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Tiago EV Down Payment

Just Rs 16,310! New Tata Tiago EV: Downpayment, EMI & Price

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The Tata Tiago EV is the latest electric car from Tata Motors that offers an affordable, eco-friendly, and premium driving experience. The Tiago EV is based on the popular Tiago hatchback, but with an electric powertrain that delivers impressive performance and range. If you are interested in buying the new Tata Tiago EV, you might be wondering about its price, down payment, and EMI options. In this blog post, we will answer all your queries and help you find the best deal for your dream car. So Here is Tata Tiago EV: Down Payment, EMI, Price and Variant.

Price and Variants of the Tata Tiago EV

Tiago EV Down Payment
Tiago EV Down Payment

The Tata Tiago EV is priced very competitively, starting from Rs. 9.05 lakh for the base XE Base variant and going up to Rs. 12.12 lakh for the top-end XZ Plus Fast Charge variant (ex-showroom, Delhi). The Tiago EV is available in four variants: XE Base, XT Base, XZ Plus, and XZ Plus Tech Lux. Each variant comes with two battery options: Medium Range (19.2 kWh) and Long Range (24 kWh).

The price difference between the Medium Range and Long Range variants is Rs. 1 lakh for each trim level. The price difference between the XE Base and XT Base variants is Rs. 1 lakh, while the difference between the XT Base and XZ Plus variants is Rs. 1.35 lakh. The difference between the XZ Plus and XZ Plus Tech Lux variants is Rs. 50,000.

Here is a table that summarizes the price and variants of the Tiago EV:

VariantMedium RangeLong Range
XE BaseRs. 9.05 lakhRs. 10.05 lakh
XT BaseRs. 10.05 lakhRs. 11.05 lakh
XZ PlusRs. 11.40 lakhRs. 12.40 lakh
XZ Plus Tech LuxRs. 11.90 lakhRs. 12.90 lakh

The Tiago EV offers great value for money, considering its features and performance compared to other electric cars in India. It is also eligible for various state and central government subsidies and incentives for electric vehicles, which can further reduce its effective cost.

Down Payment and EMI Options

If you want to buy the Tata Tiago EV on loan, you will need to pay a certain amount of down payment and monthly EMIs (equated monthly instalments) to the bank or financial institution that provides you with the loan.

The down payment is usually a percentage of the total cost of the car that you pay upfront to reduce your loan amount and interest rate.

The EMI is the fixed amount that you pay every month to repay your loan over a certain period of time.

The down payment and EMI options for the Tata Tiago EV depend on various factors, such as:

  • The price and variant of the car that you choose
  • The loan amount and interest rate that you get from the bank or financial institution
  • The loan tenure or duration that you opt for
  • The subsidy or incentive that you are eligible for

To give you an idea of how much down payment and EMI you will have to pay for the Tata Tiago EV, we have used an online EMI calculator tool that takes into account these factors.

We have assumed that you are buying the car in Delhi, where it is eligible for a subsidy of Rs. 1 lakh under the Delhi Electric Vehicle Policy.

We have also assumed that you are getting a loan amount of 90% of the ex-showroom price of the car at an interest rate of 8% per annum for a tenure of 5 years.

Tata Tiago EV: Down Payment, EMI, Price and Variant

Based on these assumptions, here are some examples of down payment and EMI options for different variants of the Tata Tiago EV:

VariantMedium RangeLong Range
XE BaseDown payment: Rs. 1.41 lakh
EMI: Rs. 16,310
Down payment: Rs. 2.41 lakh
EMI: Rs. 18,210
XT BaseDown payment: Rs. 2.41 lakh
EMI: Rs. 18,210
Down payment: Rs. 3.41 lakh
EMI: Rs. 20,110
XZ PlusDown payment: Rs. 3.76 lakh
EMI: Rs. 20,810
Down payment: Rs. 4.76 lakh
EMI: Rs. 22,710
XZ Plus Tech LuxDown payment: Rs. 4.26 lakh
EMI: Rs. 21,610
Down payment: Rs. 5.26 lakh
EMI: Rs. 23,510

Please note that these are only indicative figures and may vary depending on the actual price, loan amount, interest rate, loan tenure, subsidy, and other charges that you get from the bank or financial institution.

