Tata Safari Base Model EMI: ₹20,111 Monthly with ₹5 Lakh Down Payment

Tata Motors, India's largest automaker, retails cars in various segments. The manufacturer retails the Tata Safari as a seven-seat SUV. If you are going to purchase the lower variant, how much EMI will you be able to pay monthly after keeping aside a down payment of ₹5 lakh?

The base model Tata Safari, which Tata is selling in the SUV segment, has an ex-showroom price tag of ₹14.66 lakh. If you purchase it in Delhi, the ex-showroom price will be around ₹14.66 lakh, and additional RTO charges amounting to around ₹1.83 lakh and insurance charges amounting to around ₹86,000 will also need to be paid. You'll also be charged a TCS charge of ₹14,662. This takes the on-road price of the SUV to ₹17.50 lakh.

If you buy the base variant, the bank will finance the ex-showroom price. So, after making a down payment of ₹5 lakh, you'll have to finance an amount of approximately ₹12.50 lakh from the bank. If the bank lends you ₹12.50 lakh for seven years at 9% interest, you'll only have to pay an EMI of ₹20,111 per month for the next seven years.