Tata Punch EV: The Tata Punch EV has emerged as a solid alternative for anybody considering purchasing a new electric vehicle this month. It may be a very smart choice to purchase this stylish, feature-rich electric SUV with a 400+ km range. In this article, we will tell you how much will be your monthly EMI if you make a downpayment of Rs 2 Lakh. Read on to know.
With a down payment of just Rs 2 lakh, you can buy its most affordable variants, the Tata Punch EV Smart and Punch EV Smart Plus. we’ll also provide you with more details on the amount of the car loan, the interest rate, and the EMI.
Tata Punch EV finance details
The on-road price of the Tata Punch EV Smart Plus Adventure is Rs 12.10 lakh. You will need to take out a loan for about Rs 10.10 lakh if you choose to finance this Punch EV model with a down payment of Rs 2 lakh. You will be required to pay about Rs 21,000 in monthly instalments for the following five years if the loan has a maximum five-year term and an interest rate of 9%. According to the factors listed above, you would be required to pay interest on a financing of approximately Rs 2.5 lakh for the Tata Punch EV Smart Plus model.
The on-road cost of the Tata Punch EV Smart Variant is approximately Rs 11.60 lakh. You will need to get a car loan for Rs 9.60 lakh if you choose to finance this electric vehicle with a down payment of Rs 2 lakh. You will be required to pay around Rs 20,000 in monthly instalments for the following five years if the loan is taken out with an interest rate of 9% and is taken out for five years. The abovementioned terms indicate that interest on a Tata Punch EV Smart will cost about Rs 2.36 lakh.
Tata Punch EV details
Like other EV models in Tata’s lineup, the Punch features two battery pack options. A medium-range and long-range battery pack options are available.
First up is the medium-range drivetrain, which has a 25 kWh battery pack and can provide up to 82 PS of maximum power and 114 Nm of peak torque. With a maximum speed of 110 kmph, the medium-range powertrain is said to have a 315 km range on a single charge.
As for the long-range models, they have a 35 kWh battery pack. The maximum power and maximum torque produced by this motor are 122 PS and 190 Nm, respectively. It offers an amazing 421 km of range.
With two 10.25-inch screens serving as an entertainment system and a driver’s display, the Tata Punch EV‘s interior has a number of high-end features. The SUV also includes an arcade with e-view technology that lets passengers watch movies and TV, ventilated seats, a wireless phone charger, Android Auto, Apple Car Play and touch climate control. Furthermore, it has a single-pane sunroof and cruise control.
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