Tata Tigor EV EMI Calculator


Updated on October 2026
Tata Tigor EV EMI starts at ₹23,525 per month for the XE electric (₹12.49 Lakh ex-showroom, ₹13.55 Lakh on-road Delhi), on a ₹10.94 Lakh loan at 10.5% for 60 months. Down payment: ₹2.61 Lakh. Total interest: ₹3.17 Lakh. The top XZ Plus LUX costs ₹25,910/month.
Also see: Tigor EV On-road price | Tigor EV Variants | Tigor EV Mileage

Tata Tigor EV EMI and Down Payment

Ex-showroom
: Rs. 12,49,000
On-road price
: Rs. 13,55,281  (Delhi)
Loan amount
: Rs. 10,94,489  (On-road price - Down payment)
Down payment
: Rs. 2,60,792  (Amount paid upfront)
Monthly EMI
: Rs. 23,525  (For Tenure of 60 months @ 10.5%; banks start from 8.7%)
Insurance
: Rs. 49,291
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Tata Tigor EV Car Loan EMI Calculator

Variant
XE
On-road price (Delhi)
Rs. 13,55,281
Down payment
Rs. 2,60,792
Loan amount
Rs. 10,94,489
Interest rate
10.5%
Tenure
60 months
Monthly EMI
Rs. 23,525
EMI in advance: You pay one EMI instalment in advance to the bank. This amount is EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan

Tata Tigor EV Car Loan EMI & Loan Breakdown

Monthly EMI
Rs. 23,525
60 months @ 10.5%
  • Down paymentRs. 2,60,792
  • Loan amountRs. 10,94,489
  • Total interestRs. 3,17,011
  • Total loan repayment (EMIs)Rs. 14,11,500
  • Total purchase outlayRs. 16,72,292

Total loan repayment is the EMIs only. Total purchase outlay adds the down payment, so it is what the XE costs you over the loan; it does not include insurance renewal, fuel, maintenance or lender charges other than the processing fee.

YearPrincipal paidInterest paidOutstanding loan
Year 1 Months 1-12Rs. 1,75,673Rs. 1,06,627Rs. 9,18,816
Year 2 Months 13-24Rs. 1,95,034Rs. 87,266Rs. 7,23,782
Year 3 Months 25-36Rs. 2,16,526Rs. 65,774Rs. 5,07,256
Year 4 Months 37-48Rs. 2,40,389Rs. 41,911Rs. 2,66,867
Year 5 Months 49-60Rs. 2,66,867Rs. 15,433Rs. 0
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Tata Tigor EV Car Loan Interest Rates – Bank Comparison

Lending Partners Interest Rate EMI Starting From (60 Months)
Loans From HDFC BankHDFC Bank 8.85% onwards Rs. 22,640 (60 months)
Loans From ICICI BankICICI Bank 9% onwards Rs. 22,720 (60 months)
Loans From Axis BankAxis Bank 9.15% onwards Rs. 22,800 (60 months)
Loans From Bank of Baroda BankBank of Baroda 8.7% onwards Rs. 22,561 (60 months)
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Tata Tigor EV EMI by Loan Tenure

For a Rs. 10,94,489 loan on the XE electric at 10.5%.

Tenure EMI Total Interest Total Payable
36 months Rs. 35,574 Rs. 1,86,175 Rs. 12,80,664
48 months Rs. 28,023 Rs. 2,50,615 Rs. 13,45,104
60 months Rs. 23,525 Rs. 3,17,011 Rs. 14,11,500
84 months Rs. 18,454 Rs. 4,55,647 Rs. 15,50,136
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Tata Tigor EV
4.8 74 user reviews
Starts at ₹ 12.49 Lakh
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Tata Tigor EV Variant-Wise EMI

On-road prices in Delhi. Every variant uses the same rule: the loan runs 60 months at 10.5%, and the down payment is the on-road price minus the loan.

