Tata Indica eV2 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 Tata Indica eV2 Car Loan.
Option 2) Get to know the bank which offer lowest emi, lowest processing charge and lowest documentation fee for loan on Tata Indica eV2 car.
Option 3) Enter the desired amount and desired interest rate of Tata Indica eV2 Car to know the emi and finance option.

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You can change the down payment as per your requirement.
EMI in Advance EMI in Arrears

To get finance for Tata Indica eV2 Click Here

Ex-showroom Price of Tata Indica eV2 : ₹ 4,04,000
Loan Amount : ₹ 3,43,400
Down Payment : ₹ 60,600

Document Charges : Rs.250
Processing Fee : ₹ 1,717
MonthsEMIChart
12₹ 29,834View Chart
24₹ 15,600View Chart
36₹ 10,869View Chart
48₹ 8,513View Chart
60₹ 7,107View Chart
72₹ 6,177View Chart
84₹ 5,518View Chart
Total Interest Amount is ₹ 14,608 for the loan amount of ₹ 3,43,400
EMI NumberEMI MonthEMI AmountInterest AmountPrincipal ReductionBalance Due
1Apr-2024₹ 29,834₹ 2,404₹ 27,430₹ 2,86,136
2May-2024₹ 29,834₹ 2,194₹ 27,640₹ 2,58,496
3Jun-2024₹ 29,834₹ 1,982₹ 27,852₹ 2,30,644
4Jul-2024₹ 29,834₹ 1,768₹ 28,066₹ 2,02,578
5Aug-2024₹ 29,834₹ 1,553₹ 28,281₹ 1,74,297
6Sep-2024₹ 29,834₹ 1,336₹ 28,498₹ 1,45,799
7Oct-2024₹ 29,834₹ 1,118₹ 28,716₹ 1,17,083
8Nov-2024₹ 29,834₹ 898₹ 28,936₹ 88,147
9Dec-2024₹ 29,834₹ 676₹ 29,158₹ 58,989
10Jan-2025₹ 29,834₹ 452₹ 29,382₹ 29,607
11Feb-2025₹ 29,834₹ 227₹ 29,6070
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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