If you are also thinking of buying Tata Punch, which is a strong and popular option in its segment, then this article has brought important information for you. We will tell you what will be the on-road price of the base variant of Tata Punch in Delhi and how much EMI you will have to pay every month if you make a down payment of ₹ 50,000. So, let’s know the whole math of making this cool micro SUV yours!
Tata Punch Base Variant
The on-road price of the Pure MT variant of Tata Punch in Delhi is ₹ 6.62 lakh. Apart from the ex-showroom price of ₹ 6 lacks, it includes RTO charges of ₹ 31,367, insurance of ₹ 30,932, and other charges. This price is for the base model and may vary slightly depending on the variant and dealership.
How much will the EMI on ₹ 50,000 down payment?
If you make a down payment of ₹ 50,000 for the base variant of Tata Punch, then you will have to take a car loan of about ₹ 6.12 lakh from a bank or finance company. Suppose your credit score is very good and you get a loan from the bank at an annual interest rate of 9 percent. If you take a loan for 5 years, then you will have to pay an EMI of about ₹ 13,000 every month. On the other hand, if you take a loan for 7 years, then this amount will come down to about ₹ 10,000 per month.
How much will the loan cost
If you take a loan of ₹ 6.12 lakh for the base variant of Punch, then in 60 installments you will have to pay about ₹ 1.50 lakh as interest. If the down payment amount is added to this, then this SUV will cost you around ₹ 8.20 lakh.
Tata Punch Engine and Performance
The base model of this micro SUV gets a 1.2-litre 3-cylinder petrol engine. This engine generates 87 bhp of power and 115Nm of torque with manual transmission. The company claims that it is capable of giving mileage of up to 18 Kmpl, which is considered quite good in this segment.
Note: This finance calculation is based on the base variant. The on-road price of Tata Punch may vary according to the variant and dealership. Apart from this, the customer’s credit/civil score should be good enough to get a loan at a low interest rate from the bank.
