Know Tata Harrier SUV EMI loan on Rs 1.5 lakh down payment: Details explained
Thinking of buying the Tata Harrier and wondering how much EMI you will have to pay? Here is a table showing the on-road (Delhi) price per variant of the Tata SUV, and the lowest monthly installment you would have to shell out, keeping in mind an average term, return on investment, as well as a down payment –
| Variant | On-road prices (Delhi) |
Mandate | Interest rate (valued) |
Down Payment |
NDE |
| XE | Rs 17,24,542 | 5 years | 9.8% | Rs 1,50,000 | 33,300 rupees |
| XM | Rs 18,86,925 | 5 years | 9.8% | Rs 1,89,000 | 35,909 rupees |
| XT | Rs 20,35,971 | 5 years | 9.8% | Rs 2,04,000 | 38,744 rupees |
| XMA AT | Rs 20,37,710 | 5 years | 9.8% | Rs 2,04,000 | 38,781 rupees |
| XT+ | Rs 21,28,761 | 5 years | 9.8% | Rs 2,13,000 | 40,516 rupees |
| XT+ dark | Rs 21,63,558 | 5 years | 9.8% | Rs 2,16,000 | 41,188 rupees |
| XZ | Rs 21,97,195 | 5 years | 9.8% | Rs 2,20,000 | 41,815 rupees |
| XZ Dual tone |
Rs22,20,392 | 5 years | 9.8% | Rs 2,22,000 | 42,264 rupees |
| XTA+ AT | Rs 22,79,547 | 5 years | 9.8% | Rs2,28,000 | 43,388 rupees |
| XTA+ Dark AT | Rs 23,14,343 | 5 years | 9.8% | Rs 2,31,000 | 44,060 rupees |
| XZA AT | Rs23,47,980 | 5 years | 9.8% | Rs 2,35,000 | 44,687 rupees |
| XZA AT Dual tone |
Rs 23,71,178 | 5 years | 9.8% | Rs 2,37,000 | 45,135 rupees |
| XZ+ | Rs 23,82,776 | 5 years | 9.8% | Rs 2,38,000 | 45,359 rupees |
| XZ+ Kaziranga | Rs 24,06,554 | 5 years | 9.8% | Rs 2,41,000 | 45,799 rupees |
| XZ+ Dual tone |
Rs24,06,670 | 5 years | 9.8% | Rs 2,41,000 | 45,801 rupees |
| XZ+ dark | Rs 24,13,049 | 5 years | 9.8% | Rs 2,41,000 | 45,936 rupees |
| XZA+ AT | Rs 25,33,562 | 5 years | 9.8% | Rs 2,53,000 | 48,231 rupees |
| XZA+ Kaziranga AT | Rs25,57,340 | 5 years | 9.8% | Rs 2,56,000 | 48,671 rupees |
| XZA+ AT Dual tone |
Rs 25,57,455 | 5 years | 9.8% | Rs 2,56,000 | 48,673 rupees |
| XZA+ Dark AT | Rs 25,69,054 | 5 years | 9.8% | Rs 2,57,000 | 48,897 rupees |
To make it easier for you, we have chosen an average occupancy period of 5 years as standard, as well as a down payment of around 10% and an estimated bank interest rate of 9.8%. Note that the buyer is free to decide the duration for which he will take out the loan, while the interest rate varies from one bank to another. Additionally, you can also choose to pay a higher or lower down payment, which will decrease or increase your Easy Monthly Payment (EMI) respectively.
Tata Motors is currently selling the Harrier in India at a starting price of Rs 14.52 lakh for the entry-level XE variant, going up to Rs 21.81 lakh (both prices, ex-showroom) for the range Automatic XZA+ Dark Edition. model. However, the on-road (Delhi) price of the Tata SUV is currently between Rs 17.24 lakh and Rs 25.69 lakh.
For example, suppose you decide to buy the XMA AT variant of the Tata Harrier SUV, which currently has an ex-showroom price of Rs 17,22,900. If you pay Rs 2.04 lakh as down payment on the price of Rs 20,37,710 on the road (Delhi), you will end up paying Rs 38,781 as EMI for a period of 60 months (5 years) for a total loan amount of Rs 18,33,710. At the end of the term, you would have paid Rs 25,30,860 (all inclusive) for the SUV, which also includes the deposit.
Let us know in the comments below if you want to know the EMI for any other car or SUV of your choice!
