Cheaper than a phone EMI? Tata Motors EV announces monthly plans for its massive Dec year-end sale
Tata Motors Passenger Vehicles Limited (TMPV) announced on Thursday a new range of aggressive monthly instalment plans for December, aimed at driving year-end sales across its internal combustion engine (ICE) and electric vehicle (EV) lineups.
The special offers feature entry-level monthly payments starting at ₹4,999 for the Tiago, while the flagship Curvv.ev is available with EMIs starting at ₹14,555. These rates are scheduled to remain in effect through Dec. 31, 2025.
Internal Combustion Engine (ICE) Offers
The manufacturer has tiered its ICE portfolio to attract first-time buyers and those looking to upgrade. The monthly payments are structured as follows:
| Model | Starting EMI |
| Tiago | ₹4,999 |
| Tigor / Punch | ₹5,999 |
| Altroz | ₹6,777 |
| Nexon | ₹7,666 |
| Curvv | ₹9,999 |
These ICE figures are calculated based on an 84-month repayment period and include "Balloon scheme" options of 25% to 30%.
Electric Vehicle (EV) Incentives
Tata Motors, a leader in the Indian EV segment, also introduced specific financing for its battery-powered models. Unlike the ICE range, EV financing is based on a longer 120-month repayment cycle.
- Tiago.ev: ₹5,999
- Punch.ev: ₹7,999
- Nexon.ev: ₹10,999
- Curvv.ev: ₹14,555
Financing Terms and Conditions
The company noted that actual monthly payments may vary depending on the total on-road price and the final loan amount approved. Financing remains at the sole discretion of the lending institutions.