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:

ModelStarting 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.