Know Tata Nexon SUV EMI Loan on Rs 85,000 Down Payment: Details Explained

The Nexon has been the best-selling Tata car in India for consecutive months, and the subcompact car also continues to remain the best-selling SUV in the Indian market. In a segment that is full of feature-rich offerings from different manufacturers, the Nexon currently seems to be the Indian buyer’s preferred choice.
If you are planning to buy the Tata Nexon SUV and wondering how much EMI you will have to shell out, you have come to the right place. Here is a table showing the on-road (Delhi) price per variant of the Tata SUV, and the lowest monthly installment you would have to pay, keeping in mind an average term, return on investment, as well as a down payment
Vlaughing On-road prices
(Delhi)
Mandate Interest rate
(valued)
Deposit NDE
Gasoline MT
XE Rs8,47,700 5 years 9.8% 85,000 rupees 16,130 rupees
XM Rs 9,58,381 5 years 9.8% 96,000 rupees 18,238 rupees
XM(S) Rs 10,24,789 5 years 9.8% Rs 1,02,000 19,516 rupees
XZ Rs 10,80,129 5 years 9.8% Rs 1,08,000 20,559 rupees
XZ+ Rs 11,87,533 5 years 9.8% Rs 1,19,000 22,598 rupees
XZ+
Dual tone
Rs 12,04,735 5 years 9.8% Rs 1,20,000 22,941 rupees
XZ+ dark Rs 12,21,937 5 years 9.8% Rs 1,22,000 23,262 rupees
XZ+ (HS) Rs 12,73,543 5 years 9.8% Rs 1,27,000 24,248 rupees
XZ+ (HS)
Dual tone
Rs 12,90,745 5 years 9.8% Rs 1,29,000 24,348 rupees
XZ+ (O) Rs 13,02,213 5 years 9.8% Rs 1,30,000 24,791 rupees
XZ+ (HS) Dark Rs 13,07,947 5 years 9.8% Rs 1,31,000 24,891 rupees
XZ+ (O)
Dual tone
Rs 13,19,415 5 years 9.8% Rs 1,32,000 25,112 rupees
XZ+ (O) Dark Rs 13,36,617 5 years 9.8% Rs 1,34,000 25,434 rupees
XZ+ (P) Rs 13,59,553 5 years 9.8% Rs 1,36,000 25,877 rupees
XZ+ (P)
Dual tone
Rs 13,76,756 5 years 9.8% Rs 1,38,000 26,198 rupees
XZ+ (P) Dark Rs13,82,490 5 years 9.8% Rs 1,38,000 26,319 rupees
XZ+ Kaziranga Rs13,82,490 5 years 9.8% Rs 1,38,000 26,319 rupees
Gasoline AMT
Christmas Rs 10,30,323 5 years 9.8% Rs 1,03,000 19,612 rupees
Christmas (S) Rs 10,96,731 5 years 9.8% Rs 1,10,000 20,868 rupees
XZA+ Rs 12,62,075 5 years 9.8% Rs 1,26,000 24,027 rupees
XZA+
Dual tone
Rs 12,79,277 5 years 9.8% Rs 1,28,000 24,348 rupees
XZA+ dark Rs 12,96,479 5 years 9.8% Rs 1,30,000 24,670 rupees
XZA+ (HS) Rs 13,48,085 5 years 9.8% Rs 1,35,000 25,655 rupees
XZA+ (HS)
Dual tone
Rs 13,65,288 5 years 9.8% Rs 1,37,000 25,977 rupees
XZA+ (O) Rs 13,76,756 5 years 9.8% Rs 1,38,000 26,198 rupees
XZA+ (HS) Dark Rs13,82,490 5 years 9.8% Rs 1,38,000 26,319 rupees
XZA+ (O)
Dual tone
Rs 13,93,958 5 years 9.8% Rs 1,39,000 26,541 rupees
XZA+ (O) Dark 14,11,160 rupees 5 years 9.8% Rs 1,41,000 26,862 rupees
XZA+ (P) Rs 14,34,096 5 years 9.8% Rs 1,43,000 27,305 rupees
XZA+ (P)
Dual tone
Rs 14,51,298 5 years 9.8% Rs 1,45,000 27,627 rupees
XZA+ (P) Dark Rs 14,57,032 5 years 9.8% Rs 1,46,000 27,727 rupees
XZA+ Kaziranga Rs 14,57,032 5 years 9.8% Rs 1,46,000 27,727 rupees
MT-diesel
XM Rs 11,21,963 5 years 9.8% Rs 1,12,000 21,359 rupees
XM(S) Rs 12,30,048 5 years 9.8% Rs 1,23,000 23,413 rupees
XZ+ Rs 13,71,264 5 years 9.8% Rs 1,37,000 26,103 rupees
XZ+
Dual tone
Rs 13,88,916 5 years 9.8% Rs 1,39,000 26,434 rupees
XZ+ dark Rs 14,06,569 5 years 9.8% Rs 1,41,000 26,765 rupees
XZ+ (HS) Rs 14,59,525 5 years 9.8% Rs 1,46,000 27,779 rupees
XZ+ (HS)
Dual tone
Rs 14,77,177 5 years 9.8% Rs1,48,000 28,110 rupees
XZ+ (O) Rs 14,88,945 5 years 9.8% Rs 1,49,000 28,338 rupees
XZ+ (HS) Dark Rs 14,94,829 5 years 9.8% Rs 1,49,000 28,463 rupees
XZ+ (O)
Dual tone
Rs 15,06,597 5 years 9.8% Rs 1,51,000 28,669 rupees
XZ+ (O) Dark Rs 15,24,249 5 years 9.8% Rs 1,52,000 29,021 rupees
XZ+ (P) Rs 15,47,785 5 years 9.8% Rs 1,55,000 29,456 rupees
XZ+ (P)
Dual tone
Rs 15,65,437 5 years 9.8% Rs 1,57,000 29,787 rupees
XZ+ Kaziranga Rs 15,71,321 5 years 9.8% Rs 1,57,000 29,911 rupees
XZ+ (P) Dark Rs 15,71,321 5 years 9.8% Rs 1,57,000 29,911 rupees
AMT-diesel
Christmas (S) Rs 13,06,540 5 years 9.8% Rs 1,31,000 24,861 rupees
XZA+ Rs 14,47,757 5 years 9.8% Rs 1,45,000 27,552 rupees
XZA+
Dual tone
Rs 14,65,409 5 years 9.8% Rs 1,47,000 27,883 rupees
XZA+ dark Rs 14,83,061 5 years 9.8% Rs1,48,000 28,235 rupees
XZA+ (O) Rs 15,65,437 5 years 9.8% Rs 1,57,000 29,787 rupees
XZA+ (O)
Dual tone
Rs 15,83,089 5 years 9.8% Rs 1,58,000 30,139 rupees
XZA+ (O) Dark Rs 16,00,741 5 years 9.8% Rs 1,60,000 30,470 rupees
XZA+ (P) Rs 16,24,277 5 years 9.8% Rs 1,62,000 30,925 rupees
XZA+ (P)
Dual tone
Rs 16,41,929 5 years 9.8% Rs 1,64,000 31,256 rupees
XZA+ (P) Dark Rs 16,47,813 5 years 9.8% Rs 1,65,000 31,360 rupees
XZA+ Kaziranga Rs 16,47,813 5 years 9.8% Rs 1,65,000 31,360 rupees

