Volvo XC40 Car Loan EMI Calculator
Volvo XC40 EMI starts at 94,082 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 9.00 Lakh. Volvo XC40 price starts at ₹ 55.40 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
B4 Ultimate [2022-2023]
City
Mumbai
Adjust XC40 Car Loan Parameters
On-Road Price
₹ 55,39,546₹ 94,082 for 5 Years
Volvo XC40 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 | ₹ 7,86,204 | ₹ 3,42,780 | ₹ 38,53,796 |
24 | ₹ 8,51,456 | ₹ 2,77,528 | ₹ 30,02,340 |
36 | ₹ 9,22,127 | ₹ 2,06,857 | ₹ 20,80,213 |
48 | ₹ 9,98,662 | ₹ 1,30,322 | ₹ 10,81,551 |
60 | ₹ 10,81,551 | ₹ 47,434 | ₹ 0 |
Volvo XC40 EMI
Volvo XC40 Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 8,99,546
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
B4 Ultimate [2022-2023] ₹ 55,39,546 | ₹8,99,546 | ₹94,082 |
B4 Ultimate ₹ 55,39,546 | ₹8,99,546 | ₹94,082 |
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On-Road Price, Mumbai
Explore more about Volvo XC40
XC40 EMI FAQs
Here is how - Volvo XC40 price starts from ₹ 55,39,546 in Mumbai. If you pay a down payment of ₹ 8,99,546 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 94,082.
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 |
---|---|---|
B4 Ultimate [2022-2023] | ₹ 55,39,546 | ₹ 46,40,000 |
B4 Ultimate | ₹ 55,39,546 | ₹ 46,40,000 |
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 XC40 B4 Ultimate [2022-2023] will be ₹ 86,341 but you will have to pay interest of ₹ 26,12,644 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 ₹ 1,73,589, but your interest payment will be only ₹ 16,09,204 over the 3 years period.