New Delhi: Tata Harrier is a popular 5-seater SUV available in 25 variants. The ex-showroom price of the Tata Harrier starts at ₹14.99 lakh and goes up to ₹25.89 lakh. If you’re planning to buy this SUV on EMI instead of full payment, here’s a complete breakdown of its loan details, down payment, and monthly EMI.
On-Road Price in Delhi
The base variant of the Tata Harrier, Smart Diesel, has an on-road price of ₹17.90 lakh in Delhi. The price may vary in other states due to different tax structures and registration charges. If you plan to buy this variant, you can avail of a car loan of ₹16.11 lakh, depending on your credit score. The loan amount and interest rate will determine your monthly installment (EMI).
How Much EMI Will You Pay Per Month?
When purchasing the Tata Harrier through a loan, you need to make a 10% down payment of the car’s price. That means you’ll have to deposit around ₹1.79 lakh upfront. Here’s how your EMI will look based on different loan tenures and an assumed 9% interest rate:
✅ 4-Year Loan – EMI of ₹40,000 per month
✅ 5-Year Loan – EMI of ₹33,500 per month
✅ 6-Year Loan – EMI of ₹29,000 per month
✅ 7-Year Loan – EMI of ₹25,900 per month
Key Factors Affecting Your Car Loan EMI
Interest Rate: A lower interest rate means lower EMIs. The 9% rate mentioned here is an estimate; actual rates may vary based on the bank.
Loan Tenure: A longer loan term results in lower monthly EMIs but increases the total interest paid.
Down Payment: Paying a higher amount upfront will reduce your EMI burden.
Is It the Right Time to Buy Tata Harrier?
With competitive loan options and flexible EMI plans, owning a Tata Harrier has become more affordable. Before taking a car loan, compare interest rates from different banks and financial institutions to get the best deal. If you’re looking for a premium SUV with powerful performance and modern features, the Tata Harrier could be a great choice.
