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Tata Magic Express Bi Fuel

Ex-Showroom Price

₹7.62L

Key Specifications

GVW

1935 kg

Power

25 Hp

Tata Magic Express Bi Fuel EMI Calculator

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Tata Magic Express Bi Fuel (₹7,62,000)
Credit Score EstimatorAuto-adjusts interest rate
Interest16%of total cost
Down PaymentLoanInterest

Monthly EMI

₹11,334

Down Payment2,28,600
Loan Principal5,33,400
Total Interest1,46,640
Total Cost9,08,640
Share Your EMI
₹1,00,000₹7,62,000
₹0₹6,62,000
%
7%25%
Yr
1 Year7 Years
💡 Down Payment Insight
Increase down payment by ₹50,000 EMI drops by 1,063 and you save 63,780 in total interest.
Recommended: 5 Years
Balances affordable EMI (₹11,334) with lowest total interest.

Lender Comparison— ₹5,33,400 · 5 yr · 10% base

Bank / NBFCRateProc. FeeEMI
BESTMahindra Finance
8.5%₹2,99910,944
SBI
8.75%₹011,008
ICICI Bank
9.1%₹3,99911,099
HDFC Bank
9.25%₹3,50011,138
Axis Bank
9.5%₹3,50011,203

* Rates are indicative. Actual rate depends on your CIBIL score and lender policy.

  • Processing fee and other loan charges are not included in this calculation.
  • The calculated EMI assumes 10% interest rate. Actual rate may vary based on your credit profile and lender.
  • Loan approval is at the sole discretion of the finance partner.

Tata Magic Express Bi Fuel Price FAQs

What is the approximate on-road price of the Tata Magic Express Bi Fuel in India?

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The on-road price typically ranges from INR 7.5 to 8.5 lakhs, varying by city, RTO charges, and insurance costs, so it is advisable to check locally.

Does the Tata Magic Express Bi Fuel come in different variants?

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It primarily comes in a single bi-fuel variant, sometimes with minor optional accessory differences or seating layout configurations, but the core specification remains consistent.

What kind of EMI options are available for purchasing the Tata Magic Express Bi Fuel?

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Most banks and financial institutions offer flexible EMI options with down payments typically starting from 15-20% and repayment tenures extending up to five years, subject to eligibility.

What is the resale value like for the Tata Magic Express Bi Fuel in the Indian market?

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It generally holds a strong resale value due to its durability, low running costs, and high demand in the commercial passenger vehicle segment, making it a sound investment.

What are the estimated annual maintenance costs for the Tata Magic Express Bi Fuel?

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Maintenance costs are considered low, typically ranging around INR 8,000-12,000 per year, depending on usage patterns and adherence to scheduled service intervals, ensuring affordability.

Tata Magic Express Bi Fuel Brochure

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Tata Magic Express Bi Fuel EMI

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