to buy Tata Punch is taken for seven years, then an installment of Rs 9,600 will have to be deposited in the bank every month.
There may be some difference in the price of Tata Punch in different states of the country. Along with this, the amount of loan available against Punch may also be different. Due to difference in the interest rate charged on car loan, there may be difference in EMI figures also. It is important to get all the information before taking a car loan.