Suppose that you wish to purchase the Nissan Tekton Visia with a down payment of ₹1 lakh; the monthly EMI in such an instance would be as follows.

Visia is the base model name of Nissan Tekton. The ex-showroom price of the Visia model is ₹10.49 lakh. The Road tax applicable in Delhi is ₹1.05 lakh and the insurance is ₹45,000. Thus, the On-road price of Nissan Tekton Visia comes out to be ₹12.09 lakh.

For the Visia model, the Bank calculates the loan based on the ex-showroom price. Assuming you have made a down payment of ₹1 lakh, then you will get the loan of ₹11.09 lakh from the Bank. If the Bank grants you a loan of ₹11.09 lakh for a period of 7 years at an interest rate of 9%, then the EMI for you will be ₹17,844 for 7 years.

By taking a car loan of ₹11.09 lakh from the bank at a 9% interest rate for seven years, you would be required to pay a monthly EMI of ₹17,844. Over the course of these seven years, you would pay approximately ₹3.89 lakh in interest for the Nissan Tekton. Consequently, the total cost of your car-combining the ex-showroom price, on-road costs, and interest-will come to approximately ₹15.98 lakh.

In the Indian market, the Tekton is offered in the mid-size SUV segment. In this segment, it competes directly with the Maruti Victoris, Hyundai Creta, Kia Seltos, and Tata Harrier.

Suppose that you wish to purchase the Nissan Tekton Visia with a down payment of ₹1 lakh; the monthly EMI in such an instance would be as follows.

Visia is the base model name of Nissan Tekton. The ex-showroom price of the Visia model is ₹10.49 lakh. The Road tax applicable in Delhi is ₹1.05 lakh and the insurance is ₹45,000. Thus, the On-road price of Nissan Tekton Visia comes out to be ₹12.09 lakh.

For the Visia model, the Bank calculates the loan based on the ex-showroom price. Assuming you have made a down payment of ₹1 lakh, then you will get the loan of ₹11.09 lakh from the Bank. If the Bank grants you a loan of ₹11.09 lakh for a period of 7 years at an interest rate of 9%, then the EMI for you will be ₹17,844 for 7 years.

By taking a car loan of ₹11.09 lakh from the bank at a 9% interest rate for seven years, you would be required to pay a monthly EMI of ₹17,844. Over the course of these seven years, you would pay approximately ₹3.89 lakh in interest for the Nissan Tekton. Consequently, the total cost of your car-combining the ex-showroom price, on-road costs, and interest-will come to approximately ₹15.98 lakh.

In the Indian market, the Tekton is offered in the mid-size SUV segment. In this segment, it competes directly with the Maruti Victoris, Hyundai Creta, Kia Seltos, and Tata Harrier.