Tata Tiago Car loan: Features & Benefits
The following are the features and benefits of the Tata Tiago car loan :
| Features | Car Loan |
| Interest Rate | 8.25% to 14.26% (Avg is 9.40%) |
| Processing Fee | 1.00%, a minimum of Rs. 5,000 to a maximum of Rs. 10,000 |
| Loan Tenure | Upto 7 years |
| Lowest EMI | Rs. 1,556 per lakh |
| Loan Amount | Upto 100% of ex-showroom price |
| Prepayment Charges | 5% from 13 to 24 months, 3% after 24 months |
Tata Tiago car loan eligibility criteria:
| Eligibility Requirements | Details |
| Age | 21 years – 60 years |
| Minimum Annual Income | For Salaried Individuals: Rs. 0.01 Lakh Lakhs
For Self Employed Professionals: Rs. 0.01 Lakh Lakhs For Self Employed Businessmen: Rs. 0.01 Lakh Lakhs |
| Minimum Credit Score | 700 and above |
| Loan Tenure | Upto 7 years |
| Loan to Value Ratio | 100% of ex-showroom price |
Tata Tiago car loan EMI calculator:
With the Car EMI Calculator, all you have to do is enter the essential information, such as whether you want to buy a new or used car, the sanction loan amount, the loan tenure, and the interest rate, and then click calculate. The Auto Loan EMI Calculator shows you your yearly principal and interest repayment amounts in detail.
Calculating the EMI for your automobile loan is simple. As soon as you enter the appropriate loan amount and interest rate, you will be given an EMI. The EMI calculator calculates the instalment based on the balance being reduced. Processing fees or other charges may be imposed by financing institutions, which are not included in the EMI we compute.
Tata Tiago Car Loan Interest Rate, Charges and Fees:
| Interest Rate | 8.25% to 14.26% (Avg of 9.40%) |
| Processing Fee | Less than Rs. 10,000 or 0.4% of car loan sanctioned |
| Foreclosure Charges | 3% to 6% that depends on the loan tenure (no foreclosure fees for loans disbursed after 6 months ago) |
| Documentation Fees | Rs. 600 each time |
| Penalty for Late Payment | 2% for each month |
| Financing Quantum | Up to 100% depending on customer profile |
Documents required for Tata Tiago car loan:
Once you are levelled with all kinds of documentation, then it will be easy for you to apply for a Tata Tiago car loan as you will be prepared with all the legal papers required. Before the loan can be disbursed, the loan provider will want the applicant to send certain relevant papers in order to verify his statements and meet some of the loan’s unique requirements.
| Individual |
Documentation
|
| Salaried Applicant |
Two Passport-size photocopies of your tax identification number (PAN)
Aadhaar, Passport/ Driving License/ Voter ID/ PAN are all acceptable forms of identification. Automobile quote Passport, Leave and License, Registered Rent Agreement, Utility Bill (up to 3 months old), Residential Address Proof. 3 months pay stubs, 2 years Form 16, 3 months bank statement displaying salary credit and any EMI debit Vehicle Registration and Insurance |
| Self Employed Applicant |
Two Passport Size Photo Copy of Income Tax PAN (Filled Out Loan Application Form)
Aadhaar, Passport, Driving License, Voter ID, and PAN is all acceptable forms of identification. Car price quote Proof of residential address – leave and license/registered rent agreement/utility bill (up to 3 months old), Passport. Income Documents – 3 months pay stubs, 2 years of Form 16, 3 months bank statement displaying income credit and any EMI debit. Vehicle Registration and Insurance |
