Tata Motors Tata Tiago Base Variant EMI: Pay Just ₹4,996 Monthly After ₹2 Lakh Down Payment

Tata Motors is a renowned Indian automaker with a variety of cars in different segments. Tata also offers the Tata Tiago, a hatchback car. If you are planning to buy the base variant of the Tata Tiago, what will be your EMI, along with a down payment of Rs 2 lakhs?

The base variant of the Tata Tiago costs Rs 4.57 lakhs, while the on-road price of the Tata Tiago in Delhi is Rs 5.10 lakhs, which includes Rs 4.57 lakhs as the ex-showroom price, Rs 26,000 as RTO charges, and Rs 27,000 as insurance costs.

If you are planning to buy the base variant of the Tata Tiago, the bank will finance the ex-showroom price of the car. So, after making a down payment of ₹2 lakh, you will have to finance an amount of approximately ₹3.10 lakh from the bank. If you are given ₹3.10 lakh for seven years at a nine percent interest rate, you will have to pay only ₹4,996 in EMIs per month for the next seven years.