Tata Magic EV Loan EMI Calculator

EMI calculation for your car

EMI calculation for your Tata Magic EV 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

₹11514.65
Monthly Payment
₹500000
Loan Amount
₹552703.1
Over (Over 48 Payments)
₹52703.0625
Total Interest
2028-12-16
Pay-off Date
Month Principal Interest Total Paid Balance
Jan 2025 9431.32 2083.33 11514.65 490568.68
Feb 2025 9470.61 2044.04 11514.65 481098.07
Mar 2025 9510.07 2004.58 11514.65 471588
Apr 2025 9549.70 1964.95 11514.65 462038.3
May 2025 9589.49 1925.16 11514.65 452448.81
Jun 2025 9629.45 1885.20 11514.65 442819.36
Jul 2025 9669.57 1845.08 11514.65 433149.79
Aug 2025 9709.86 1804.79 11514.65 423439.93
Sep 2025 9750.32 1764.33 11514.65 413689.61
Oct 2025 9790.94 1723.71 11514.65 403898.67
Nov 2025 9831.74 1682.91 11514.65 394066.93
Dec 2025 9872.70 1641.95 11514.65 384194.23
Jan 2026 9913.84 1600.81 11514.65 374280.39
Feb 2026 9955.15 1559.50 11514.65 364325.24
Mar 2026 9996.63 1518.02 11514.65 354328.61
Apr 2026 10038.28 1476.37 11514.65 344290.33
May 2026 10080.11 1434.54 11514.65 334210.22
Jun 2026 10122.11 1392.54 11514.65 324088.11
Jul 2026 10164.28 1350.37 11514.65 313923.83
Aug 2026 10206.63 1308.02 11514.65 303717.2
Sep 2026 10249.16 1265.49 11514.65 293468.04
Oct 2026 10291.87 1222.78 11514.65 283176.17
Nov 2026 10334.75 1179.90 11514.65 272841.42
Dec 2026 10377.81 1136.84 11514.65 262463.61
Jan 2027 10421.05 1093.60 11514.65 252042.56
Feb 2027 10464.47 1050.18 11514.65 241578.09
Mar 2027 10508.07 1006.58 11514.65 231070.02
Apr 2027 10551.86 962.79 11514.65 220518.16
May 2027 10595.82 918.83 11514.65 209922.34
Jun 2027 10639.97 874.68 11514.65 199282.37
Jul 2027 10684.31 830.34 11514.65 188598.06
Aug 2027 10728.82 785.83 11514.65 177869.24
Sep 2027 10773.53 741.12 11514.65 167095.71
Oct 2027 10818.42 696.23 11514.65 156277.29
Nov 2027 10863.49 651.16 11514.65 145413.8
Dec 2027 10908.76 605.89 11514.65 134505.04
Jan 2028 10954.21 560.44 11514.65 123550.83
Feb 2028 10999.85 514.80 11514.65 112550.98
Mar 2028 11045.69 468.96 11514.65 101505.29
Apr 2028 11091.71 422.94 11514.65 90413.58
May 2028 11137.93 376.72 11514.65 79275.65
Jun 2028 11184.33 330.32 11514.65 68091.32
Jul 2028 11230.94 283.71 11514.65 56860.38
Aug 2028 11277.73 236.92 11514.65 45582.65
Sep 2028 11324.72 189.93 11514.65 34257.93
Oct 2028 11371.91 142.74 11514.65 22886.02
Nov 2028 11419.29 95.36 11514.65 11466.73
Dec 2028 11466.87 47.78 11514.65 -0.14
Total ₹500000.14 ₹52703.06 ₹552703.20
Disclaimer: The amount displayed here for Tata Magic EV 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.