BMW M340i Car Loan EMI Calculator
BMW M340i EMI starts at 1,47,815 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 13.80 Lakh. BMW M340i price starts at ₹ 86.70 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
xDrive
City
Mumbai
Adjust M340i Car Loan Parameters
On-Road Price
₹ 86,69,627₹ 1,47,815 for 5 Years
BMW M340i Loan Repayment Schedule
This table helps you understand, how much loan payment will be pending at the end of the each year of the loan. This way, you can arrive at the amount you will need if you decide to pre-pay your loan.
Months | Principal Paid | Interest Paid | Balance Loan |
---|---|---|---|
12 | ₹ 12,35,226 | ₹ 5,38,554 | ₹ 60,54,774 |
24 | ₹ 13,37,749 | ₹ 4,36,031 | ₹ 47,17,025 |
36 | ₹ 14,48,783 | ₹ 3,24,997 | ₹ 32,68,242 |
48 | ₹ 15,69,031 | ₹ 2,04,749 | ₹ 16,99,211 |
60 | ₹ 16,99,211 | ₹ 74,523 | ₹ 0 |
BMW M340i EMI
BMW M340i Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 13,79,627
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
xDrive ₹ 86,69,627 | ₹13,79,627 | ₹1,47,815 |
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Explore more about BMW M340i
M340i EMI FAQs
Here is how - BMW M340i price starts from ₹ 86,69,627 in Mumbai. If you pay a down payment of ₹ 13,79,627 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 1,47,815.
Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.
Version | On-road price in Mumbai | Max Loan |
---|---|---|
xDrive | ₹ 86,69,627 | ₹ 72,90,000 |
As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.
- 1. If you select a higher tenure loan, let's say 7 years, your EMI for M340i xDrive will be ₹ 1,35,127 but you will have to pay interest of ₹ 40,60,668 over the period of 7 years.
- 2. If you select a lower tenure loan, let's say 3 years, your EMI amount will be higher at ₹ 2,71,675, but your interest payment will be only ₹ 24,90,300 over the 3 years period.