Competition in India’s mid-size SUV market is becoming increasingly intense. In this segment, Tata Motors introduced its first coupe-style SUV, the Tata Curvv, which has attracted attention for its sporty design and sloping roofline.

If you are planning to buy this SUV through a loan, it is important to understand how much EMI you may need to pay each month.

Competition in the Mid-Size SUV Segment

The Tata Curvv competes with several popular models in India, including:

• Hyundai Creta

• Kia Seltos

• Maruti Suzuki Grand Vitara

However, the Curvv stands out because of its coupe-inspired styling and modern design, which differentiates it from traditional SUVs.

Price and Variant Details

The ex-showroom price of the Tata Curvv ranges from:

• ₹9.65 lakh to ₹18.85 lakh

The EMI calculation below is based on the top variant – Accomplished +A DCA 1.5, priced at ₹18.85 lakh (ex-showroom).

Estimated Monthly EMI

The calculation assumes:

• Loan amount: ₹18.85 lakh

• Interest rate: 9.5% per year

• Full loan amount financed

24-Month Loan (2 Years)

• Monthly EMI: about ₹86,539

• Total Interest Paid: about ₹1.92 lakh

This option has higher EMIs but lower overall interest.

36-Month Loan (3 Years)

• Monthly EMI: about ₹60,375

• Total Interest Paid: about ₹2.88 lakh

This provides a balanced EMI and moderate interest burden.

48-Month Loan (4 Years)

• Monthly EMI: about ₹47,352

• Total Interest Paid: about ₹3.88 lakh

This option reduces monthly payments but increases the total interest cost.

Factors That Affect Car Loan EMI

Your actual EMI for the Tata Curvv may vary depending on several factors:

• Interest rate offered by the bank

• Down payment amount

• Total loan amount

• Loan tenure (repayment period)