EMI Calculator
Tata Nexon Ev EMI in Mumbai
Monthly installment, down payment, and city-specific stamp duty for Tata Nexon Ev in Mumbai.
Your Loan Parameters
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10%60%
1 yr7 yrs
Ex-showroom
₹12.49 L
On-road (Mumbai)
₹13.77 L
Down payment
₹2,75,405
Loan amount
₹11,01,618
EMI by Lender
Best rate in green · Based on typical published rates
| Bank | Rate | EMI | Total Interest | Processing |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | ₹22,601/mo | ₹2,54,465 | ₹8,262 |
| ICICI Bank | 8.75% p.a. | ₹22,734/mo | ₹2,62,443 | ₹5,508 |
| SBIBest | 8.25% p.a. | ₹22,469/mo | ₹2,46,515 | ₹3,856 |
| Axis Bank | 8.9% p.a. | ₹22,814/mo | ₹2,67,243 | ₹11,016 |
| Kotak Bank | 8.6% p.a. | ₹22,655/mo | ₹2,57,653 | ₹8,262 |
Mumbai On-Road Breakup
- Ex-showroom₹12.49 L
- Registration + RTO₹62,450
- Insurance (1 yr)₹49,960
- Stamp duty (0.25%)₹3,123
- On-road Mumbai₹13.77 L
Total Repayment (5 yrs)
- Monthly EMI (best rate)₹22,469
- Total paid to bank₹13,48,133
- Interest paid₹2,46,515
- Total cost (incl. DP)₹16,23,538
FAQs — Tata Nexon Ev EMI in Mumbai
What is the EMI for Tata Nexon Ev in Mumbai?
With 20% down payment over 5 years at the best rate (8.25%), EMI is approximately ₹22,469/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 Mumbai, you'd pay ₹2,75,405 upfront.
Is the on-road price in Mumbai different from ex-showroom?
Yes. Mumbai on-road price includes RTO (~5%), insurance (~4%), and stamp duty (0.25%) — adding about 10% to ex-showroom.
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