Land Rover Discovery EMI Calculator


Updated on October 2026
Land Rover Discovery EMI starts at ₹2,36,965 per month for the 3.0 Diesel S (₹1.25 Crore ex-showroom, ₹1.49 Crore on-road Delhi), on a ₹1.10 Crore loan at 10.5% for 60 months. Down payment: ₹38.33 Lakh. Total interest: ₹31.93 Lakh. The top 3.0 Diesel Metropolitan Edition costs ₹2,58,866/month.
Also see: Discovery On-road price | Discovery Variants | Discovery Mileage

Land Rover Discovery EMI and Down Payment

Ex-showroom
: Rs. 1,25,25,000
On-road price
: Rs. 1,48,58,142  (Delhi)
Loan amount
: Rs. 1,10,24,760  (On-road price - Down payment)
Down payment
: Rs. 38,33,382  (Amount paid upfront)
Monthly EMI
: Rs. 2,36,965  (For Tenure of 60 months @ 10.5%; banks start from 8.7%)
Insurance
: Rs. 5,12,217
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Land Rover Discovery Car Loan EMI Calculator

Variant
3.0 Diesel S
On-road price (Delhi)
Rs. 1,48,58,142
Down payment
Rs. 38,33,382
Loan amount
Rs. 1,10,24,760
Interest rate
10.5%
Tenure
60 months
Monthly EMI
Rs. 2,36,965
EMI in advance: You pay one EMI instalment in advance to the bank. This amount is EMI in arrears: You don't make any advance EMI payments. The bank disburses the loan

Land Rover Discovery Car Loan EMI & Loan Breakdown

Monthly EMI
Rs. 2,36,965
60 months @ 10.5%
  • Down paymentRs. 38,33,382
  • Loan amountRs. 1,10,24,760
  • Total interestRs. 31,93,140
  • Total loan repayment (EMIs)Rs. 1,42,17,900
  • Total purchase outlayRs. 1,80,51,282

Total loan repayment is the EMIs only. Total purchase outlay adds the down payment, so it is what the 3.0 Diesel S costs you over the loan; it does not include insurance renewal, fuel, maintenance or lender charges other than the processing fee.

YearPrincipal paidInterest paidOutstanding loan
Year 1 Months 1-12Rs. 17,69,532Rs. 10,74,048Rs. 92,55,228
Year 2 Months 13-24Rs. 19,64,540Rs. 8,79,040Rs. 72,90,688
Year 3 Months 25-36Rs. 21,81,039Rs. 6,62,541Rs. 51,09,649
Year 4 Months 37-48Rs. 24,21,398Rs. 4,22,182Rs. 26,88,251
Year 5 Months 49-60Rs. 26,88,251Rs. 1,55,329Rs. 0
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Land Rover Discovery Car Loan Interest Rates – Bank Comparison

Lending Partners Interest Rate EMI Starting From (60 Months)
Loans From HDFC BankHDFC Bank 8.85% onwards Rs. 2,28,054 (60 months)
Loans From ICICI BankICICI Bank 9% onwards Rs. 2,28,856 (60 months)
Loans From Axis BankAxis Bank 9.15% onwards Rs. 2,29,659 (60 months)
Loans From Bank of Baroda BankBank of Baroda 8.7% onwards Rs. 2,27,254 (60 months)
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Land Rover Discovery EMI by Loan Tenure

For a Rs. 1,10,24,760 loan on the 3.0 Diesel S at 10.5%.

Tenure EMI Total Interest Total Payable
36 months Rs. 3,58,332 Rs. 18,75,192 Rs. 1,28,99,952
48 months Rs. 2,82,271 Rs. 25,24,248 Rs. 1,35,49,008
60 months Rs. 2,36,965 Rs. 31,93,140 Rs. 1,42,17,900
84 months Rs. 1,85,885 Rs. 45,89,580 Rs. 1,56,14,340
Land Rover Discovery
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Land Rover Discovery
4.0 29 user reviews
Starts at ₹ 1.25 Crore
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Land Rover Discovery Variant-Wise EMI

On-road prices in Delhi. Every variant uses the same rule: the loan runs 60 months at 10.5%, and the down payment is the on-road price minus the loan.

