Land Rover Discovery EMI Calculator

Land Rover Discovery EMI starts at Rs 1,93,053 per month for a tenure of 60 months @ 9.8 for a loan amount of Rs 91.28 Lakh. The EMI Calculator tool on CarDekho gives a detailed break-up of the total payable amount and helps you in finding best car finance for your Discovery.

Land Rover Discovery Down Payment and EMI

Land Rover Discovery VariantsLoan @ rate%Down paymentEMI Amount(60 months)
Land Rover Discovery 2.09.8Rs.10.14 LakhRs.1,93,053
Land Rover Discovery 2.0 HSE9.8Rs.11.10 LakhRs.2,11,455
Land Rover Discovery 2.0 R-Dynamic HSE9.8Rs.11.26 LakhRs.2,14,493
Land Rover Discovery 2.0 R-Dynamic S9.8Rs.10.80 LakhRs.2,05,625
Land Rover Discovery 2.0 R-Dynamic SE9.8Rs.11.01 LakhRs.2,09,626
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Calculate your Loan EMI for Discovery

Down PaymentRs.0
Bank Interest Rate 8 %
Loan Period ( Years )
  • Total Loan AmountRs.0
  • Payable AmountRs.0
  • You''ll pay extraRs.0
EMIper month
Calculated on On Road Price
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Frequently Asked Questions On Discovery Emi

What will be the lowest down payment for Land Rover Discovery?

The lenders generally finance 90% of the On-Road Price of the Land Rover Discovery. Some customers might be eligible for 100% funding, too. Down payment is the difference between the On-Road Price of the Land Rover Discovery and the amount funded by the lender.

What will be the monthly EMI for the Land Rover Discovery?

EMIs or Equated Monthly Installments refer to the monthly payments you make to the lender to repay your loan. These payments include the principal amount as well as the interest i.e. EMI = Principal Amount + Interest on Principal amount. Mathematically, EMI for the Land Rover Discovery can be calculated using the following formula:

{P x R x (1+R)^N / [(1+R)^N-1]}

where, P = Principal amount of the loan, R = Rate of interest and N = Number of monthly installments.

For Example:- If the principal amount for a car loan is Rs. 91.28 Lakh- on an annual rate of interest of 9.8% for a tenure of 5 years then EMI will be Rs 1,93,053. The rate of interest (R) on your loan is calculated monthly i.e. (R= Annual rate of interest/12/100). For instance, if R = 9.8% per annum, then R= 9.8/12 = 0.81%/month .

What will be the interest rate for the Land Rover Discovery?

Interest rate for the Land Rover Discovery primarily depends on the principal amount and tenure of the loan amount. Interest rate of lenders generally varies from 8.75% per annum to 11.50% per annum. If a customer holds an account with the financier then he may have a pre-approved new car loan offer available for him which can be verified by logging into his account. Customers can also negotiate with the financier for a better rate of interest against their loan amount.

What will be the EMI for 5 years tenure for the Land Rover Discovery?

EMI for the Land Rover Discovery for 5 years tenure can be calculated as per the following formula:-

{P x R x (1+R)^N / [(1+R)^N-1]}

Where, P = Principal amount of the loan, R = Rate of interest, N = Number of monthly installments which will be per month in case of 5 years tenure.

Running cost of your car

KM driven per day20 km/day
Monthly fuel costRs.0* / month

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Disclaimer : As per the information entered by you the calculation is performed by EMI Calculator and the amount of installments does not include any other fees charged by the financial institution / banks like processing fee, file charges, etc. The amount is in Indian Rupee rounded off to the nearest Rupee. Depending upon type and use of vehicle, regional lender requirements and the strength of your credit, actual down payment and resulting monthly payments may vary. Exact monthly installments can be found out from the financial institution.
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