HomeCar Loan EMI Calculator

Car Loan EMI Calculator

Calculating the EMI for your car loan is simple. The EMI calculator calculates the installment based on the balance being reduced. This calculator finds out the loan amount based on the input fields and calculates EMI based on downpayment, tenure and Rate of Interest.

Calculate your EMI

Loan Amount
   10,000 25,00,000 
Duration of Loan
Years
5
 1  Years Years 7
Interest Rate*i
*Rate of interest can vary subject to credit profile. Loan approval is at the sole discretion of the finance partner.
(P.A.)
%
 2  % % 30
EMI PER MONTH
₹175
Principal Loan Amount₹10,000
Interest Amount₹500
Payable Amount₹10,500

Looking for a quick estimate of your monthly car loan payments? Our Auto Loan EMI Calculator has you covered. To get started, simply provide the following key information:

Loan Amount NeededLoan Amount Needed
Desired Loan TenureDesired Loan Tenure
Estimated Interest RateEstimated Interest Rate

With these inputs, our car EMI calculator will swiftly compute your monthly EMI, encompassing both the principal and interest portions. Please keep in mind that the actual interest rate may have minor variations.

Using our user-friendly Auto Loan EMI Calculator, you can gain valuable insights into your expected monthly car loan payments.

Used Car Loan Interest rate comparison

  • HDFCBank
    14% Interest rate1% Processing fee*
  • ICICI
    15% Interest rate1% Processing fee*
  • YesBank
    15.50% Interest rate1% Processing fee*
  • AxisBank
    15.25% Interest rate1% Processing fee*

*Processing fee is calculated on the loan amount. Additional Taxes and Stamp duty as applicable.
**Interest rate and Processing fee are indicative in nature and are subject to the lender's discretion.

How can an EMI Calculator Help you ?

Breakdown of Your Outstanding Amount Provided
Efficient Budget Planning
Precision
Time-Saving Tool
Unlimited Usage
Comparison Made Easy
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 and resulting monthly payments may vary. Exact monthly installments can be found out from the financial institution.