You can use online EMI calculator tools to find out the exact down payment and EMI options for the Tata Tiago EV based on your preferences and eligibility.

Benefits of Buying the Tiago EV

Buying the Tata Tiago EV has many benefits, such as:

  • Saving money on fuel costs, as electricity is cheaper than petrol or diesel
  • Saving money on maintenance costs, as electric cars have fewer moving parts and require less servicing
  • Saving money on taxes and registration fees, as electric cars are exempted from road tax and registration fees in some states
  • Saving the environment, as electric cars produce zero tailpipe emissions and reduce air pollution
  • Enjoying a smooth and silent driving experience, as electric cars have no engine noise or vibration
  • Availing various subsidies and incentives from the government for electric vehicles, such as lower GST rate, income tax deduction, FAME II scheme benefits, etc.

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Features and Specifications of the New Tiago EV

The Tata Tiago EV is not only a cost-effective and eco-friendly car, but also a feature-rich and high-performance car.

Some of the features and specifications of the Tata Tiago EV are:

  • An electric motor that delivers either 60 bhp or 74 bhp of power and either 110 Nm or 114 Nm of torque, depending on the battery option chosen
  • A single-speed automatic transmission that provides a smooth and effortless driving experience
  • A driving range of 250 km for the Medium Range battery and 315 km for the Long Range battery (under test conditions)
  • An acceleration from 0 to 60 km/h in just 5.7 seconds
  • Three driving modes: Eco, City, and Sport
  • Four levels of regenerative braking (0, 1, 2, and 3)
  • A sleek grille with a tri-arrow pattern and an EV badge on both ends
  • Electric blue accents on the grille, instrument cluster, and air vents
  • Projector headlamps with LED daytime running lights (DRLs)
  • A contrast roof option with dual-tone colours
  • A spacious and comfortable cabin with leatherette upholstery
  • A flat-bottom steering wheel with leatherette wrapping and mounted controls
  • A height-adjustable driver seat
  • An automatic climate control system
  • A cooled glovebox
  • A rearview camera with parking sensors
  • Electrically adjustable and foldable outside rearview mirrors (ORVMs)
  • A powered boot opening and A boot space of 242 litres
  • A seating capacity of five people
  • A 7-inch touchscreen infotainment system by Harman that supports Android Auto and Apple CarPlay
  • Four speakers and four tweeters for a surround sound experience
  • ZConnect app that lets you access 45 smart connected features for your car
  • Cruise control, Multi-information display (MID), Tyre pressure monitoring system (TPMS)
  • Auto headlamps and rain-sensing wipers
  • Anti-lock braking system (ABS) with electronic brakeforce distribution (EBD)
  • Dual front airbags, Global NCAP rating of 4 stars, Corner stability control (CSC)
  • Immobilizer

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Charging Options

One of the main concerns of electric car buyers is the availability and accessibility of charging options.

The Tata Tiago EV addresses this concern by providing various charging options for its customers, such as:

  • A 15A socket charger that can charge your car from any 15A socket from 10% to 100% in 6.9 hours for Medium Range battery and 8.7 hours for Long Range battery
  • A 3.3 kW AC charger that can charge your car from 10% to 100% in 6.9 hours for Medium Range battery and 8.7 hours for Long Range battery
  • A 7.2 kW AC charger that can charge your car from 10% to 100% in 2.6 hours for Medium Range battery and 3.6 hours for Long Range battery
  • A DC fast charger that can charge your car from 10% to 80% in 58 minutes for both Medium Range and Long Range batteries
  • The Tiago EV also comes with a charging locator feature that helps you find the nearest charging station for your car. You can also use the ZConnect app to check the availability and status of charging stations.
  • The Tata Tiago EV is compatible with the Tata Power EZ Charge network, which is India’s largest public EV charging network with over 500 charging points across more than 100 cities.
  • The Tata Power EZ Charge network offers various types of chargers, such as AC slow chargers, AC fast chargers, and DC fast chargers, that cater to different types of electric vehicles.
  • You can use the Tata Power EZ Charge app to locate, book, pay, and monitor your charging sessions at any of the charging points.
  • You can also avail various benefits and offers from the Tata Power EZ Charge network, such as free charging for a limited period, loyalty points, discounts, etc.

