Own the Tata Punch EV Base Model for Rs 1.1 Lakh Down Payment! Calculate Your EMI Now

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Tata Punch EV Base Model: Tata Motors has electrified the Indian market with the launch of the Punch EV, a compact SUV brimming with practicality, style, and affordability. Starting at Rs. 11 lakh (ex-showroom), the Punch EV is accessible to a wider audience who can now experience the thrill of electric driving without breaking the bank.

Tata Punch EV Base Model for ₹1.1 Lakh Down Payment! Calculate Your EMI Now

But let’s face it, a new car purchase often raises the question: can I afford the EMI? Worry not, we’ve crunched the numbers to understand the down payment and EMI options for the Punch EV.

Tata Punch EV Base Model Down Payment & EMI Math:

Most banks and loan companies offer auto loans at around 9% interest, with 80% to 90% financing available. This means a 10% down payment is typical. Let’s explore this scenario for the base Punch EV Smart variant:

Down payment: Rs. 1.10 lakh (10% of Rs. 11 lakh)
Loan amount: Rs. 9.90 lakh (90% of Rs. 11 lakh)
Loan tenure: 7 years (84 months)

Interest rate: 9% per annum

With these parameters, your monthly EMI would be Rs. 15,928. While Rs. 3,47,968 in interest over seven years may seem substantial, remember, you’re investing in a future-proof vehicle with minimal running costs.

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Beyond Calculations: Punch EV’s Tech & Features:

The Punch EV isn’t just about numbers; it’s packed with exciting features:

10.25-inch HARMAN Infotainment System: Enjoy seamless connectivity and entertainment.

OTA Updates: Stay updated with the latest software, over the air.
10-inch Digital Multi View Cockpit: Get all the information you need at a glance.
Embedded Navigation: Never get lost, explore with ease.

Multiple Voice Assistant Support: Command your car with Alexa, Siri, Google Assistant, or Hey Tata.
200+ Voice Commands in 6 Languages: Control features effortlessly in your preferred language.
Wireless Charging: Ditch the cables, charge your phone conveniently.

Wireless Android Auto & Apple CarPlay: Connect seamlessly and access your smartphone features.
Auto Hold & Electronic Parking Brake: Drive with comfort and ease.
Rain Sensing Wipers & Auto Headlamps: Let the car take care of the weather.

Arcade.ev: Stay entertained on the go with Jio page, BB racing, Jio games, and video streaming.

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Safety First:

The Punch EV prioritizes safety with:

6 Airbags Standard: Stay protected in case of an accident.
ESP Standard: Maintain stability and control on any road.
ISOFIX Standard: Secure child seats with ease.

SOS Call Function: Get help when needed.
Rear Parking Sensor & 360 Degree Camera: Park confidently.
Blind Spot View Monitor: Drive without blind spots.

IP67 Rated Battery Pack & Motor: Enjoy peace of mind with a robust and protected drivetrain.
Hill Hold & Descent Control: Conquer slopes with ease.
All 4 Disc Brakes & Brake Disc Wiping: Experience optimal stopping power.

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Design & Specifications:

The Punch EV inherits sleek design elements from its ICE sibling, the Nexon EV. LED light bars, split LED headlights, and a redesigned bumper give it a modern and sporty look. 16-inch diamond-cut alloy wheels and disc brakes add to its athletic stance.

Choose from two battery pack options: 25 kWh or 35 kWh. The 25 kWh offers a certified range of 421 Km, while the 35 kWh variant goes 315 Km on a single charge. Recharge options include a 7.2 kW fast home charger and a 3.3 kW wallbox charger. For maximum convenience, a DC fast charger can replenish the battery from 10% to 80% in just 56 minutes.

Final Verdict

The Tata Punch EV presents an exciting opportunity to own a stylish, functional, and eco-friendly car without breaking the bank. With its competitive price, manageable EMI options, and feature-packed experience, the Punch EV is poised to become a game-changer in the Indian electric vehicle market. So, are you ready to plug into the future with the Punch EV?

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Tata Punch EV: Unleashing Electric Fun on a Budget – FAQs

What is the starting price of the Tata Punch EV?

The Tata Punch EV starts at Rs. 11 lakh (ex-showroom).

What are the different battery pack options and their ranges?

It comes in two battery options: 25 kWh providing 421 Km range and 35 kWh offering 315 Km range.

What are the financing options available for the Punch EV?

Most banks offer auto loans with 80-90% financing at 9% interest rate, requiring a 10% down payment. You can expect an EMI of Rs. 15,928 for the base model with a 7-year loan.

What are the key features of the Punch EV?

It boasts a 10.25-inch HARMAN infotainment system, OTA updates, 10-inch digital cockpit, embedded navigation, multiple voice assistant support, wireless charging, Android Auto/Apple CarPlay, auto hold, rain-sensing wipers, 360-degree camera, and an in-car entertainment system called Arcade.ev.

Is the Punch EV safe?

Absolutely! It comes equipped with 6 airbags, ESP, ISOFIX child seat mounts, SOS call function, rear parking sensors, 360-degree camera, blind spot monitor, IP67-rated battery and motor, hill hold and descent control, and all-disc brakes.

What is the down payment required for the Punch EV?

For most loans, you'll need a 10% down payment, which is Rs. 1.10 lakh for the base model.

What are the monthly EMI payments for the Punch EV?

With a 7-year loan at 9% interest on the base model, your monthly EMI would be around Rs. 15,928.

What are the charging options for the Punch EV?

You can choose a 7.2 kW fast home charger or a 3.3 kW wallbox charger. For faster charging, DC fast chargers can replenish the battery from 10% to 80% in just 56 minutes.

What is the warranty on the battery and motor?

The battery and motor have a warranty of 8 years or 160,000 Km.

What is Arcade.ev and what does it offer?

Arcade.ev is an in-car entertainment system with access to Jio page, BB racing, Jio games, video streaming apps like Disney+ Hotstar, music and media apps like Gaana, and more.