Volvo Xc40

On Road Price Price Details

₹ 59,45,610

Loan Amount

₹ 53,51,049

Estimated Monthly Payment

₹ 1,10,301/month

Interest Rate 8.7 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

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Axis Bank

Interest Rate 9.30 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

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HDFC Bank

Interest Rate 9.40 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

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Union Bank of India

Interest Rate 8.70 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 53,51,049₹ 4,30,485₹ 44,57,916
2₹ 44,57,916₹ 3,49,608₹ 34,83,906
3₹ 34,83,906₹ 2,61,407₹ 24,21,695
4₹ 24,21,695₹ 1,65,219₹ 12,63,297
5₹ 12,63,297₹ 60,321₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 53,51,049, EMI of ₹ 1,10,301, tenure of 5 years, interest rate of 8.7% p.a