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Volkswagen Polo Car Loan EMI Calculator

Best Volkswagen Polo Car Loan EMI Calculator With Downpayment - Check out the Cheapest Volkswagen Polo Car Loan EMI Calculator With Downpayment from all banks with lower inerest rates, Loan for 5 Years, 7 Years and 8 Years plan with minimum eligibility and documentations with Private Banks and Govt Banks. Check out the Interest Rates of Volkswagen Car Loan EMI of All Private and Government Banks HDFC Bank, ICICI Bank, Syndicate Bank, SBI Bank, Kotak Mahindra Bank, Canara Bank, IDBI First Bank, HSBC Bank, Punjab National Bank and many more.

Volkswagen Polo

The EMI for a Volkswagen Polo starts at ₹ 21,180 per month for a 60-month term at 9.8 percent for a loan amount of ₹ 9.99 Lakh*. The AutoSpyders EMI Calculator tool provides a full breakdown of the entire due amount and assists you in choosing the best vehicle loan for your Polo.

Volkswagen Polo Down Payment and EMI

Volkswagen Polo VARIANTS
LOAN @ RATE%
DOWN PAYMENT
EMI AMOUNT (60 MONTHS)
EMI AMOUNT (84 MONTHS)
Volkswagen Polo 1.0 MPI Trendline
9.8%
₹ 72,000
₹ 13,791
₹ 10,758
Volkswagen Polo 1.0 MPI Comfortline
9.8%
₹ 83,000
₹ 15,778
₹ 12,309
Volkswagen Polo Turbo Edition
9.8%
₹ 87,000
₹ 16,582
₹ 12,935
Volkswagen Polo 1.0 TSI Comfortline AT
9.8%
₹ 99,000
₹ 18,899
₹ 14,743
Volkswagen Polo 1.0 TSI Highline Plus
9.8%
₹ 1,00,000
₹ 18,994
₹ 14,817
Volkswagen Polo 1.0 TSI Highline Plus AT
9.8%
₹ 1,11,000
₹ 21,099
₹ 16,459
Volkswagen Polo GT 1.0 TSI
9.8%
₹ 1,13,000
₹ 21,525
₹ 16,792
Volkswagen Polo GT 1.0 TSI Matt Edition
9.8%
₹ 1,11,000
₹ 21,180
₹ 16,522

Due to the many auto loan options given by various lenders, it is much easier to acquire your ideal car nowadays. Car loans are available with low interest rates and up to an 8-year payback period. A Car Loan EMI Calculator is available from a variety of banks and third-party websites, and it helps you to calculate the Equated Monthly Instalments (EMIs) that must be paid. AutoSpyder's Car Loan EMI Calculator is simple to use and completely free. To calculate the EMI, basic information such as the payback term, principle amount, and interest rate must be input.

Car Loan EMI Structure of Volkswagen Polo 1.0 MPI Trendline

Model Name

Volkswagen Polo 1.0 MPI Trendline

Price

₹ 6.32 Lakh* (Ex-Showroom)

Loan Amount

₹ 6,52,082

Downpayment

₹ 72,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 1,13,442
₹ 1,75,362
₹ 1,61,294
₹ 2,51,596
Total Amount Payable
₹ 7,65,524
₹ 8,27,444
₹ 8,13,376
₹ 9,03,678

Monthly EMI

₹ 12,759

₹ 13,791

₹ 9,683

₹ 10,758

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

Car Loan EMI Structure of Volkswagen Polo 1.0 MPI Comfortline

Model Name

Volkswagen Polo 1.0 MPI Comfortline

Price

₹ 7.27 Lakh* (Ex-Showroom)

Loan Amount

₹ 7,46,062

Downpayment

₹ 83,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 1,29,792
₹ 2,00,636
₹ 1,84,540
₹ 2,87,856
Total Amount Payable
₹ 8,75,854
₹ 9,46,698
₹ 9,30,602
₹ 10,33,918

Monthly EMI

₹ 14,598

₹ 15,778

₹ 11,079

₹ 12,309

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

Car Loan EMI Structure of Volkswagen Polo Turbo Edition

Model Name

Volkswagen Polo Turbo Edition

Price

₹ 7.65 Lakh* (Ex-Showroom)

Loan Amount

₹ 7,84,054

Downpayment

₹ 87,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 1,36,401
₹ 2,10,853
₹ 1,93,938
₹ 3,02,515
Total Amount Payable
₹ 9,20,455
₹ 9,94,907
₹ 9,77,992
₹ 10,86,569

Monthly EMI

₹ 15,341

₹ 16,582

₹ 11,643

₹ 12,935

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

Car Loan EMI Structure of Volkswagen Polo 1.0 TSI Comfortline AT

Model Name

Volkswagen Polo 1.0 TSI Comfortline AT

Price

₹ 8.75 Lakh* (Ex-Showroom)

