Volvo XC60 [2010-2013] Car Loan EMI Calculator

₹ 73,372.
Here is how - Volvo XC60 [2010-2013] price starts from ₹ 36,18,611 in Pune. If you pay a down payment of ₹ 0 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 73,372.

Here is a model wise list of max loan amount for XC60 [2010-2013].

Version	On-road price in Pune	Max Loan
D5 AWD AT	₹ 49,32,598	₹ 41,08,000

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 XC60 [2010-2013] Kinetic D4 will be ₹ 56,400 but you will have to pay interest of ₹ 11,18,989 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 ₹ 1,13,394, but your interest payment will be only ₹ 4,63,573 over the 3 years period.

₹ 73,372
Volvo XC60 [2010-2013] price starts from ₹ 36,18,611 in Pune.

We have considered
Down-payement : ₹ 0
Tenure : 5 years
Interest Rate : 8%

You will need to fulfill the following 2 criteria to buy XC60 [2010-2013] with a loan

• 1. Age should be above 21
• 2. Your annual income should be above ₹ 12,07,000

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 XC60 [2010-2013] starts from ₹ 36.19 Lakh, you can get a loan with an annual income as low as ₹ 12.07 lakh.

Here are the most important things you should consider while getting a car loan for a new XC60 [2010-2013]

• 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.