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.
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.
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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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?