If you are planning to buy the top-end trim of the Tata Sierra and are wondering about the monthly EMI amount, here is a complete EMI guide for you.
If you are planning to buy the top-end trim of the Tata Sierra and are wondering about the monthly EMI amount, here is a complete EMI guide for you.
The 1.5-litre naturally aspirated petrol engine variant of the SUV is priced between ₹11.49 lakh and ₹17.99 lakh (ex-showroom). On the other hand, the turbo-petrol engine-powered variant of Sierra is priced between ₹17.99 lakh and ₹20.99 lakh (ex-showroom). The diesel variants, on the other hand, come priced between ₹12.99 lakh and ₹21.29 lakh (ex-showroom).
Tata Sierra: Monthly EMI calculation
For this EMI calculation, we have taken the variant Accomplished+ 1.5-litre diesel AT, which is the top-end variant of the entire Tata Sierra portfolio. It is priced at ₹21.29 lakh (ex-showroom). The loan amount for the EMI calculation was considered as 100% of the ex-showroom price of the model, while the rate of interest considered was 9.5%. The repayment tenure was considered as 36 months, 48 months, and 60 months.
| Accomplished + 1.5L Diesel AT | ₹21.29 lakh | ₹21.29 lakh | 9.5% | 36 months | ₹68,198 | ₹326,133 |
| 48 months | ₹53,487 | ₹438,384 | ||||
| 60 months | ₹44,713 | ₹553,778 |
According to this calculation, for a 12-month repayment tenure, the monthly EMI will be ₹68,198, which will be reduced to ₹53,487 in the case of a 48-month repayment tenure. If you opt for a 60-month repayment tenure, the amount will be reduced to ₹44,713.
