What is the interest rate for Tata Hexa car?

Ask your questions through Vicky.in FAQs page. Find out the answers for all questions of Tata Hexa Cars. Clarify all doubts for all Cars through FAQs page. Ask question not only for Cars but also regarding the website and get all the details.

Q : What is the interest rate for Tata Hexa car?

Tata Hexa EMI

Ex-showroom Price of Tata Hexa : ₹ 10,00,000
Loan Amount : ₹ 8,50,000
Down Payment : ₹ 1,50,000

Document Charges : Rs.250
Processing Fee : ₹ 4,250
MonthsEMIChart
12₹ 73,846View Chart
24₹ 38,614View Chart
36₹ 26,903View Chart
48₹ 21,072View Chart
60₹ 17,592View Chart
72₹ 15,289View Chart
84₹ 13,657View Chart
A : The interest rate for Tata Hexa is Tata Hexa Interest Rate

The term Interest Rate means the amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets. Interest rates are typically noted on an annual basis, known as the annual percentage rate (APR). The assets borrowed could include, cash, consumer goods, large assets, such as a vehicle or building. Interest is essentially a rental, or leasing charge to the borrower, for the asset's use. In the case of a large asset, like a vehicle or building, the interest rate is sometimes known as the "lease rate". When the borrower is a low-risk party, they will usually be charged a low interest rate; if the borrower is considered high risk, the interest rate that they are charged will be higher. Interest is charged by lenders as compensation for the loss of the asset's use. In the case of lending money, the lender could have invested the funds instead of lending them out. With lending a large asset, the lender may have been able to generate income from the asset should they have decided to use it themselves.

Other Tata Hexa Faqs

Related Tags:

Tata Hexa faqs, questions and answers for Tata Hexa car, Tata Hexa questions, Tata Hexa answers, Tata Hexa car

Share Your Comments About Tata Hexa Faqs Answer with your Friends