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      Volvo XC40 Recharge Car Loan EMI Calculator

      Volvo XC40 Recharge EMI starts at 1,11,419 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 3.22 Lakh. Volvo XC40 Recharge price starts at ₹ 58.17 Lakh and goes up to ₹ 61.26 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.

      Volvo XC40 Recharge
      VolvoXC40 Recharge₹ 58.17 - 61.26 Lakh

      Variant

      Single

      Right Arrow

      City

      Mumbai

      Right Arrow

      Adjust XC40 Recharge Car Loan Parameters

      On-Road Price

      ₹ 58,16,501

      XC40 Recharge Single EMI

      1,11,419 for 5 Years

      Down Payment
      Loan Tenure (Months)
      Bank Interest Rate
      %

      Volvo XC40 Recharge Single Car Loan EMI

      On-Road Price₹ 58,16,501
      Ex-Showroom Price₹ 5495000
      Max Loan Amount₹ 5495000
      Down Payment as per your Selectiont₹ 3,21,501
      Loan Amount₹ 54,95,000
      EMI Amount 1,11,419
      Interest Component11,90,140(17.8%)
      Principal Component54,95,000(82.2%)
      Total Payable over 5 Years66,85,140
      Note: This doesn't include bank processing fee.

      Volvo XC40 Recharge 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.

      MonthsPrincipal PaidInterest PaidBalance Loan
      12₹ 9,31,082₹ 4,05,946₹ 45,63,918
      24₹ 10,08,362₹ 3,28,666₹ 35,55,556
      36₹ 10,92,055₹ 2,44,973₹ 24,63,501
      48₹ 11,82,694₹ 1,54,334₹ 12,80,807
      60₹ 12,80,807₹ 56,169₹ 0

      Volvo XC40 Recharge EMI

      Volvo XC40 Recharge Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 3,21,501

      On-Road Price in MumbaiMin Down PaymentEMI
      P8 AWD

      ₹ 61,25,827

      ₹3,35,827₹1,17,400
      Single

      ₹ 58,16,501

      ₹3,21,501₹1,11,419

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      Explore more about Volvo XC40 Recharge

      Volvo XC40 Recharge
      Volvo XC40 Recharge
      ₹ 58.17 - 61.26 LakhOn-Road Price, Mumbai

      XC40 Recharge EMI FAQs

      ₹ 1,11,419.
      Here is how - Volvo XC40 Recharge price starts from ₹ 58,16,501 in Mumbai. If you pay a down payment of ₹ 3,21,501 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 1,11,419.
      The cheapest XC40 Recharge model is Single which is priced at ₹ 58,16,501 in Mumbai. You will need to pay at least a ₹ 3,21,501 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 XC40 Recharge.
      VersionOn-road price in MumbaiMax Loan
      P8 AWD₹ 61,25,827₹ 57,90,000
      Single₹ 58,16,501₹ 54,95,000

      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 XC40 Recharge Single will be ₹ 90,657 but you will have to pay interest of ₹ 21,20,188 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 ₹ 1,82,268, but your interest payment will be only ₹ 10,66,648 over the 3 years period.