Car Loan EMI Calculator
Use the EMI calculator by following the below steps
- Enter the loan amount
- Enter the interest rate
- Enter down payment amount, if you are looking for pre-owned ( used car ) loan or new car
- And Others loans need not enter any value
- Enter Loan tenure (Years or Months)
- Click submit
Instalment in EMI calculator is calculated on reducing balance.
Disclaimer
The EMI Calculations herein are estimates only as per the information entered by you, Depending upon type of loan the strength of your credit, actual and resulting monthly payments may vary. Exact monthly instalments can be found out from the financial institution after submission of application.
The amount of instalments does not include any other fees charged by the financial institution / banks like processing fee, file charges, RTO charges and possible other charges etc..
The amount is in Indian Rupee rounded off to the nearest Rupee.