Discovery Variants Fuel/Transmission Ex-showroom On-road Price Loan @10.5% Down Payment EMI (60 months)
3.0 Diesel S Diesel / Automatic Rs. 1,25,25,000 Rs. 1,48,58,142 Rs. 1,10,24,760 Rs. 38,33,382 Rs. 2,36,965
3.0 Diesel Dynamic HSE Diesel / Automatic Rs. 1,29,73,000 Rs. 1,53,88,378 Rs. 1,14,19,294 Rs. 39,69,084 Rs. 2,45,445
3.0 Diesel Metropolitan Edition Diesel / Automatic Rs. 1,36,82,000 Rs. 1,62,27,524 Rs. 1,20,43,678 Rs. 41,83,846 Rs. 2,58,866

How Is the Land Rover Discovery 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 3.0 Diesel S variant: P = ₹1.10 Crore, r = (10.5 ÷ 12) ÷ 100 = 0.00875 and n = 60 months, which gives an EMI of ₹2,36,965.

The calculation starts from the Delhi on-road price of ₹1.49 Crore (ex-showroom ₹1.25 Crore plus insurance, RTO and other charges).

Factors That Affect Your Land Rover Discovery 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 ₹5,498 to the EMI on a ₹1.10 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 ₹3,58,332; over 84 months it drops to ₹1,85,885 but you pay ₹27.14 Lakh more in interest.
  • Variant and city: In Delhi the EMI ranges from ₹2,36,965 (3.0 Diesel S) to ₹2,58,866 (3.0 Diesel Metropolitan Edition). The on-road price, and with it the loan, changes from city to city with RTO charges and insurance.

EMI of Land Rover Discovery Rivals – Vellfire, X7, X5

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

ModelOn-road PriceEMITenureInterest RateCompare
Land Rover Defender 2.0 l Petrol 110 X-Dynamic HSE Rs. 1,21,55,191 Rs. 1,87,277 60 months 10.5% Compare with Discovery
Toyota Vellfire Hi Rs. 1,41,27,624 Rs. 2,27,009 60 months 10.5% Compare with Discovery
BMW X7 xDrive40i M Sport Signature Rs. 1,45,39,487 Rs. 2,38,025 60 months 10.5% Compare with Discovery
BMW X5 xDrive40i xLine Rs. 1,12,15,893 Rs. 1,83,302 60 months 10.5% Compare with Discovery

Frequently Asked Questions About Land Rover Discovery EMI

What is the monthly EMI for the Land Rover Discovery?

₹2,36,965 a month for the 3.0 Diesel S, on a ₹1.10 Crore loan at 10.5% for 5 years. The top 3.0 Diesel Metropolitan Edition works out to ₹2,58,866.

How much down payment is required for the Land Rover Discovery?

About ₹38.33 Lakh for the 3.0 Diesel S in Delhi. That's the on-road price of ₹1.49 Crore minus the ₹1.10 Crore loan.

How does the loan tenure affect the Land Rover Discovery EMI?

Over 3 years the EMI is ₹3,58,332 and you pay ₹18.75 Lakh in interest. Stretch it to 7 years and the EMI drops to ₹1,85,885, but interest rises to ₹45.90 Lakh.

Is the Land Rover Discovery EMI calculated on the ex-showroom price or the on-road price?

On the on-road price. In Delhi the 3.0 Diesel S costs ₹1.49 Crore on-road, which includes ₹5.12 Lakh insurance and ₹18.21 Lakh RTO and other charges.

Does the Land Rover Discovery EMI calculator include the processing fee?

Yes. The ₹5,450 processing fee is paid with the down payment and is not added to the loan.

Which bank has the lowest interest rate for a Land Rover Discovery loan?

Bank of Baroda, from 8.7%. At that rate the EMI on the same ₹1.10 Crore loan comes to ₹2,27,254 a month.

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Land Rover Discovery
Land Rover Discovery
4.0 29 user reviews
Starts at Rs. 1.25 Crore
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