Get Tata Curvv EV after a down payment of just Rs 2 lakh, read the complete finance plan

Tata Curvv EV was launched by Tata Motors in the Indian market back in August 2024 itself. If you too were planning to buy this vehicle's base variant Creative 45 and want to bring home the car after making a down payment of Rs 2 lakh, then how much EMI will have to be given every month. We are giving you information about this in this news.

Tata Motors has launched an all-new variant of the Tata Curvv EV in the Indian market, the Creative 45, for an ex-showroom price of Rs 17.49 lakh. If this vehicle is purchased in Delhi, one has to pay approximately 73 thousand rupees for insurance and Rs 17490 will go towards a TCS charge. After which the Tata Curvv EV Creative 45 on-road price becomes around Rs 18.40 lakh.

If you purchase the base variant Creative 45 of this vehicle, then it is what the bank will do at the ex-showroom price only. Otherwise, after having paid the downpayment of two lakh rupees, you shall have to get finance for about Rupees 16.40 lakh from the bank. Now, if the bank gives Rs 16.40 lakh for seven years at 8.7 percent interest, you have to pay an EMI of Rs 26137 to the bank every month for the coming seven years.

In case you avails a car loan from the Bank for seven years Rs 16.40 lakh at an interest rate of 8.7 percent, then in such case, you will have to pay an EMI of Rs 26137 every month for seven years. Now, in such a case, after seven years you will end up paying about Rs 5.55 lakh in interest alone for your Tata Curvv EV Creative 45. The total cost of your car ex-showroom, on-road, and interest will then be around Rs 23.95 lakh.