Volvo EX40 Car Loan EMI Calculator
Volvo EX40 EMI starts at 1,13,751 per month calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 3.27 Lakh. Volvo EX40 price starts at ₹ 59.37 Lakh. CarTrade Car Loan EMI calculator helps you with detailed breakup of EMI and other charges.
Variant
Plus
City
Mumbai
Adjust EX40 Car Loan Parameters
On-Road Price
₹ 59,37,086₹ 1,13,751 for 5 Years
Volvo EX40 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 | ₹ 9,50,572 | ₹ 4,14,440 | ₹ 46,59,428 |
24 | ₹ 10,29,468 | ₹ 3,35,544 | ₹ 36,29,960 |
36 | ₹ 11,14,913 | ₹ 2,50,099 | ₹ 25,15,047 |
48 | ₹ 12,07,451 | ₹ 1,57,561 | ₹ 13,07,596 |
60 | ₹ 13,07,596 | ₹ 57,346 | ₹ 0 |
Volvo EX40 EMI
Volvo EX40 Car Loan EMI calculated for - Interest rate: 8%, Tenure - 5 years, Down-payment : ₹ 3,27,086
On-Road Price in Mumbai | Min Down Payment | EMI |
---|---|---|
Plus ₹ 59,37,086 | ₹3,27,086 | ₹1,13,751 |
Check Car Loan EMIs of Volvo EX40 Similar Cars
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Explore more about Volvo EX40
EX40 EMI FAQs
Here is how - Volvo EX40 price starts from ₹ 59,37,086 in Mumbai. If you pay a down payment of ₹ 3,27,086 for a 5-year loan available at 8% interest rate, your EMI amount will be ₹ 1,13,751.
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 |
---|---|---|
Plus | ₹ 59,37,086 | ₹ 56,10,000 |
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 EX40 Plus will be ₹ 92,537 but you will have to pay interest of ₹ 21,63,108 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 ₹ 1,86,047, but your interest payment will be only ₹ 10,87,692 over the 3 years period.