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Volvo XC90 Car Loan EMI Calculator

Best Volvo XC90 Car Loan EMI Calculator With Downpayment - Check out the Cheapest Volvo XC90 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 Volvo 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.

Volvo XC90

The EMI for a Volvo XC90 starts at ₹ 1,97,079 per month for a 60-month term at 9.8 percent for a loan amount of ₹ 93.18 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 XC90.

Volvo XC90 Down Payment and EMI

Volvo S60 VARIANTS LOAN @ RATE% DOWN PAYMENT EMI AMOUNT(60 MONTHS) EMI AMOUNT(84 MONTHS)
Volvo XC90 B6 Inscription 7STR
9.8%
₹ 10,35,000
₹ 1,97,079
₹ 1,53,740
Volvo XC 90 T8 Twin Inscription 7STR
9.8%
₹ 10,74,000
₹ 2,04,474
₹ 1,59,509
Volvo XC 90 T8 Excellence
9.8%
₹ 14,58,000
₹ 2,77,449
₹ 2,16,436

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 Volvo XC90 - B6 Inscription 7STR

Model Name

Volvo XC90 B6 Inscription 7STR

Price

₹ 89.90 Lakh*

Loan Amount

₹ 93,18,706

Downpayment

₹ 10,35,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 16,21,165
₹ 25,06,044
₹ 23,05,007
₹ 35,95,477
Total Amount Payable
₹ 1,09,39,871
₹ 1,18,24,750
₹ 1,16,23,713
₹ 1,29,14,183

Monthly EMI

₹ 1,82,331

₹ 1,97,079

₹ 1,38,378

₹ 1,53,740

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

Car Loan EMI Structure of Volvo XC 90 T8 Twin Inscription 7STR

Model Name

Volvo XC 90 T8 Twin Inscription 7STR

Price

₹ 96.65 Lakh*

Loan Amount

₹ 96,68,386

Downpayment

₹ 10,74,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 16,81,998
₹ 26,00,083
₹ 23,91,501
₹ 37,30,395
Total Amount Payable
₹ 1,13,50,384
₹ 1,22,68,469
₹ 1,20,59,887
₹ 1,33,98,781

Monthly EMI

₹ 1,89,173

₹ 2,04,474

₹ 1,43,570

₹ 1,59,509

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

Car Loan EMI Structure of Volvo XC 90 T8 Excellence

Model Name

Volvo XC 90 T8 Excellence

Price

₹ 1.31 Cr*

Loan Amount

₹ 1,31,18,903

Downpayment

₹ 14,58,000

Interest Rates

Min 6.5%

Max 9.8%

Min 6.5%

Max 9.8%

Tenure
For 5 Years
For 7 Years
Total Interest Payable
₹ 22,82,281
₹ 35,28,017
₹ 32,44,996
₹ 50,61,723
Total Amount Payable
₹ 1,54,01,184
₹ 1,66,46,920
₹ 1,63,63,899
₹ 1,81,80,626

Monthly EMI

₹ 2,56,686

₹ 2,77,449

₹ 1,94,808

₹ 2,16,436

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

About Volvo XC90

The 2021 Volvo XC90 petrol mild-hybrid comes in a single B6 Inscription model, which is fully outfitted. The facelifted Volvo XC90 was unveiled in India on November 11, 2021.

The new Volvo XC90 is powered by a 2.0-liter petrol engine mated to a 48V electric motor with a combined output of 296bhp and 420Nm. An eight-speed automatic transmission handles transmission duties, distributing power to all four wheels. A new grille, reworked front bumper, new alloy wheels, and new colour choices are among the exterior features of the Volvo XC90 facelift.

An innovative air purifier, heated front seats with massaging function, a Bowers & Wilkins 19-speaker music system, a crystal gear knob, and a vertically stacked touchscreen infotainment system are among the features. Upholstery options for the seven-seat luxury SUV include Maroon Brown and Amber. Adaptive cruise control, lane keep assist, a 360-degree camera, front and rear collision mitigation support, blind spot information with cross-traffic alert, and park assist are among the active and passive safety technologies available on the Volvo XC90.

Onyx Black, Denim Blue, Pine Grey, and White Pearl are the four colours available for the Volvo XC90 facelift. The Volvo XC90 facelift features room for seven passengers. The Mercedes-Benz GLS, Range Rover Velar, and BMW X7 are all competitors for the Volvo XC90 facelift.

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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