Are you planning to buy Tata Tiago and wondering how much EMI you will have to pay? Here is a table showing the variant-wise on-road (Delhi) price of the Tata hatchback and the minimum monthly installment taking into account the average tenure, ROI and down payment –
| type | on-road price (Delhi) |
Rate of interest (Estimated) |
tenure | advanced payment | EMI |
| exe | Rupee. 5,95,543 | 9.8% | 5 years | 60,000 rupees | Rs 11,326 |
| ext (o) | Rs 6,43,504 | 9.8% | 5 years | Rs 64,000 | Rs 12,256 |
| XZ | Rs 6,59,491 | 9.8% | 5 years | Rs 66,000 | Rupee. 12,552 |
| XTA AMT | Rs 7,37,757 | 9.8% | 5 years | Rs 74,000 | Rs 14,038 |
| XZ+ | Rs 7,68,439 | 9.8% | 5 years | Rupee. 77,000 | Rs 14,623 |
| XZ+ dual tone |
Rs 7,78,302 | 9.8% | 5 years | Rupee. 78,000 | Rs 14,811 |
| XZA AMT | Rs 7,81,589 | 9.8% | 5 years | Rupee. 78,000 | Rs 14,880 |
| XZA+ AMT | Rupee. 8,28,708 | 9.8% | 5 years | Rs 83,000 | Rs 15,771 |
| XZA+ AMT dual tone |
Rupee. 8,38,571 | 9.8% | 5 years | Rs 84,000 | Rs 15,958 |
| Tiago ICNG | |||||
| exe | Rs 7,11,154 | 9.8% | 5 years | Rs 71,000 | Rupee. 13,538 |
| XM | Rs 7,44,056 | 9.8% | 5 years | Rs 74,000 | Rs 14,171 |
| XT | Rs 7,76,957 | 9.8% | 5 years | Rupee. 78,000 | Rs 14,782 |
| XZ+ | Rupee. 8,67,895 | 9.8% | 5 years | Rs 87,000 | Rs 16,517 |
| XZ+ dual tone |
Rupee. 8,77,855 | 9.8% | 5 years | Rs.88,000 | Rs 16,704 |
| Tiago NRG | |||||
| XT | Rs 7,23,322 | 9.8% | 5 years | Rs 72,000 | Rupee. 13,775 |
| XZ | Rs 7,68,439 | 9.8% | 5 years | Rupee. 77,000 | Rs 14,623 |
| XZA AMT | Rupee. 8,28,708 | 9.8% | 5 years | Rs 83,000 | Rs 15,771 |
To make it easy for you, we have chosen an average tenure of 5 years as standard with an approximate 10% down payment amount and an estimated 9.8% bank interest rate. Note that the buyer is free to decide the period for which he will take the loan, while the interest rate varies from one bank to another. In addition, you can also choose to pay a higher or lower down payment, which will increase or decrease your Easy Monthly Installment (EMI) respectively.
Tata Motors currently sells the Tiago in India at a starting price of Rs 5.40 lakh for the entry-level XE variant, which goes up to Rs 7.82 lakh (both prices, ex-showroom) for the range-topping XZ+ Dual Tone CNG. pattern. However, the on-road (Delhi) price of the Tata hatch is currently between Rs 5.96 lakh and Rs 8.78 lakh.
For instance, let’s say you decide to buy the recently launched XT variant of the Tata Tiago NRG variant, which currently has an ex-showroom price of Rs 6.42 lakh. If you pay Rs 72,000 as down payment out of Rs 7,23,322 on-road (Delhi) price, you will get Rs 6 as EMI for a period of 60 months (5 years) for a total loan amount of Rs. 13,775 will have to be paid in Rs. ,51,322. At the end of the tenure, you would have paid Rs 8,26,500 apart from the down payment for the hatchback.
Let us know in the comments below if you want to know the EMI of any other car, motorcycle or scooter of your choice!