Volvo EX40 EMI Calculator


Updated on October 2026
Volvo EX40 EMI starts at ₹92,634 per month for the E60 Plus electric(battery) (₹49.00 Lakh ex-showroom, ₹51.62 Lakh on-road Delhi), on a ₹43.10 Lakh loan at 10.5% for 60 months. Down payment: ₹8.52 Lakh. Total interest: ₹12.48 Lakh.

Volvo EX40 E60 Plus EMI & Down Payment

Ex-showroom
: Rs. 49,00,000
On-road price
: Rs. 51,62,098  (Delhi)
Loan amount
: Rs. 43,09,762  (On-road - Down payment)
Down payment
: Rs. 8,52,336  (On-road - Loan amount)
Monthly EMI
: Rs. 92,634  (For Tenure of 60 months @ 10.5%; banks start from 8.7%)
Insurance
: Rs. 2,08,498
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Volvo EX40 Car Loan EMI Calculator

On-road price (Delhi)
Rs. 51,62,098
Down payment
Rs. 8,52,336
Loan amount
Rs. 43,09,762
Interest rate
10.5%
Tenure
60 months
Monthly EMI
Rs. 92,634
Total interest
Rs. 12,48,278
Total payable
Rs. 55,58,040
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
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Volvo EX40 Car Loan Interest Rates – Bank Comparison

Lending Partners Interest Rate EMI Starting From (60 Months)
Loans From HDFC BankHDFC Bank 8.85% onwards Rs. 89,150 (60 months)
Loans From ICICI BankICICI Bank 9% onwards Rs. 89,464 (60 months)
Loans From Axis BankAxis Bank 9.15% onwards Rs. 89,778 (60 months)
Loans From Bank of Baroda BankBank of Baroda 8.7% onwards Rs. 88,837 (60 months)

Volvo EX40 EMI by Loan Tenure

For a Rs. 43,09,762 loan on the E60 Plus electric(battery) at 10.5%.

Tenure EMI Total Interest Total Payable
36 months Rs. 1,40,078 Rs. 7,33,046 Rs. 50,42,808
48 months Rs. 1,10,344 Rs. 9,86,750 Rs. 52,96,512
60 months Rs. 92,634 Rs. 12,48,278 Rs. 55,58,040
84 months Rs. 72,665 Rs. 17,94,098 Rs. 61,03,860
Volvo EX40
4.2 37 user reviews
Starts at ₹ 49.00 Lakh
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Volvo EX40 EMI – Frequently Asked Questions

What is the starting EMI of the Volvo EX40?

The Volvo EX40 EMI starts at ₹92,634 per month for the E60 Plus electric(battery) on a ₹43.10 Lakh loan at 10.5% for 60 months. Its on-road price in Delhi is ₹51.62 Lakh.

What is the minimum down payment for the Volvo EX40?

About ₹8.52 Lakh for the E60 Plus electric(battery) in Delhi: the on-road price of ₹51.62 Lakh minus a ₹43.10 Lakh loan.

How much total interest will I pay on a Volvo EX40 loan?

On a ₹43.10 Lakh loan at 10.5% for 60 months you pay ₹12.48 Lakh in interest, or ₹55.58 Lakh in total.

What is the Volvo EX40 EMI for a 3-year versus a 7-year tenure?

For a ₹43.10 Lakh loan at 10.5%, the EMI is ₹1,40,078 per month over 3 years (₹7.33 Lakh interest) and ₹72,665 per month over 7 years (₹17.94 Lakh interest).

Which bank has the lowest interest rate for a Volvo EX40 loan?

Of the banks listed on this page, Bank of Baroda starts lowest at 8.7%, which makes the EMI ₹88,837 per month on a ₹43.10 Lakh loan for 60 months.

How is the Volvo EX40 down payment calculated?

Down payment is the on-road price minus the loan amount. ZigWheels finances 90% of the ex-showroom price, less the processing fee and one EMI paid in advance, so the down payment covers the rest of the ex-showroom price plus insurance, registration and other on-road charges.

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Volvo EX40
4.2 37 user reviews
Starts at Rs. 49.00 Lakh
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