Tigor EV Variants Fuel/Transmission Ex-showroom On-road Price Loan @10.5% Down Payment EMI (60 months)
XE Electric(Battery) / Automatic Rs. 12,49,000 Rs. 13,55,281 Rs. 10,94,489 Rs. 2,60,792 Rs. 23,525
XT Electric(Battery) / Automatic Rs. 12,99,000 Rs. 14,07,484 Rs. 11,38,521 Rs. 2,68,963 Rs. 24,471
XZ Plus Electric(Battery) / Automatic Rs. 13,49,000 Rs. 14,59,887 Rs. 11,82,554 Rs. 2,77,333 Rs. 25,418
XZ Plus LUX Electric(Battery) / Automatic Rs. 13,75,000 Rs. 14,86,933 Rs. 12,05,451 Rs. 2,81,482 Rs. 25,910

How Is the Tata Tigor EV EMI Calculated?

EMI = [P × r × (1 + r)n] ÷ [(1 + r)n − 1], where P is the loan amount, r is the monthly interest rate {(annual rate ÷ 12) ÷ 100} and n is the tenure in months. For the XE electric variant: P = ₹10.94 Lakh, r = (10.5 ÷ 12) ÷ 100 = 0.00875 and n = 60 months, which gives an EMI of ₹23,525.

The calculation starts from the Delhi on-road price of ₹13.55 Lakh (ex-showroom ₹12.49 Lakh plus insurance, RTO and other charges).

Factors That Affect Your Tata Tigor EV Loan EMI

  • Down payment: Every ₹1 lakh of extra down payment lowers the EMI by about ₹2,149 at 10.5% for 60 months.
  • Interest rate: A rate 1% higher adds about ₹546 to the EMI on a ₹10.94 Lakh loan. Starting rates from the banks on this page range from 8.7% to 9.15%.
  • Loan tenure: Over 36 months the EMI is ₹35,574; over 84 months it drops to ₹18,454 but you pay ₹2.69 Lakh more in interest.
  • Variant and city: In Delhi the EMI ranges from ₹23,525 (XE electric) to ₹25,910 (XZ Plus LUX). The on-road price, and with it the loan, changes from city to city with RTO charges and insurance.

EMI of Tata Tigor EV Rivals – Bayon, Thar OG, Scorpio N

Starting EMI of each model's base variant, worked out the same way as the Tata Tigor EV: the down payment is the on-road price minus the loan.

ModelOn-road PriceEMITenureInterest RateCompare
Hyundai Bayon HX 2 Petrol MT Rs. 11,24,247 Rs. 18,827 60 months 10.5% Compare with Tigor EV
Tata Sierra Smart Plus Rs. 13,57,731 Rs. 21,632 60 months 10.5% Compare with Tigor EV
Mahindra Thar OG 1.5L AXT Diesel RWD Rs. 12,37,175 Rs. 19,417 60 months 10.5% Compare with Tigor EV
Mahindra Scorpio N Z2 Rs. 16,06,405 Rs. 25,796 60 months 10.5% Compare with Tigor EV

Frequently Asked Questions About Tata Tigor EV EMI

What is the monthly EMI for the Tata Tigor EV?

₹23,525 a month for the XE electric, on a ₹10.94 Lakh loan at 10.5% for 5 years. The top XZ Plus LUX works out to ₹25,910.

How much down payment is required for the Tata Tigor EV?

About ₹2.61 Lakh for the XE electric in Delhi. That's the on-road price of ₹13.55 Lakh minus the ₹10.94 Lakh loan.

How does the loan tenure affect the Tata Tigor EV EMI?

Over 3 years the EMI is ₹35,574 and you pay ₹1.86 Lakh in interest. Stretch it to 7 years and the EMI drops to ₹18,454, but interest rises to ₹4.56 Lakh.

Is the Tata Tigor EV EMI calculated on the ex-showroom price or the on-road price?

On the on-road price. In Delhi the XE electric costs ₹13.55 Lakh on-road, which includes ₹49,291 insurance and ₹56,990 RTO and other charges.

Does the Tata Tigor EV EMI calculator include the processing fee?

Yes. The ₹5,450 processing fee is paid with the down payment and is not added to the loan.

Which bank has the lowest interest rate for a Tata Tigor EV loan?

Bank of Baroda, from 8.7%. At that rate the EMI on the same ₹10.94 Lakh loan comes to ₹22,561 a month.

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Tata Tigor EV
4.8 74 user reviews
Starts at Rs. 12.49 Lakh
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