As the prices of petrol and diesel continue to soar, the demand for electric vehicles is on the rise in the Indian market. Catering to this growing need, Tata Motors has rolled out the Tata Punch EV, a new electric car that not only offers an attractive appearance and advanced features but also provides a battery range exceeding 400 kilometers. What sets it apart is the option to finance the Tata Punch EV with a down payment as low as Rs 2 lakh, offering a monthly expense akin to petrol payments.
Tata Punch EV Variants and Pricing
The Tata Punch EV lineup includes 20 distinct variants such as Smart, Smart Plus, Adventure, Empowered, and Empowered Plus. The ex-showroom prices for these variants range from Rs 10.99 lakh to Rs 15.49 lakh. With battery options of 25 kWh and 35 kWh, the electric SUV ensures a commendable range spanning from 315 km to 421 km on a single charge.
Finance Plan and Monthly EMI
For those interested in owning the Tata Punch EV, a down payment of just Rs 2 lakh opens the door. The on-road price for the Tata Punch EV Smart variant stands at approximately Rs 11.60 lakh. Opting for a car loan of Rs 9.60 lakh at a 9% interest rate over 5 years results in a monthly EMI of around Rs 20,000. The total interest incurred for financing the Tata Punch EV Smart is estimated to be around Rs 2.36 lakh.
InShort
The Tata Punch EV emerges as an appealing choice for individuals seeking an electric car in India. Its captivating design, advanced features, and budget-friendly financing alternatives have garnered widespread popularity among consumers. The surge in demand for electric vehicles across the country signals a significant shift toward sustainable transportation. With the Tata Punch EV, consumers not only enjoy the benefits of owning an electric car but also contribute to a greener and eco-conscious future.