Loan Amount

₹ 8,93,610

Downpayment

₹ 99,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 1,55,460
₹ 2,40,315
₹ 2,21,037
₹ 3,44,785
Total Amount Payable
₹ 10,49,070
₹ 11,33,925
₹ 11,14,647
₹ 12,38,395

Monthly EMI

₹ 17,485

₹ 18,899

₹ 13,270

₹ 14,743

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

Car Loan EMI Structure of Volkswagen Polo 1.0 TSI Highline Plus

Model Name

Volkswagen Polo 1.0 TSI Highline Plus

Price

₹ 8.80 Lakh* (Ex-Showroom)

Loan Amount

₹ 8,98,135

Downpayment

₹ 1,00,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 1,56,248
₹ 2,41,532
₹ 2,22,156
₹ 3,46,531
Total Amount Payable
₹ 10,54,383
₹ 11,39,667
₹ 11,20,291
₹ 12,44,666

Monthly EMI

₹ 17,573

₹ 18,994

₹ 13,337

₹ 14,817

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

Car Loan EMI Structure of Volkswagen Polo 1.0 TSI Highline Plus AT

Model Name

Volkswagen Polo 1.0 TSI Highline Plus AT

Price

₹ 9.80 Lakh* (Ex-Showroom)

Loan Amount

₹ 9,97,640

Downpayment

₹ 1,11,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 1,73,558
₹ 2,68,292
₹ 2,46,769
₹ 3,84,924
Total Amount Payable
₹ 11,71,198
₹ 12,65,932
₹ 12,44,409
₹ 13,82,564

Monthly EMI

₹ 19,520

₹ 21,099

₹ 14,814

₹ 16,459

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

Car Loan EMI Structure of Volkswagen Polo GT 1.0 TSI

Model Name

Volkswagen Polo GT 1.0 TSI

Price

₹ 9.99 Lakh* (Ex-Showroom)

Loan Amount

₹ 10,17,806

Downpayment

₹ 1,13,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 1,77,067
₹ 2,73,715
₹ 2,51,757
₹ 3,92,705
Total Amount Payable
₹ 11,94,873
₹ 12,91,521
₹ 12,69,563
₹ 14,10,511

Monthly EMI

₹ 19,915

₹ 21,525

₹ 15,114

₹ 16,792

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

Car Loan EMI Structure of Volkswagen Polo GT 1.0 TSI Matt Edition

Model Name

Volkswagen Polo GT 1.0 TSI Matt Edition

Price

₹ 9.99 Lakh* (Ex-Showroom)

Loan Amount

₹ 10,01,478

Downpayment

₹ 1,11,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 1,74,226
₹ 2,69,324
₹ 2,47,718
₹ 3,86,405
Total Amount Payable
₹ 11,75,704
₹ 12,70,802
₹ 12,49,196
₹ 13,87,883

Monthly EMI

₹ 19,595

₹ 21,180

₹ 14,871

₹ 16,522

EMI / 1 Lakh
₹ 1,957
₹ 2,115
₹ 1,485
₹ 1,968

About Volkswagen Polo

On March 5, 2020, the redesigned Volkswagen Polo was introduced in India. A 1.0-litre three-cylinder TSI petrol engine delivers 109bhp and 175Nm of torque in the Volkswagen Polo. A 1.0-litre three-cylinder MPI petrol engine with 75bhp and 95Nm of torque is also available. A six-speed manual transmission is standard, with a torque converter automatic transmission as an option.

The Volkswagen Polo receives a new front bumper, the GT grille, new alloy wheels, halogen headlights, LED tail lights, new alloy wheels, an integrated spoiler, and a modified rear bumper on the exterior. A touchscreen infotainment system, cruise control, automatic temperature control, rain-sensing wipers, and Volkswagen Connect connection are all standard on the Volkswagen Polo.

Flash Red, Candy White, Carbon Steel, and Sunset Red are the four colours available for the Volkswagen Polo. The Volkswagen Polo can accommodate up to five people. The Hyundai i20, Tata Altroz, Maruti Suzuki Swift, Maruti Suzuki Baleno, Hyundai Grand i10 Nios, and Honda Jazz are all competitors in India.

