What is the minimum down payment for Tata Magic school car?
Minimum down payment
The minimum amount of down payment for the TATA magic is going to be 10% of the car's Net ex-showroom price. (ex-showroom price - discounts).
The Tata Magic is priced between INR 4,40,000 and INR 4,90,000 so the minimum down payment will vary from INR 44,000 to INR 49,000 depending on the variant. (The down payment amount could be slightly lower if you're offered cash discounts by the dealership)
However, to be eligible for the 10% down payment scheme, you need to fulfill the following criteria
- Have an excellent CIBIL score
- Fulfill all bank stability norms.
- Full other criteria relating to income, account relationship etc.
Most Popular Cars
Based on Cars Popular on Maxabout
Maruti S-Presso VXi (O) CNG
₹ 5,64,000
326 Views
Honda Amaze ZX CVT
₹ 11,19,900
587 Views
Hyundai i20 N Line N6 DCT Dual Tone
₹ 11,33,800
486 Views Recently Added Cars
New Cars Added On Maxabout
Renault Triber Emotion
₹ 8,64,995
328 Views
Renault Triber Techno
₹ 7,99,995
272 Views
Renault Triber Evolution
₹ 7,24,995
302 Views Upcoming Cars
Exciting Upcoming Cars
Maruti Swift Hybrid
₹ 10,00,000
877 Views
Renault Boreal Bigster SUV
₹ 13,00,000
862 Views
Leapmotor T03
₹ 8,00,000
545 Views Discussions and Questions What Is The Minimum Down Payment For Tata Magic Sc
What is the minimum down payment for Tata Magic school car?
28 December 2022 13:16
Ask a Question
Latest News
Recently Added News
Range Rover Sport SV Carbon 2025: Key Highlights, Performance, and Features Revealed
Thursday, 07 August 2025 12:47 PM
Vinfast VF 6 & VF 7 Variants: 2025 Colours, Features, and Pricing Revealed!
Wednesday, 06 August 2025 12:59 PM
Honda N One e 2025: In-Depth Review of Features, Specs, and 245km Range
Tuesday, 29 July 2025 16:09 PM