Buy a TATA Nexon only for Rs 2 lakh; see the calculation on a 5-year loan basis

Tata Nexon has established itself as one of the leading SUVs in India over the past three years, particularly excelling in the sub-4 meter SUV category. With its contemporary design, updated interiors, and an array of technological advancements, the Tata Nexon combines style, comfort, safety, and numerous features.

Pricing has been revised

As the new year unfolds, the pricing has been revised according to the variant. The base variant of the Tata Nexon CNG is priced at Rs 8.99 lakh ex-showroom, while the top variant reaches Rs 15.59 lakh ex-showroom. For those considering the purchase of the Nexon CNG, we will provide details regarding the on-road price and EMI for the base variant. In Delhi, the on-road price for the base variant of the Tata Nexon CNG is approximately Rs 10.13 lakh.

EMI calculation on a down payment of Rs 2 lakh (Delhi)

If one opts to make a down payment of Rs 2 lakh in Delhi, a loan of Rs 8.13 lakh would be required. Assuming a loan tenure of five years at an interest rate of 9 percent, the monthly EMI would be around Rs 17,000. It is important to note that the loan amount and interest rate are contingent upon the individual’s credit score, and the loan amount may differ across cities based on the on-road price, variant selection, and banking institution.

Therefore, it is advisable to consult with the official bank prior to making a purchase. Additionally, it is recommended that individuals with a salary ranging from Rs 70,000 to Rs 1 lakh consider this option. The vehicle claims a mileage of 27 km/kg, attributed to Tata’s twin-cylinder technology, which includes two CNG cylinders with a total capacity of 60 liters.

The Tata Nexon is equipped with various features such as a sunroof, a 10.25-inch infotainment system, USB Type-C charging ports, six airbags, and a reverse camera for enhanced safety. In 2024, the Tata Nexon underwent crash testing by Bharat NCAP, achieving a commendable five-star safety rating.

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