Tata Tiago:
 |
Starts at Rs.4.99 – 6.95 Lakh |
Engine and Transmission:
| Engine Type | 1.2L Revotron |
| Displacement (cc) | 1199 |
| Max Power | 84.48bhp@6000rpm |
| Max Torque | 113Nm@3300rpm |
| No. of cylinder | 3 |
| Valves Per Cylinder | 4 |
| Valve Configuration | DOHC |
| Fuel Supply System | MPFi |
| Bore X Stroke | 77 X 85.8 mm |
| Compression Ratio | 10.8:1 |
| Turbo Charger | – |
| Super Charge | – |
| TransmissionType | Automatic |
| Gear Box | 5 Speed |
| Drive Type | FWD |
Fuel & Performance:
| Fuel Type | Petrol |
| Mileage (ARAI) | 23.84 |
| Fuel Tank Capacity (Litres) | 35.0 |
| Emission Norm Compliance | BS VI |
Suspension, Steering & Brakes:
| Front Suspension | Independent, Lower wishbone, McPherson (dual path) strut type |
| Rear Suspension | Twist beam with coil spring mounted on hydraulic shocks |
| Steering Type | Electric |
| Steering Column | Tilt |
| Steering Gear Type | Rack & Pinion |
| Turning Radius (Metres) | 4.9 meters |
| Front Brake Type | Disc |
| Rear Brake Type | Drum |
Dimensions & Capacity:
| Length (mm) | 3765 |
| Width (mm) | 1677 |
| Height (mm) | 1535 |
| Boot Space (Litres) | 242 |
| Seating Capacity | 5 |
| Ground Clearance Unladen (mm) | 170 |
| Wheel Base (mm) | 2400 |
| Front Tread (mm) | 1400 |
| Rear Tread (mm) | 1420 |
| Kerb Weight (Kg) | 982-991 |
| No of Doors | 5 |
Tata Tiago on-road and ex-showroom price:
Since its introduction in India, the Tata Tiago has gotten a second update. The entry-level B-segment hatchback receives a number of significant improvements over its predecessor.
Price of Tata Tiago ex-showroom Delhi price:
| Versions | On-Road Price |
|---|---|
Tiago XE |
₹ 5.60 Lakh |
Tiago XT |
₹ 6.30 Lakh |
Tiago XZ |
₹ 6.90 Lakh |
Tiago XTA |
₹ 6.98 Lakh |
Tiago XZ Plus |
₹ 7.19 Lakh |
Tiago XZ Plus Dual Tone |
₹ 7.30 Lakh |
Tiago XZA |
₹ 7.47 Lakh |
Tiago XZA Plus |
₹ 7.76 Lakh |
Tiago XZA Plus Dual Tone |
₹ 7.87 Lakh |
Down Payments required for Tata Tiago car loan:
- Tata Tiago EMI starts at Rs 11,187 per month for a tenure of 60 months @ 9.8 for a loan amount of Rs 5.29 Lakh.
- The variants basically show differences in their power, performance, and also on its price so if taking about downpayment, it will vary from model to model. So, apply for Tata Tiago Car Loan
- The loan rate for Tata Tiago car loan for Tata Tiago XM will be 9.8%, the downpayment will be around 58,798/- and the EMI that will be charged for 60 months or 5 years will be around 11,187/-.
- The loan rate for Tata Tiago car loan for Tata Tiago XT will be 9.8%, the downpayment will be around 65,631/- and the EMI that will be charged for 60 months or 5 years will be around 12,484/-.
- The loan rate for Tata Tiago car loan for Tata Tiago XT Limited Edition will be 9.8%, the downpayment will be around 63,507/- and the EMI that will be charged for 60 months or 5 years will be around 12.077/-.
- The loan rate for Tata Tiago car loan for Tata Tiago XZ will be 9.8%, the downpayment will be around 70,419/- and the EMI that will be charged for 60 months or 5 years will be around 13,412/-.
- The loan rate for Tata Tiago car loan for Tata Tiago XTA Amt will be 9.8%, the downpayment will be around 71,164/- and the EMI that will be charged for 60 months or 5 years will be around 13,548/-.
