Tata Nexon EV: A Complete Cost Breakdown (July 2025)
The Tata Nexon EV is a cornerstone of India's electric vehicle revolution, consistently ranking among the top sellers. With sales of the Nexon line growing 14% in May 2025, its popularity is undeniable. This guide provides a practical, step-by-step breakdown of the total cost and financing options for a new Nexon EV.
On-Road Price in Major Cities (July 2025) The on-road price includes ex-showroom price, RTO charges, and insurance. Here are the estimated on-road prices for the Nexon EV:
| City | On-Road Price Range |
| Delhi |
₹14.58 Lakh - ₹18.30 Lakh
|
| Mumbai |
₹13.14 Lakh - ₹18.09 Lakh
|
| Bengaluru | ₹13.59 Lakh - ₹18.56 Lakh |
| Ahmedabad | ₹13.35 Lakh - ₹19.33 Lakh |
Note: Prices are indicative and can vary based on variant and dealer.
Calculating Your Down Payment and EMI. Your down payment depends on the Loan-to-Value (LTV) ratio. Many lenders like SBI offer up to 100% financing on the on-road price for eligible customers. A more common scenario is 90% financing, requiring a 10% down payment.
The table below shows estimated EMIs for a sample loan of ₹14 lakh at a competitive interest rate of 9.10% p.a. (a typical rate for SBI's Green Car Loan).
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Start at the Dealership: Inquire at an authorised Tata Motors dealership for exclusive financing tie-ups.
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Benchmark and Compare: Use the dealer's offer as a baseline and compare it against open-market "Green Loan" offers from major banks.
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Negotiate: A good credit score gives you leverage to ask for a better rate or a waiver on processing fees.
Conclusion: Financing a Tata Nexon EV is straightforward, but a strategic approach can save you significant money. By understanding the costs, calculating your potential EMI, and diligently comparing offers, you can make your transition to electric driving both exciting and affordable.
Financing is just one part of the puzzle. For everything else you need to know, visit our Ultimate Guide to EV Loans in India.