Chevrolet Tavera Car Loan EMI Calculator

₹ 13,074.
Here is how - Chevrolet Tavera price starts from ₹ 7,06,457 in Hisar. If you pay a down payment of ₹ 61,692 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 13,074.

The cheapest Tavera model is NY B1 10-Str BS-III which is priced at ₹ 7,06,457 in Hisar. You will need to pay at least a ₹ 61,692 down payment to buy this model.

Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.

Here is a model wise list of max loan amount for Tavera.

Version	On-road price in Hisar	Max Loan
B1 7-Seater - BS III	₹ 7,40,888	₹ 6,76,775
B1 10-Seater - BS III	₹ 7,28,291	₹ 6,65,063
NY B1 7-Str BS-III	₹ 7,19,241	₹ 6,56,650
NY B1 10-Str BS-III	₹ 7,06,457	₹ 6,44,765
NY B2 7-Str BS-III	₹ 8,08,220	₹ 7,39,371
NY B2 10-Str BS-III	₹ 7,95,436	₹ 7,27,487
Neo LS B3 10-Str BS-III	₹ 8,93,570	₹ 8,15,930
Neo LS - B3 7-Seater - BS III	₹ 11,36,315	₹ 10,04,110
Neo LT L 7-Str BS-III	₹ 11,22,382	₹ 10,07,136
Neo LT L 9-Str BS-III	₹ 10,06,828	₹ 9,21,223
Neo SS D1 7-Str BS-III	₹ 10,86,529	₹ 9,95,319
Neo SS D1 8-Str BS-III	₹ 10,59,720	₹ 9,70,395
Neo LS B4 7-Str BS-III	₹ 8,69,543	₹ 7,96,382
Neo LS B4 7-Captain BS-III	₹ 8,84,335	₹ 8,07,344
Neo 3-10 STR BS-III	₹ 9,10,511	₹ 8,01,871
Neo 3 Max -10 STR BS-III	₹ 10,14,072	₹ 8,94,625
Neo 3 LS- 10 STR BS-III	₹ 11,06,319	₹ 9,77,244
Neo 3 LT- 8 STR BS-III	₹ 12,72,270	₹ 11,29,823
Neo 3-7 STR BS-III	₹ 7,69,491	₹ 7,08,014
Neo 3-10 STR BS-IV	₹ 8,21,489	₹ 7,42,549
Neo 3 Max -7 STR BS-III	₹ 10,16,298	₹ 9,00,532
Neo 3 Max -10 STR BS-IV	₹ 9,07,942	₹ 8,18,717
Neo 3 Max -7 STR BS-IV	₹ 9,43,174	₹ 8,50,874
Neo 3 LS- 7 STR BS-III	₹ 11,34,276	₹ 10,02,284
Neo 3 LS- 7(C) STR BS-III	₹ 11,48,942	₹ 10,15,419
Neo 3 LS- 10 STR BS-IV	₹ 9,91,953	₹ 8,95,394
Neo 3 LS- 7 STR BS-IV	₹ 10,20,279	₹ 9,21,247
Neo 3 LS- 7(C) STR BS-IV	₹ 10,32,424	₹ 9,32,332
Neo 3 LT- 9 STR BS-III	₹ 12,61,705	₹ 11,16,414
Neo 3 LT- 7(C) STR BS-III	₹ 13,02,102	₹ 11,56,545
Neo 3 LT- 7(C) STR BS-IV	₹ 12,37,755	₹ 10,99,665
Neo 3 LT- 8 STR BS-IV	₹ 12,09,063	₹ 10,73,947
Neo 3 LT- 9 STR BS-IV	₹ 11,56,041	₹ 10,26,421
Neo 3 Max -9 STR BS-III	₹ 10,13,416	₹ 8,94,037
Neo 3-9 STR BS III	₹ 9,09,924	₹ 8,01,345
Neo 3 LS-9 STR-BSIII	₹ 11,05,602	₹ 9,76,603
Base 10 STR	₹ 9,47,989	₹ 8,34,557
Max 10 STR	₹ 10,28,467	₹ 9,06,576
LS 10 STR	₹ 11,44,083	₹ 10,03,304
LS 9 STR	₹ 10,96,977	₹ 9,67,883
LS 7 STR	₹ 11,10,082	₹ 9,79,611
LS 7(C) STR	₹ 11,24,407	₹ 9,92,430
LT 9 STR	₹ 12,23,256	₹ 10,73,681

As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.

Good Practice will be to chose the shortest possible tenure for which you can afford an EMI amount.

• 1. If you select a higher tenure loan, let's say 7 years, your EMI for Tavera NY B1 10-Str BS-III will be ₹ 11,011 but you will have to pay interest of ₹ 2,80,159 over the period of 7 years.
• 2. If you select a lower tenure loan, let's say 3 years, your EMI amount will be higher at ₹ 22,138, but your interest payment will be only ₹ 1,52,203 over the 3 years period.

₹ 13,074
Chevrolet Tavera price starts from ₹ 7,06,457 in Hisar.

We have considered
Down-payement : ₹ 61,692
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Tavera with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 2,36,000

As a general rule, banks or other lenders offer you a car loan 3 to 4 times your annual income. Considering the on-road price of Tavera starts from ₹ 7.06 Lakh, you can get a loan with an annual income as low as ₹ 2.36 lakh.

Here are the most important things you should consider while getting a car loan for a new Tavera

• 1. Interest rate - Go for the loan with the lowest interest rate.
• 2. Additional Charges - processing fee, prepayment charges, late payment penalty are some of the important points you need to check before taking a loan.
• 3. Tenue and Max Loan Amount - Select a lender who gives you a loan that you can afford.
  -If Max loan amount is lower, you will have to shell out more money upfront to buy the car.
  -If Tenue is lower, your per month instalment amount will increase.
• 4. Eligibility - Banks may have stricter eligibility requirements compared to NBFCs or other financial institutions.