Car Loan EMI Table

Loan amount (Rs.)
Interest rate
EMI for 2 years (Rs.)
EMI for 3 years (Rs.)
EMI for 4 years (Rs.)
EMI for 5 years (Rs.)
EMI for 6 years (Rs.)
EMI for 7 years (Rs.)
1 lakh
9.75%
₹ 4,603
₹ 3,215
₹ 2,524
₹ 2,112
₹ 1,840
₹ 1,647
5 lakh
9.75%
₹ 23,015
₹ 16,075
₹ 12,621
₹ 10,562
₹ 9,200
₹ 8,236
10 lakh
9.75%
₹ 46,030
₹ 32,150
₹ 25,243
₹ 21,124
₹ 18,400
₹ 16,472
15 lakh
9.75%
₹ 69,044
₹ 48,225
₹ 37,864
₹ 31,686
₹ 27,600
₹ 24,708
20 lakh
9.75%
₹ 92,059
₹ 64,300
₹ 50,485
₹ 42,248
₹ 36,800
₹ 32,945
25 lakh
9.75%
₹ 1,15,074
₹ 80,375
₹ 63,107
₹ 52,811
₹ 46,000
₹ 41,181
30 lakh
9.75%
₹ 1,38,089
₹ 96,450
₹ 75,728
₹ 63,373
₹ 55,200
₹ 49,417
35 lakh
9.75%
₹ 1,61,104
₹ 1,12,525
₹ 88,349
₹ 73,935
₹ 64,400
₹ 57,653
Car Loan EMI Calculator

The Benefits of Using an EMI Calculator for a Car Loan

  • The Following is a breakdown of the due amount: The EMI calculator for a car loan allows you to determine the processing costs, interest paid, total amount due, and principle amount.
  • Your Budget Can Be Planned: Once you know how much EMI you'll have to pay, you can make a budget. If the loan amount is substantial, you may want to consider a longer repayment period. The vehicle loan EMI calculator can help you figure out these data.
  • Accuracy: The answers presented on the calculator are correct based on the information entered on the calculator. The results of manual computations may not be correct.
  • Saves Time: The main goal of the EMI calculator for a car loan is to save time. The results are presented relatively soon when the appropriate details are submitted.
  • No Limit: There is no limit to how many times you may use the calculator. As a result, you utilise the calculator to experiment with various options. This might assist you in determining the best lender and the required down payment.
  • Compare: You can compare the EMIs for different numbers because the calculator has no restriction on how many times it can be used.

New Car Loan Interest Rates Comparison Offered by Top Lenders

Name of the Lender Interest Rate (p.a.) Loan Amount Processing Fee
Union Bank of India 7.40% onwards Up to ₹ 125 lakh 0.25% to 0.50% of the loan amount
IDBI Bank 7.35% onwards (floating) Up to ₹ 25 lakh -
Axis Bank 7.45% onwards ₹ 1 lakh onwards ₹ 3,500 to ₹ 5,500
State Bank of India 7.20% onwards Up to 48 times of monthly income Nil (Until 31 January 2022)
Jammu And Kashmir Bank

RLLR + 0.75% onwards (floating)

RLLR + 1.50% onwards (fixed)

₹ 50 lakh 0.5% of loan amount Min: ₹ 1,500
Canara Bank Car Loan 7.30% onwards Up to 90% of the car's value 0.25% of loan amount Min: ₹ 1,000 Max: ₹ 5,000
Federal Bank Car Loan 8.50% onwards Up to 100% of the car's ex-showroom price ₹ 1,500 to ₹ 2,500
Bank of Baroda 7.00% onwards ₹ 1,500 (plus GST) 0.5% of loan amount Max: ₹ 10,000
Bank of India Car Loan 7.35% onwards ₹ 200 lakh 0.25% of loan amount

Car Loan Eligibility

Do you have questions regarding your auto loan eligibility and what you can do to improve your chances of being approved? BankBazaar provides you with all of the information you need about vehicle loan eligibility from the most reputable institutions. Get a trustworthy guide to selecting the best auto loan for you so you can make the best decision and apply for the best car loan right now. Your eligibility for a vehicle loan may differ depending on the lender, however many will look for the following criteria:

Particulars Details
Minimum Age of the Applicant 18 years
Maximum Age of the Applicant 60 years for salaried applicants and 65 years for self-employed applicants
Minimum Annual Income ₹ 3 lakh
Car Model Any approved car model
Type of Employment Salaried or self-employed
Country or Place of Residence India (rural/semi-urban/urban areas)
Duration of Stay in Current Residence A minimum of 1 year

How is EMI determined

The EMI for any type of loan is essentially calculated using a formula. The formula is as follows:

E = P x R x (1+R)^n / {(1+R)^n – 1}

where ‘E’ stands for the EMI you owe,

‘P’ stands for the principal amount,

‘R’ stands for the interest rate applicable to your car loan,

and ‘n’ stands for the tenure of the car loan (in months).

Disclaimer: The EMI Calculator's computation is based on the information you gave and is only intended to be used as a guide. The figures in this computation are in Indian Rupees and have been rounded to the nearest whole number. Monthly payments are estimated and do not include any processing or other fees that may apply depending on the financial institution / banks. All loan amounts are based on non-commercial use and are contingent on credit clearance from a third-party lender. Depending on the kind and use of the car, regional lender restrictions, and the quality of your credit, the actual down payment and resultant monthly payments may vary. For a precise monthly payment, check with your dealer.

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