Chevrolet Tavera Neo Car EMI calculator

Option 1) Select your desired bank to see the interest amount you have to pay during the entire loan period and to see the emi chart for various periods against Chevrolet Tavera Neo Car Loan.
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Chevrolet Tavera Neo car.
Option 3) Enter the desired amount and desired interest rate of Chevrolet Tavera Neo Car to know the emi and finance option.

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EMI in Advance EMI in Arrears

To get finance for Chevrolet Tavera Neo Click Here

Ex-showroom Price of Chevrolet Tavera Neo : ₹ 8,01,335
Loan Amount : ₹ 6,81,135
Down Payment : ₹ 1,20,200

Document Charges : Rs.250
Processing Fee : ₹ 3,406
MonthsEMIChart
12₹ 59,176View Chart
24₹ 30,943View Chart
36₹ 21,558View Chart
48₹ 16,885View Chart
60₹ 14,097View Chart
72₹ 12,252View Chart
84₹ 10,944View Chart
Total Interest Amount is ₹ 28,972 for the loan amount of ₹ 6,81,135
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Apr-2024₹ 59,176₹ 4,768₹ 54,408₹ 5,67,551
2May-2024₹ 59,176₹ 4,351₹ 54,825₹ 5,12,726
3Jun-2024₹ 59,176₹ 3,931₹ 55,245₹ 4,57,481
4Jul-2024₹ 59,176₹ 3,507₹ 55,669₹ 4,01,812
5Aug-2024₹ 59,176₹ 3,081₹ 56,095₹ 3,45,717
6Sep-2024₹ 59,176₹ 2,650₹ 56,526₹ 2,89,191
7Oct-2024₹ 59,176₹ 2,217₹ 56,959₹ 2,32,232
8Nov-2024₹ 59,176₹ 1,780₹ 57,396₹ 1,74,836
9Dec-2024₹ 59,176₹ 1,340₹ 57,836₹ 1,17,000
10Jan-2025₹ 59,176₹ 897₹ 58,279₹ 58,721
11Feb-2025₹ 59,176₹ 450₹ 58,7260
EMI in Advance EMI in Arrears
EMI in Advance EMI in Arrears

* Usually the margin on car loans would 15% to 25% which means banks will offer loan only up to 75% to 85% of ex-showroom price of the car. For calculation purpose we have considered the margin as 15%. Do note that loan will be offered only on ex-showroom price of the vehicle not on the on-road price (insurance, road tax, accessories, handling, extended warranty and other misc charged have to be taken care by the customer)

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