Want To Buy Tata Punch For Rs 10,000 EMI? Find Out The Loan Duration

Tata Punch, a top-selling SUV, is in high demand. Find out about loan options for purchasing this popular Tata car.

Tata Punch is available in petrol, CNG, manual, and automatic options, with CNG variants gaining popularity.

Source : Special arrangement

The Tata Punch emerged as the best-selling SUV in India in 2024. Liked for its safety features, the car has earned a 5-star rating in crash tests conducted by Global NCAP. The ex-showroom price of the Punch starts at Rs 6 lakh and goes up to Rs 10.32 lakh. It is available in 31 variants and comes in five different colour options.

Buying A Tata Punch on Loan

The on-road price of the base model, Tata Punch Pure MT, is Rs 6,88,250. To finance this through a car loan, you can borrow up to Rs 6.2 lakh. This would require an upfront down payment of around Rs 68,000. Opting for a higher down payment will help reduce your monthly EMI burden.

Assuming an interest rate of 9% on the car loan, your monthly EMI will vary depending on the loan tenure:

• 7-year loan: EMI of approximately Rs 10,000 per month

• 6-year loan: EMI of around Rs 11,200 per month

• 5-year loan: EMI of roughly Rs 12,900 per month

• 4-year loan: EMI of about Rs 15,500 per month

It’s important to note that EMI amounts may differ slightly based on the bank’s lending policies and applicable charges. Before availing a loan, carefully review all terms and conditions outlined in the loan documents.

The Tata Punch is available with both petrol and CNG powertrains, as well as in manual and automatic transmission options. Since its launch in October 2021, the Punch has become one of the best-selling cars in its segment — and the top-selling model for Tata Motors. 

The introduction of the CNG variant in 2024 further boosted the popularity of the subcompact SUV. In 2024, petrol variants accounted for more than 50% of overall Punch sales, followed by CNG at a little over 30%, and the electric version contributing around 15%.

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