Land Rover Range Rover Car Loan EMI Calculator

₹ 4,84,342.
Here is how - Land Rover Range Rover price starts from ₹ 2,82,98,879 in Mumbai. If you pay a down payment of ₹ 44,11,879 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 4,84,342.

The cheapest Range Rover model is SE 3.0 Petrol which is priced at ₹ 2,82,98,879 in Mumbai. You will need to pay at least a ₹ 44,11,879 down payment to buy this model.

Note: Down payment is the amount you would pay upfront to buy your car. Bank give you a loan for the remaining amount.

Here is a model wise list of max loan amount for Range Rover.

Version	On-road price in Mumbai	Max Loan
SE 3.0 Petrol	₹ 2,82,98,879	₹ 2,38,87,000
HSE 3.0 Petrol	₹ 3,12,97,850	₹ 2,64,26,000
Autobiography 3.0 Petrol	₹ 3,54,47,274	₹ 2,99,39,000
First Edition 3.0 Petrol	₹ 3,82,00,564	₹ 3,22,70,000
SE 4.4 Petrol	₹ 3,01,23,775	₹ 2,54,32,000
HSE 4.4 Petrol	₹ 3,31,22,746	₹ 2,79,71,000
Autobiography 4.4 Petrol	₹ 3,72,72,170	₹ 3,14,84,000
First Edition 4.4 Petrol	₹ 3,96,42,762	₹ 3,34,91,000
SE LWB 3.0 Petrol	₹ 3,03,83,631	₹ 2,56,52,000
HSE LWB 3.0 Petrol	₹ 3,32,55,036	₹ 2,80,83,000
Autobiography 3.0 LWB Petrol	₹ 3,74,18,633	₹ 3,16,08,000
First Edition 3.0 LWB Petrol	₹ 4,01,71,923	₹ 3,39,39,000
SE 4.4 LWB Petrol	₹ 3,22,08,526	₹ 2,71,97,000
HSE 4.4 LWB Petrol	₹ 3,50,79,932	₹ 2,96,28,000
Autobiography 4.4 LWB Petrol	₹ 3,92,43,529	₹ 3,31,53,000
First Edition 4.4 LWB Petrol	₹ 4,16,05,854	₹ 3,51,53,000
SE LWB 3.0 Petrol 7 STR	₹ 3,17,69,134	₹ 2,68,25,000
HSE LWB 3.0 Petrol 7 STR	₹ 3,46,26,366	₹ 2,92,44,000
Autobiography 3.0 Petrol 7 STR	₹ 3,87,79,333	₹ 3,27,60,000
SE LWB 4.4 Petrol 7 STR	₹ 3,35,94,030	₹ 2,83,70,000
HSE LWB 4.4 Petrol 7 STR	₹ 3,64,51,262	₹ 3,07,89,000
Autobiography LWB 4.4 Petrol 7 STR	₹ 4,06,04,229	₹ 3,43,05,000
SE LWB 3.0 Diesel 7 STR	₹ 3,23,16,364	₹ 2,68,25,000
HSE LWB 3.0 Diesel 7 STR	₹ 3,52,22,944	₹ 2,92,44,000
Autobiography LWB 3.0 Diesel 7 STR	₹ 3,94,47,637	₹ 3,27,60,000
SE 3.0 Diesel	₹ 2,87,86,174	₹ 2,38,87,000
HSE 3.0 Diesel	₹ 3,18,36,941	₹ 2,64,26,000
Autobiography 3.0 Diesel	₹ 3,60,58,030	₹ 2,99,39,000
First Edition 3.0 Diesel	₹ 3,88,58,872	₹ 3,22,70,000
SE LWB 3.0 Diesel	₹ 3,09,06,932	₹ 2,56,52,000
HSE LWB 3.0 Diesel	₹ 3,38,27,930	₹ 2,80,83,000
Autobiography LWB 3.0 Diesel	₹ 3,80,63,437	₹ 3,16,08,000
First Edition LWB 3.0 Diesel	₹ 4,08,64,279	₹ 3,39,39,000

As a thumb rule, you can get a maximun loan of up to 100% of the ex-showroom price.

Good Practice will be to chose the shortest possible tenure for which you can afford an EMI amount.

• 1. If you select a higher tenure loan, let's say 7 years, your EMI for Range Rover SE 3.0 Petrol will be ₹ 4,41,072 but you will have to pay interest of ₹ 1,31,63,048 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 ₹ 8,86,784, but your interest payment will be only ₹ 80,37,224 over the 3 years period.

₹ 4,84,342
Land Rover Range Rover price starts from ₹ 2,82,98,879 in Mumbai.

We have considered
Down-payement : ₹ 44,11,879
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy Range Rover with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 94,33,000

As a general rule, banks or other lenders offer you a car loan 3 to 4 times your annual income. Considering the on-road price of Range Rover starts from ₹ 2.83 Crore, you can get a loan with an annual income as low as ₹ 94.33 lakh.

Here are the most important things you should consider while getting a car loan for a new Range Rover

• 1. Interest rate - Go for the loan with the lowest interest rate.
• 2. Additional Charges - processing fee, prepayment charges, late payment penalty are some of the important points you need to check before taking a loan.
• 3. Tenue and Max Loan Amount - Select a lender who gives you a loan that you can afford.
  -If Max loan amount is lower, you will have to shell out more money upfront to buy the car.
  -If Tenue is lower, your per month instalment amount will increase.
• 4. Eligibility - Banks may have stricter eligibility requirements compared to NBFCs or other financial institutions.