Ferrari 296 GTB EMI Calculator

Updated on November 2026

Ferrari 296 GTB EMI starts at ₹10,22,034 per month for the V6 hybrid petrol (₹5.40 Crore ex-showroom, ₹6.21 Crore on-road Delhi), on a ₹4.75 Crore loan at 10.5% for 60 months. Down payment: ₹1.45 Crore. Total interest: ₹1.38 Crore.

Also see: 296 GTB On-road price | 296 GTB Variants | 296 GTB Mileage

Ferrari 296 GTB EMI and Down Payment

Ferrari 296 GTB V6 hybrid – EMI calculator

Ex-showroom

: Rs. 5,40,00,000

On-road price

: Rs. 6,20,56,393 (Delhi)

Loan amount

: Rs. 4,75,49,946 (On-road price - Down payment)

Down payment

: Rs. 1,45,06,447 (Amount paid upfront)

Monthly EMI

: Rs. 10,22,034 (For Tenure of 60 months @ 10.5%; banks start from 8.7%)

Insurance

: Rs. 21,11,593

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Ferrari 296 GTB Car Loan EMI Calculator

Variant: V6 hybrid
On-road price (Delhi): Rs. 6,20,56,393
Down payment: Rs. 1,45,06,447
Loan amount: Rs. 4,75,49,946
Interest rate: 10.5%
Tenure: 60 months
Monthly EMI: Rs. 10,22,034

EMI in advance: You pay one EMI instalment in advance to the bank. This amount is deducted from the loan amount disbursed to the dealer. Thus it gets added to the down payment that you are to make.
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EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan amount minus any other one time fees. ..Read More ..Read Less

Ferrari 296 GTB Car Loan EMI & Loan Breakdown

Monthly EMI

Rs. 10,22,034

60 months @ 10.5%

Down paymentRs. 1,45,06,447
Loan amountRs. 4,75,49,946
Total interestRs. 1,37,72,094
Total loan repayment (EMIs)Rs. 6,13,22,040
Total purchase outlayRs. 7,58,28,487

Total loan repayment is the EMIs only. Total purchase outlay adds the down payment, so it is what the V6 hybrid costs you over the loan; it does not include insurance renewal, fuel, maintenance or lender charges other than the processing fee.

Year	Principal paid	Interest paid	Outstanding loan
Year 1 Months 1-12	Rs. 76,32,023	Rs. 46,32,385	Rs. 3,99,17,923
Year 2 Months 13-24	Rs. 84,73,099	Rs. 37,91,309	Rs. 3,14,44,824
Year 3 Months 25-36	Rs. 94,06,863	Rs. 28,57,545	Rs. 2,20,37,961
Year 4 Months 37-48	Rs. 1,04,43,531	Rs. 18,20,877	Rs. 1,15,94,430
Year 5 Months 49-60	Rs. 1,15,94,430	Rs. 6,69,978	Rs. 0

Ferrari 296 GTB Car Loan Interest Rates – Bank Comparison

Lending Partners	Interest Rate	EMI Starting From (60 Months)
HDFC Bank	8.85% onwards	Rs. 9,83,601 (60 months)
ICICI Bank	9% onwards	Rs. 9,87,059 (60 months)
Axis Bank	9.15% onwards	Rs. 9,90,524 (60 months)
Bank of Baroda	8.7% onwards	Rs. 9,80,150 (60 months)

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Ferrari 296 GTB EMI by Loan Tenure

For a Rs. 4,75,49,946 loan on the V6 hybrid petrol at 10.5%.

Tenure	EMI	Total Interest	Total Payable
36 months	Rs. 15,45,489	Rs. 80,87,658	Rs. 5,56,37,604
48 months	Rs. 12,17,439	Rs. 1,08,87,126	Rs. 5,84,37,072
60 months	Rs. 10,22,034	Rs. 1,37,72,094	Rs. 6,13,22,040
84 months	Rs. 8,01,724	Rs. 1,97,94,870	Rs. 6,73,44,816

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Ferrari 296 GTB

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Starts at ₹ 5.40 Crore

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How Is the Ferrari 296 GTB EMI Calculated?

EMI = [P × r × (1 + r)ⁿ] ÷ [(1 + r)ⁿ − 1], where P is the loan amount, r is the monthly interest rate {(annual rate ÷ 12) ÷ 100} and n is the tenure in months. For the V6 hybrid petrol variant: P = ₹4.75 Crore, r = (10.5 ÷ 12) ÷ 100 = 0.00875 and n = 60 months, which gives an EMI of ₹10,22,034.

The calculation starts from the Delhi on-road price of ₹6.21 Crore (ex-showroom ₹5.40 Crore plus insurance, RTO and other charges).

Factors That Affect Your Ferrari 296 GTB Loan EMI

Down payment: Every ₹1 lakh of extra down payment lowers the EMI by about ₹2,149 at 10.5% for 60 months.
Interest rate: A rate 1% higher adds about ₹23,713 to the EMI on a ₹4.75 Crore loan. Starting rates from the banks on this page range from 8.7% to 9.15%.
Loan tenure: Over 36 months the EMI is ₹15,45,489; over 84 months it drops to ₹8,01,724 but you pay ₹1.17 Crore more in interest.
Variant and city: The on-road price, and with it the loan, changes from city to city with RTO charges and insurance.

EMI of Ferrari 296 GTB Rivals – Urus, Continental, Flying Spur

Starting EMI of each model's base variant, worked out the same way as the Ferrari 296 GTB: the down payment is the on-road price minus the loan.

Model	On-road Price	EMI	Tenure	Interest Rate	Compare
Lamborghini Urus S	Rs. 4,80,43,932	Rs. 7,91,103	60 months	10.5%	Compare with 296 GTB
Bentley Continental GT V8	Rs. 6,00,96,359	Rs. 9,89,732	60 months	10.5%	Compare with 296 GTB
Bentley Flying Spur V6 Hybrid	Rs. 6,03,33,550	Rs. 9,93,641	60 months	10.5%	Compare with 296 GTB
Aston Martin DB12 S	Rs. 4,71,25,082	Rs. 7,75,960	60 months	10.5%	Compare with 296 GTB

Frequently Asked Questions About Ferrari 296 GTB EMI

What is the monthly EMI for the Ferrari 296 GTB?

₹10,22,034 a month for the V6 hybrid petrol, on a ₹4.75 Crore loan at 10.5% for 5 years.

How much down payment is required for the Ferrari 296 GTB?

About ₹1.45 Crore for the V6 hybrid petrol in Delhi. That's the on-road price of ₹6.21 Crore minus the ₹4.75 Crore loan.

How does the loan tenure affect the Ferrari 296 GTB EMI?

Over 3 years the EMI is ₹15,45,489 and you pay ₹80.88 Lakh in interest. Stretch it to 7 years and the EMI drops to ₹8,01,724, but interest rises to ₹1.98 Crore.

Is the Ferrari 296 GTB EMI calculated on the ex-showroom price or the on-road price?

On the on-road price. In Delhi the V6 hybrid petrol costs ₹6.21 Crore on-road, which includes ₹21.12 Lakh insurance and ₹59.45 Lakh RTO and other charges.