Have to bring home the base variant of Tata Harrier, EMI will be this much after down payment of Rs 3 lakh
Tata Motors sells vehicles in the hatchback, sedan and SUV segments in the Indian market. If you are also planning to buy the base variant Smart Diesel of the company's mid-size SUV Tata Harrier and want to bring the car home after making a down payment of Rs 3 lakh, then how much EMI will you have to pay every month? We are giving you this information in this news.
Smart is offered by Tata Motors as the base variant of Tata Harrier. The ex-showroom price of the base variant of this vehicle is Rs 14.99 lakh. If this car is purchased in Delhi, then about Rs 1.95 lakh will have to be paid for RTO and about Rs 71 thousand for insurance. Along with this, a charge of Rs 15,000 will also be taken as TCS charge. After which Tata Harrier Smart Diesel on road price becomes around Rs 17.80 lakh.
If you buy the base variant Smart Diesel of this vehicle, then the finance will be done by the bank at the ex-showroom price only. In such a situation, after making a down payment of Rs 3 lakh, you will have to finance around Rs 14.80 lakh from the bank. If the bank gives you Rs 14.80 lakh for seven years with 9 percent interest, then you will have to pay EMI of Rs 23821 every month for the next seven years.
If you take a car loan of Rs 14.80 lakh from a bank for seven years with an interest rate of 9 percent, then you will have to pay EMI of Rs 23821 every month for seven years. In such a situation, you will pay around Rs 5.20 lakh as interest for Tata Harrier Smart Diesel in seven years. After which the total price of your car including ex-showroom, on-road and interest will be around Rs 23 lakh.
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