Tata Nexon 2026: Pay ₹2 Lakh Down Payment and Take Home This Safe SUV at ₹10,052 EMI

Tata Nexon: The Tata Nexon, synonymous with safety and durability on Indian roads, is now the preferred choice of every middle-class family. If you’re determined to purchase this 5-star safety-enabled compact SUV from Tata Motors in 2026 but are hesitant to spend a large sum of money at once, this news will bring a smile to your face. In major cities like Delhi, you can add a modest down payment of just ₹2 lakh to your garage with the base variant of the Tata Nexon.

The Tata Nexon’s base variant, Smart, offers a perfect balance between budget and essential features. The ex-showroom price of this vehicle starts at around ₹732,000, based on Delhi’s current tax slab. However, once you put it on the road, approximately ₹59,000 in RTO (road tax) and approximately ₹34,000 in insurance for the vehicle’s safety are added.

Adding all these taxes and mandatory expenses, the total on-road price of the Tata Nexon reaches approximately ₹825,000. It’s important to note that on-road prices may vary slightly depending on local tax regulations in different states and dealership offers.

If you choose to purchase the Tata Nexon through financing, banks typically offer loans for a significant portion of the on-road price, reducing the burden on customers. For example, if you make an initial down payment of ₹200,000 at the showroom, you’ll need to take out a car loan from a bank for the remaining amount, which is approximately ₹625,000. Currently, if a bank offers you a loan at an annual interest rate of 9 percent and you choose a long repayment period of 7 years (84 months), your monthly EMI will be approximately ₹10,052. Owning a safe and premium SUV with a monthly installment of just ₹10,000 is a masterstroke for working professionals who want to enjoy luxury while managing their monthly savings.

When you take out a loan for a longer period, i.e., 7 years, you have to pay an additional amount to the bank in the form of interest. At a 9 percent interest rate on a loan of ₹625,000, you will pay a total of ₹2.19 lakh to the bank over 7 years. Thus, including the ex-showroom price, taxes, insurance, and interest, the final cost of your Tata Nexon will be around ₹10.44 lakh. However, if you have a good income and limit the loan term to 3 or 5 years, this interest amount can be significantly reduced, further increasing your overall savings.

The Tata Nexon faces fierce competition in the Indian market, with several powerful vehicles lining up to compete in the sub-four-meter SUV segment. It primarily competes with SUVs like the Skoda Kyra, Kia Syos, Kia Sonet, Maruti Brezza, and Hyundai Venue. Despite this, the Tata Nexon’s rugged build and high safety ratings always keep it a step ahead of its competitors. This is why safety-conscious Indian customers still blindly trust the Nexon, making it one of the best-selling cars in the segment.