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aria-label="Co-branded Credit Cards">Co-branded Credit Cards</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/credit-card/rbl-bank-bankbazaar-savemax-credit-card.html" title="RBL SaveMax Credit Card" aria-label="RBL SaveMax Credit Card">RBL SaveMax Credit Card</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/credit-card/finbooster-yes-bank-bankbazaar-co-branded-credit-card.html " title="Yes Bank FinBooster Credit Card" aria-label="Yes Bank FinBooster Credit Card">Yes Bank FinBooster Credit Card</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/hdfc-credit-card.html" title="HDFC Credit Cards" aria-label="HDFC Credit Cards">HDFC Credit Cards</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/sbi-credit-card.html" title="SBI Credit Cards" aria-label="SBI Credit Cards">SBI Credit Cards</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/indusind-credit-card.html" title="Indusind Bank Credit cards" aria-label="Indusind Bank Credit cards">Indusind Bank Credit cards</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/credit-card/top-10-credit-cards-in-india.html" title="Top 10 Credit Cards" aria-label="Top 10 Credit Cards">Top 10 Credit Cards</a></li></ul></div></details></div><div class="border bg-transparent hover:bg-transparent text-sm"><details name="accordion" class="px-4 py-4"><summary class="cursor-pointer block relative"><strong><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-school mr-2 h-full"><path d="M14 22v-4a2 2 0 1 0-4 0v4"></path><path d="m18 10 4 2v8a2 2 0 0 1-2 2H4a2 2 0 0 1-2-2v-8l4-2"></path><path d="M18 5v17"></path><path d="m4 6 8-4 8 4"></path><path d="M6 5v17"></path><circle cx="12" cy="9" r="2"></circle></svg>Home Loans <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ul class="list-none "><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan.html" title="Compare Home Loans" aria-label="Compare Home Loans">Compare Home Loans</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan/emi-calculator.html" title="Home Loan Calculator" aria-label="Home Loan Calculator">Home Loan Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan-interest-rate.html" title="Home Loan Interest Rates" aria-label="Home Loan Interest Rates">Home Loan Interest Rates</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan-eligibility.html" title="Home Loan Eligibility" aria-label="Home Loan Eligibility">Home Loan Eligibility</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan-balance-transfer.html" title="Home Loan Transfer" aria-label="Home Loan Transfer">Home Loan Transfer</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan/pradhan-mantri-awas-yojana.html" title="PMAY" aria-label="PMAY">PMAY</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/sbi-home-loan.html" title="SBI Home Loan" aria-label="SBI Home Loan">SBI Home Loan</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/hdfc-home-loan.html" title="HDFC Home Loan" aria-label="HDFC Home Loan">HDFC Home Loan</a></li></ul></div></details></div><div class="border bg-transparent hover:bg-transparent text-sm"><details name="accordion" class="px-4 py-4"><summary class="cursor-pointer block relative"><strong><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-indian-rupee mr-2 h-full"><path d="M6 3h12"></path><path d="M6 8h12"></path><path d="m6 13 8.5 8"></path><path d="M6 13h3"></path><path d="M9 13c6.667 0 6.667-10 0-10"></path></svg>Personal Loans <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ul class="list-none "><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/personal-loan.html" title="Compare Personal Loans" aria-label="Compare Personal Loans">Compare Personal Loans</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/personal-loan/emi-calculator.html" title="Personal Loan Calculator" aria-label="Personal Loan Calculator">Personal Loan Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/personal-loan-interest-rate.html" title="Personal Loan Interest Rates" aria-label="Personal Loan Interest Rates">Personal Loan Interest Rates</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/personal-loan-eligibility.html" title="Personal Loan Eligibility" aria-label="Personal Loan Eligibility">Personal Loan Eligibility</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/sbi-personal-loan.html" title="SBI Personal Loan" aria-label="SBI Personal Loan">SBI Personal Loan</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/hdfc-personal-loan.html" title="HDFC Personal Loan" aria-label="HDFC Personal Loan">HDFC Personal Loan</a></li></ul></div></details></div><div class="border bg-transparent hover:bg-transparent text-sm"><details name="accordion" class="px-4 py-4"><summary class="cursor-pointer block relative"><strong><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-indian-rupee mr-2 h-full"><path d="M6 3h12"></path><path d="M6 8h12"></path><path d="m6 13 8.5 8"></path><path d="M6 13h3"></path><path d="M9 13c6.667 0 6.667-10 0-10"></path></svg>Other Loans <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ul class="list-none "><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan.html" title="Car Loan" aria-label="Car Loan">Car Loan</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/two-wheeler-loan.html" title="Two Wheeler Loan" aria-label="Two Wheeler Loan">Two Wheeler Loan</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/education-loan.html" title="Education