By Admin 
There is a demand for most such cars in the Indian market, which is affordable and also give mileage good. One such SUV is Tata Panch, which can also be called a budget-friendly car. The price of this car is in the range of seven lakh rupees.
If you are planning to buy this car, then it is not necessary that you make full payment to buy the punch, you can also make it finance. This Tata vehicle can also be brought home by taking a car loan. For this, you will have to deposit a few thousand rupees in the bank every month in the bank.
How much down payment will be found Tata punch?
According to the Cardekho website, the on-road price of Tata Panch’s pure petrol variants is Rs 6.66 lakh. To buy this car, you will get a loan of Rs 5.99 lakh from the bank. The amount of car loan depends on how much better your credit score is. According to the interest rate on this loan, you will have to go to the bank every month as a fixed amount EMI.
To buy this petrol variant of Tata Panch, a down payment of 60 thousand rupees will have to be deposited. If the bank invests 9.8 percent interest on the purchase of punch and if you take this loan for four years, then EMI of Rs 15,326 will have to be deposited every month. If you make a down payment of 10 thousand rupees, then for 4 years, an EMI of about 18 thousand 282 rupees will have to be given.
Know what will be the account of EMI?
If you take this loan for five years, then about Rs 12,828 will have to be deposited every month at an interest of 9.8 percent. There may be some differences in the price of Tata Panch in different states of the country. The loan amount on Tata Panch may also be different. There may also be a difference in EMI data if there is a difference in the interest rate on the car loan. It is necessary to get all kinds of information before taking a car loan.
Also read:-
Will Mahindra Bolero be available on 1 lakh down payment? Know the complete account of EMI