EMI Calculator
Tata Nexon Ev EMI in Indore
Monthly installment, down payment, and city-specific stamp duty for Tata Nexon Ev in Indore.
Your Loan Parameters
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10%60%
1 yr7 yrs
Ex-showroom
₹12.49 L
On-road (Indore)
₹13.76 L
Down payment
₹2,75,280
Loan amount
₹11,01,118
EMI by Lender
Best rate in green · Based on typical published rates
| Bank | Rate | EMI | Total Interest | Processing |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | ₹22,591/mo | ₹2,54,349 | ₹8,258 |
| ICICI Bank | 8.75% p.a. | ₹22,724/mo | ₹2,62,324 | ₹5,506 |
| SBIBest | 8.25% p.a. | ₹22,459/mo | ₹2,46,403 | ₹3,854 |
| Axis Bank | 8.9% p.a. | ₹22,804/mo | ₹2,67,122 | ₹11,011 |
| Kotak Bank | 8.6% p.a. | ₹22,644/mo | ₹2,57,536 | ₹8,258 |
Indore On-Road Breakup
- Ex-showroom₹12.49 L
- Registration + RTO₹62,450
- Insurance (1 yr)₹49,960
- Stamp duty (0.2%)₹2,498
- On-road Indore₹13.76 L
Total Repayment (5 yrs)
- Monthly EMI (best rate)₹22,459
- Total paid to bank₹13,47,521
- Interest paid₹2,46,403
- Total cost (incl. DP)₹16,22,801
FAQs — Tata Nexon Ev EMI in Indore
What is the EMI for Tata Nexon Ev in Indore?
With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹22,459/month.
Which bank offers the lowest car loan rate?
SBI has the lowest rate at 8.25% p.a. for EV loans. Rates vary based on credit score — confirm with each bank.
What is the down payment for Tata Nexon Ev?
Most banks require 10-20% down. With 20% down in Indore, you'd pay ₹2,75,280 upfront.
Is the on-road price in Indore different from ex-showroom?
Yes. Indore on-road price includes RTO (~5%), insurance (~4%), and stamp duty (0.2%) — adding about 10% to ex-showroom.
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