Know Tata Punch SUV ready EMI on Rs 60,000 down payment: Details explained

The Tata Punch is currently the most affordable SUV offering in the entire Indian market, and demand for the car is skyrocketing. Tata is selling the micro SUV at a starting price of Rs 5.67 lakh (ex-showroom), which you can either pay in full upfront with registration, insurance and other fees or opt for an option EMI which eases the burden slightly by letting you pay monthly installments for a duration you choose.
Wondering what would be the lowest EMI on the Tata Punch SUV if you pay a deposit of just Rs 60,000? Here is a table showing the on-road (Delhi) car price by variant, and the lowest monthly installment you would have to shell out, taking an estimated interest rate, term and down payment –
Variant On-road prices
Mandate Interest rate
Deposit NDE
Pure Rs6,26,162 5 years 9.8% 60,000 rupees 11,974 rupees
pure rhythm Rs6,60,210 5 years 9.8% 66,000 rupees 12,567 rupees
Adventure Rs 7,36,189 5 years 9.8% 74,000 rupees 14,004 rupees
Adventure Rhythm Rs 7,74,479 5 years 9.8% 77,000 rupees 14,751 rupees
AMT Adventure Rs8,01,830 5 years 9.8% 80,000 rupees 15,266 rupees
Accomplish Rs8,34,650 5 years 9.8% 83,000 rupees 15,896 rupees
AMT Adventure Rhythm Rs8,40,120 5 years 9.8% 84,000 rupees 15,991 rupees
Accomplish glare Rs8,83,880 5 years 9.8% 88,000 rupees 16,832 rupees
Accomplish AMT Rs 9,00,290 5 years 9.8% 90,000 rupees 17,137 rupees
Creative Rs 9,42,956 5 years 9.8% 94,000 rupees 17,954 rupees
Accomplish Dazzle AMT Rs 9,49,520 5 years 9.8% 95,000 rupees 18,072 rupees
Kaziranga Rs 9,61,555 5 years 9.8% 96,000 rupees 18,305 rupees
Creative IRA Rs 9,75,777 5 years 9.8% 98,000 rupees 18,564 rupees
IRA of Kaziranga Rs 9,94,375 5 years 9.8% 99,000 rupees 18,936 rupees
Creative AMT Rs 10,08,597 5 years 9.8% Rs 1,01,000 19,195 rupees
Kaziranga AMT Rs 10,27,195 5 years 9.8% Rs 1,03,000 19,546 rupees
Creative IRA AMT Rs 10,41,417 5 years 9.8% Rs 1,04,000 19,825 rupees
Kaziranga IRA AMT Rs 10,60,015 5 years 9.8% Rs 1,06,000 20,176 rupees

We have chosen a median term of 5 years as standard, with a down payment of around 10% and an estimated annual interest rate of 9.8%. However, note that the money order can be chosen according to your needs, while the interest rate varies from bank to bank. Additionally, you can also choose to pay a higher or even lower deposit, which will change your EMI again.

Interior Tata Punch

The Tata Punch SUV is currently retailing at an ex-showroom price of Rs 5.67 lakh for the base Pure variant, which goes up to Rs 9.48 lakh for the top-end Kaziranga Edition IRA auto trim. On the other hand, the on-road (Delhi) price of the Tata car is between Rs 6.26 lakh and Rs 10.60 lakh.
For reference, if you were to purchase the entry-level Pure variant of the Tata Punch SUV with an ex-showroom price of Rs 5.67 lakh on EMI basis after paying Rs 60,000 as the down payment amount, you would end up by paying Rs 11,974 as a monthly installment for the next 60 months (5 years) with a return on investment of 9.8%. At the end of the term, you would have paid a total of Rs 7,18,440 for the Tata Punch Pure. Is there another car you would like to know the EMI for? Let us know in the comments below.

Clifton L. Boyd