Volvo Xc40 Recharge

On Road Price Price Details

₹ 58,97,668

Loan Amount

₹ 53,07,901

Estimated Monthly Payment

₹ 1,09,412/month

Interest Rate 8.7 %

Buying a

Down Payment

Duration

Down Payment

Duration

Loan Offers

bank logo

Axis Bank

Interest Rate 9.30 %

Processing Fee: ₹ 7,000

Avail 100% With flexible repayment tenure

bank logo

HDFC Bank

Interest Rate 9.40 %

Processing Fee: ₹ 8,000

Flexible repayment, Zero Foreclosure, Top-up loan

bank logo

Union Bank of India

Interest Rate 8.70 %

Processing Fee: ₹ 1,000

Best ROI in its class

Amortization Schedule

Year

Principal

Interest

Balance

1₹ 53,07,901₹ 4,27,014₹ 44,21,970
2₹ 44,21,970₹ 3,46,789₹ 34,55,814
3₹ 34,55,814₹ 2,59,299₹ 24,02,168
4₹ 24,02,168₹ 1,63,887₹ 12,53,110
5₹ 12,53,110₹ 59,835₹ 0

The table above provides you the loan repayment schedule for a loan amount of ₹ 53,07,901, EMI of ₹ 1,09,412, tenure of 5 years, interest rate of 8.7% p.a