Comparison with Other Electric Cars in India

  • The Tata Tiago EV is currently the most affordable electric car in India
  • The closest competitor to the Tiago EV is the Tata Tigor EV, which is based on the Tigor compact sedan and shares the same electric powertrain as the Tiago EV.
  • The Tigor EV is priced from Rs. 12.49 lakh to Rs. 13.75 lakh (ex-showroom, Delhi), which is about Rs. 3 lakh more than the Tiago EV.
  • The Tigor EV offers a slightly higher range of 306 km for the Medium Range battery
  • 375 km for the Long Range battery (under test conditions).
  • The Tigor EV also offers a bigger boot space of 316 litres and some additional features, such as a shark fin antenna, a rear armrest, and a push-button start/stop.
  • However, the Tiago EV has an advantage over the Tigor EV in terms of performance, as it has a higher power output of 74 bhp compared to the Tigor EV’s 55 bhp.
  • The Tiago EV also has a lower kerb weight of 1,050 kg compared to the Tigor EV’s 1,156 kg, which makes it more agile and efficient.
  • The MG Comet EV is expected to be launched in early 2023 with a price range of Rs. 7.98 lakh to Rs. 9.98 lakh (ex-showroom).
  • The MG Comet EV will offer a range of around 250 km on a single charge
  • powered by a 44 kW electric motor that will produce around 60 bhp of power and 160 Nm of torque.
  • The MG Comet EV will also come with some premium features, such as a sunroof, a digital instrument cluster, an air purifier, etc.
  • However, the MG Comet EV will have a smaller battery capacity of around 16 kWh compared to the Tiago EV’s 19.2 kWh or 24 kWh.
  • The MG Comet EV will also have a lower ground clearance of around 150 mm compared to the Tiago EV’s 170 mm.

FAQs about the Tata Tiago EV

Here are some frequently asked questions about the Tata Tiago EV that you might find useful:

  • Q: What is the warranty period for the Tata Tiago EV?
  • A: The Tata Tiago EV comes with a standard warranty of three years or one lakh km, whichever is earlier. The battery pack and electric motor also come with an eight-year or one lakh sixty thousand km warranty, whichever is earlier.
  • Q: What are the dimensions of the Tata Tiago EV?
  • A: The Tata Tiago EV has a length of 3,769 mm, a width of 1,677 mm, a height of 1,535 mm, and a wheelbase of 2,400 mm.
  • Q: How many colours are available for the Tata Tiago EV?
  • A: The Tata Tiago EV is available in five colour options: Daytona Grey, Flame Red, Pearlescent White, Pure Silver, and Victory Yellow.
  • Q: How can I book or buy the Tata Tiago EV?
  • A: You can book or buy the Tata Tiago EV online through the official website of Tata Motors or through any authorized dealer of Tata Motors in your city. You can also use the ZConnect app to book or buy the Tiago EV.

Conclusion

The Tata Tiago EV is a gamechanger in India’s electric car market, as it offers an exciting, effortless, eco-friendly, and premium EV drive experience at an affordable price. It combines style, performance, comfort, technology, and safety in a compact and practical package.

If you are looking for an electric car that suits your budget, lifestyle, and preferences, you should definitely consider the Tata Tiago EV as your next car.

You can also avail easy down payment and EMI options for the Tata Tiago EV from various banks and financial institutions that offer attractive loan schemes for electric vehicles.

Siddharth Antre

Hey, I am Siddharth Antre, Blogger & Youtuber From Nashik. Here I share all Auto News on Daily Basis. Writing Blogs since 2014.