Enjoy the Tata Punch with a Low Down Payment
Planning to buy Tata Punch and take it home? To be more precise, starting with a down payment of ₹2 lakh, you could drive off in this sought-after SUV. Here is a quick guide on how you can strategise the management of the balance loan and monthly EMI for this car.
Pricing and Loan Details
Coming to the Tata Punch, the base variant is Punch Pure and has an ex-showroom Delhi price of ₹6,12,900. Extra expenses such as RTO charges comes to ₹42,903 and ₹35,311 for insurance; the ex-showroom price gets bumped up to ₹6,91,114.
In case of 20 per cent down payment of ₹2 lakh your required loan amount would be ₹4,91,114. Using the formula for loan EMI, the EMI at a 7 years loan tenure, and 9 percent of interest will be approximately ₹7,902. For the money borrowed, you will end up paying back an interest amount of ₹1,72,618 over the consideration of seven years.
Specifications of Tata Punch
The Tata Punch offers excellent value with its impressive features:The Tata Punch offers excellent value with its impressive features:
- Engine: A 1. 2-litre three cylinder petrol unit that produces 86 PS of power and 113 Nm of torque.
- Mileage: The car gives a mileage of up to 20. 09 kmpl. • Safety: 6 airbags; Anti-lock Braking System with Electronic Brake-force Distribution; Tire Pressure Monitoring System; reversing camera; ISOFIX child seat mounts.
- Comfort: Comes with a 7” touch screen, auto climate control, auto headlamp and wipers, rain sensing wipers, and a cooled glove box.
Why should you choose the Tata Punch?
Apart from the safety of the Tata Punch which garnered 5 stars in the Global NCAP rating, it is also one of the most affordable hatchbacks with a practical use. The car can accomodate features and a good design meant that whoever desires to own a reliable and fashionable SUV, this car is the go to car.