About Tata Tiago:
Tata Tiago was introduced in 2016 by Tata Motors. After the word Zica was deleted, the name Tiago was formed from internet submissions. Zica was chosen as a short word to represent “zippy automobile.” In Portuguese, Tiago is a general masculine name.
The Tata Tiago is an A-segment hatchback with seating for five people. Tiago comes in four different models: XE, XT, XZ, and XZ+. Except for the XE, all models are available with an AMT automatic transmission. Arizona blue, Flame red, Victory yellow, Pearlescent white, Pure silver, and Daytona grey are the colors available in Tata Tiago. The Tiago’s boot size is 242 litres, which is comparable to that of its competitor, the Hyundai i10, which has a boot size of 250 liters.
Features and safety found in Tata Tiago:
Dual front airbags, Antilock Braking System (ABS), Electronic Brake Distribution (EBD), Corner Stability Control (CSC), and rear parking sensors are now standard on the Tata Tiago, the popular selling hatchback from the Indian automobile manufacturer. Seat belts and a speed detecting alarm system are also included in the car.
The Tata Tiago has just received a safety feature upgrade, and it is still powered by a 1.2-litre petrol and 1.05-litre diesel engine. Tata Tiago now has Dual front airbags are now standard, along with ABS with EBD, CSC, rear parking sensor, and speed and seat belt alert. Thus, the Tata Tiago car loan is available to fulfill your dreams of having your own car. under tata Tiago car loan, the following car loans are specialized for tata Tiago.
Tata Tiago Mileage:
| Fuel Type | Transmission | ARAI Mileage | * City Mileage | * Highway Mileage |
|---|---|---|---|---|
| Petrol | Manual | 23.84 kmpl | – | – |
| Petrol | Automatic | 23.84 kmpl | 15.26 kmpl | 21.68 kmpl |
How to get a Tata Tiago Car Loan?
to get a Tata Tiago Car Loan, dialabank is a good option to get your inquiries to be cleared out. India’s First Financial Helpline is Dialabank. It is the finest option for obtaining a Tata Tiago car loan. As a result of using this service, customers can save time and money. Visit Dialabank website to apply for a loan. Dialabank can also be reached by phone at, 9878981144.
Tata Tiago news:
On select models, Tata Motors is offering a 6 month EMI holiday.
Customers can now make no down payment, get a six-month EMI break (just interest is due monthly), and get up to 100% on-road funding for a loan term of five years under the plan. Tata Motors announced on Wednesday that it has launched a six-month EMI holiday programme for Tiago, Nexon, and Altroz customers. Customers can now make no down payment, get a six-month EMI break (just interest needs to be serviced monthly), and get up to 100% on-road funding for a five-year loan term, according to a statement from Tata Motors.
Tata Motors has launched a special edition Tiago trim that costs Rs 5.79 lakh.
Tata Motors announced on Saturday that a limited edition trim of its entry-level hatchback Tiago, priced at Rs 5.79 lakh, has been launched (ex-showroom Delhi). Tata Motors noted in a statement that the unveiling marks the first anniversary of the model’s revised version’s release. Additional amenities include black alloy wheels, a reverse parking display with a sensor, and voice command recognition, to name a few.
Tata Tiago FAQ’s
✅ What is theTata Tiago’s precise on-road price?
The Tiago starts at Rs. 5,53,809 on the road in Delhi. RTO fees and insurance are included in the on-road price.
✅ What are the latest Tata Tiago offers for the month of May?
Two discounts are offered on the Tata Tiago in Delhi for the month of May 2021.
✅ Tiago or Altroz: which car is better?
The Tiago starts at Rs 4.99 lakh ex-showroom, while the Altroz starts at Rs 5.79 lakh ex-showroom.
Compare the prices, features, and specifications of these two models.
✅ What will theTata Tiago’s EMI or down payment be?
The Tata Tiago EMI starts at Rs 11,187 per month for a loan amount of Rs 5.29 lakh with a 60-month term and a down payment of Rs 59,000.