We took as standard an average occupancy period of 5 years, as well as a down payment of around 10% and an estimated bank interest rate of 9.8%. Note that you are free to decide the duration for which he will take out the loan, while the interest rate varies from bank to bank. Additionally, you can also choose to pay a higher or lower down payment, which will decrease or increase your Easy Monthly Payment (EMI) respectively.
Tata is currently selling the Nexon in India at a base price of Rs 7.55 lakh for the entry level XE petrol manual variant, going up to Rs 13.90 lakh (both prices, ex-showroom) for the high-end XZA+ Kaziranga diesel-automatic model. However, the on-road (Delhi) price of the Tata SUV is currently between Rs 8.48 lakh and Rs 16.48 lakh.

For example, if you were to buy the XZ + Kaziranga petrol MT variant of the Tata Nexon (ex-showroom price – Rs 11.95 lakh), you would end up paying Rs 26,319 as monthly installment (EMI) for a period of 5 years at a return on investment of 9.8%, along with a one-time down payment of Rs 1,38,000 against a total loan amount of Rs 12.38 lakh. All added up, you end up paying around Rs 17.09 lakh for the said variant at the end of your loan tenure, which includes the price on the road, the down payment amount, as well as the interest incurred during the aforementioned period. .
Let us know in the comments below if you want to know the EMI for any other car or bike of your choice!

About Matthew R. Dailey

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