Tata Magic Express M2 Loan EMI Calculator

EMI calculation for your car

EMI calculation for your Tata Magic Express M2 loan is just few clicks away. You can simply enter loan amount and interest rate being charged on the loan to get the possible EMI on the reducing balance. You can enter your desired duration and get the EMI for your new car. However, the processing fee and one time change may be applicable differently on different banks or financial institutions.

Loan EMI Calculator

Vehicle Price (before tax)
Down Payment
Trade in Amount
Owed on Trade
Interest Rate
Sales Tax Rate
Term
Start Date

Amortization Schedule

₹14690.41
Monthly Payment
₹637901
Loan Amount
₹705139.7
Over (Over 48 Payments)
₹67238.6875
Total Interest
2028-03-28
Pay-off Date
Month Principal Interest Total Paid Balance
Apr 2024 12032.49 2657.92 14690.41 625868.51
May 2024 12082.62 2607.79 14690.41 613785.89
Jun 2024 12132.97 2557.44 14690.41 601652.92
Jul 2024 12183.52 2506.89 14690.41 589469.4
Aug 2024 12234.29 2456.12 14690.41 577235.11
Sep 2024 12285.26 2405.15 14690.41 564949.85
Oct 2024 12336.45 2353.96 14690.41 552613.4
Nov 2024 12387.85 2302.56 14690.41 540225.55
Dec 2024 12439.47 2250.94 14690.41 527786.08
Jan 2025 12491.30 2199.11 14690.41 515294.78
Feb 2025 12543.35 2147.06 14690.41 502751.43
Mar 2025 12595.61 2094.80 14690.41 490155.82
Apr 2025 12648.09 2042.32 14690.41 477507.73
May 2025 12700.79 1989.62 14690.41 464806.94
Jun 2025 12753.71 1936.70 14690.41 452053.23
Jul 2025 12806.85 1883.56 14690.41 439246.38
Aug 2025 12860.22 1830.19 14690.41 426386.16
Sep 2025 12913.80 1776.61 14690.41 413472.36
Oct 2025 12967.61 1722.80 14690.41 400504.75
Nov 2025 13021.64 1668.77 14690.41 387483.11
Dec 2025 13075.90 1614.51 14690.41 374407.21
Jan 2026 13130.38 1560.03 14690.41 361276.83
Feb 2026 13185.09 1505.32 14690.41 348091.74
Mar 2026 13240.03 1450.38 14690.41 334851.71
Apr 2026 13295.19 1395.22 14690.41 321556.52
May 2026 13350.59 1339.82 14690.41 308205.93
Jun 2026 13406.22 1284.19 14690.41 294799.71
Jul 2026 13462.08 1228.33 14690.41 281337.63
Aug 2026 13518.17 1172.24 14690.41 267819.46
Sep 2026 13574.50 1115.91 14690.41 254244.96
Oct 2026 13631.06 1059.35 14690.41 240613.9
Nov 2026 13687.85 1002.56 14690.41 226926.05
Dec 2026 13744.88 945.53 14690.41 213181.17
Jan 2027 13802.16 888.25 14690.41 199379.01
Feb 2027 13859.66 830.75 14690.41 185519.35
Mar 2027 13917.41 773.00 14690.41 171601.94
Apr 2027 13975.40 715.01 14690.41 157626.54
May 2027 14033.63 656.78 14690.41 143592.91
Jun 2027 14092.11 598.30 14690.41 129500.8
Jul 2027 14150.82 539.59 14690.41 115349.98
Aug 2027 14209.79 480.62 14690.41 101140.19
Sep 2027 14268.99 421.42 14690.41 86871.2
Oct 2027 14328.45 361.96 14690.41 72542.75
Nov 2027 14388.15 302.26 14690.41 58154.6
Dec 2027 14448.10 242.31 14690.41 43706.5
Jan 2028 14508.30 182.11 14690.41 29198.2
Feb 2028 14568.75 121.66 14690.41 14629.45
Mar 2028 14629.45 60.96 14690.41 0
Total ₹637901.00 ₹67238.68 ₹705139.68
Disclaimer: The amount displayed here for Tata Magic Express M2 is in Indian Rupee and has been rounded off to the nearest rupee. Additional charges like processing fee, file charges or any other additional charge has been included in the final EMI. Loan insurance value is even not mentioned in the final product. The terms and conditions of various institutions should be read before signing any document. Values for indication only. Exact values are to be cleared with the institution only.