Auto / Tata Tiago hatchback with 4 Star Safety EMI Calculator

Tata Tiago EMI Calculator: Tata Motors vehicles are being well-liked. Due to the strong sales of cars, it is currently the third largest car selling company in the country and is just behind the second number Hyundai. Tata Motors has many models with different prices and features. The cheapest car among these is Tata Tiago. 5 people can sit in this hatchback of the company and the direct competition of this vehicle remains with cars like Maruti Celerio, and WagonR. Here we are telling you how you can bring this car home by spending just Rs 1.5 lakh.

what is the price

The company has recently increased the prices of Tata Tiago by up to Rs 15,000. Now its price starts from Rs. 5.54 lakhs and goes up to Rs. 8.05 lakhs (ex-showroom Delhi). It is sold in six trims XE, XM, XT(O), XT, XZ and XZ+. If you want to buy this car on loan, then you can make it your own even by paying Rs 1.5 lakh. Here we have brought the complete math of its EMI.

Bring home a car for 1.5 lakhs

If you go for the base variant of the car, it will cost you Rs 6.35 lakh on road. Now let us assume that you are buying this variant on loan. It is worth noting here that you can give more down payment as per your choice, the interest rate is different in different banks and the loan tenure can also be chosen from 1 cell to 7 years.

For example, let us assume a down payment of Rs 1.5 lakh, an interest rate of 9.8 per cent and a loan tenure of 5 years. In such a situation, you will have to pay an EMI of Rs 10,262 every month. You will pay an additional Rs 1.30 lakh towards the total loan amount (Rs 4.85 lakh).

Tata Tiago Features

It gets a 7-inch touchscreen infotainment system with Apple CarPlay and Android Auto, projector headlights with LED DRLs and a rear defogger with wiper. It also gets an eight-speaker sound system, automatic climate control and a cooled glovebox.