Loan" aria-label="Education Loan">Education Loan</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/gold-loan.html" title="Gold Loan" aria-label="Gold Loan">Gold Loan</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan/loan-against-property.html" title="Loan Against Property" aria-label="Loan Against Property">Loan Against Property</a></li></ul></div></details></div><div class="border bg-transparent hover:bg-transparent text-sm"><details name="accordion" class="px-4 py-4"><summary class="cursor-pointer block relative"><strong><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-calculator mr-2 h-full"><rect width="16" height="20" x="4" y="2" rx="2"></rect><line x1="8" x2="16" y1="6" y2="6"></line><line x1="16" x2="16" y1="14" y2="18"></line><path d="M16 10h.01"></path><path d="M12 10h.01"></path><path d="M8 10h.01"></path><path d="M12 14h.01"></path><path d="M8 14h.01"></path><path d="M12 18h.01"></path><path d="M8 18h.01"></path></svg>Calculators <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ul class="list-none "><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/finance-tools/emi-calculator.html" title="EMI Calculator" aria-label="EMI Calculator">EMI Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/home-loan/emi-calculator.html" title="Home Loan EMI Calculator" aria-label="Home Loan EMI Calculator">Home Loan EMI Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/personal-loan/emi-calculator.html" title="Personal Loan EMI Calculator" aria-label="Personal Loan EMI Calculator">Personal Loan EMI Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/emi-calculator.html" title="Car Loan EMI Calculator" aria-label="Car Loan EMI Calculator">Car Loan EMI Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/tax/income-tax-calculator.html" title="Income Tax Calculator" aria-label="Income Tax Calculator">Income Tax Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/fixed-deposit/fd-calculator.html" title="FD Calculator" aria-label="FD Calculator">FD Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/recurring-deposit/rd-interest-calculator.html" title="RD Calculator" aria-label="RD Calculator">RD Calculator</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/calculators.html" title="All Financial Calculators" aria-label="All Financial Calculators">All Financial Calculators</a></li></ul></div></details></div><div class="border bg-transparent hover:bg-transparent text-sm"><details name="accordion" class="px-4 py-4"><summary class="cursor-pointer block relative"><strong><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-indian-rupee mr-2 h-full"><path d="M6 3h12"></path><path d="M6 8h12"></path><path d="m6 13 8.5 8"></path><path d="M6 13h3"></path><path d="M9 13c6.667 0 6.667-10 0-10"></path></svg>Investments <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ul class="list-none "><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/fixed-deposit-rate.html" title="Fixed Deposit" aria-label="Fixed Deposit">Fixed Deposit</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/recurring-deposit-rates.html" title="Recurring Deposit" aria-label="Recurring Deposit">Recurring Deposit</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/savings-account.html" title="Savings Account" aria-label="Savings Account">Savings Account</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/saving-schemes.html" title="Saving Schemes" aria-label="Saving Schemes">Saving Schemes</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/gold-rate-india.html" title="Gold Rate" aria-label="Gold Rate">Gold Rate</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/silver-rate-india.html" title="Silver Rate" aria-label="Silver Rate">Silver Rate</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/mutual-fund.html" title="Mutual Funds" aria-label="Mutual Funds">Mutual Funds</a></li></ul></div></details></div><span><a href="/credit-score.html" class="inline-flex items-center justify-center whitespace-nowrap rounded-md text-sm ring-offset-white transition-colors focus-visible:outline-none focus-visible:ring-slate-950 focus-visible:ring-offset-2 disabled:pointer-events-none disabled:opacity-50 dark:ring-offset-slate-950 dark:focus-visible:ring-slate-300 dark:bg-slate-50 dark:text-slate-900 dark:hover:bg-slate-50/90 px-4 minW-auto bg-inherit text-inherit hover:bg-inherit no-underline h-auto text-wrap font-medium focus-visible:ring-0 w-full py-4"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-wallet-cards mr-2 h-full"><rect width="18" height="18" x="3" y="3" rx="2"></rect><path d="M3 9a2 2 0 0 1 2-2h14a2 2 0 0 1 2 2"></path><path d="M3 11h3c.8 0 1.6.3 2.1.9l1.1.9c1.6 1.6 4.1 1.6 5.7 0l1.1-.9c.5-.5 1.3-.9 2.1-.9H21"></path></svg><span class="flex-auto "><strong><p class="text-sm ">Credit Score</p></strong></span><img src="https://static.bankbazaar.com/images/common/bbicons-menu-free-badge.webp" alt="FREE" title="FREE" width="40" height="20" style="max-width:100%;display:inline"/></a></span><div class="border bg-transparent hover:bg-transparent text-sm"><details name="accordion" class="px-4 py-4"><summary class="cursor-pointer block relative"><strong><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-file-text mr-2 h-full"><path d="M15 2H6a2 2 0 0 0-2 2v16a2 2 0 0 0 2 2h12a2 2 0 0 0 2-2V7Z"></path><path d="M14 2v4a2 2 0 0 0 2 2h4"></path><path d="M10 9H8"></path><path d="M16 13H8"></path><path d="M16 17H8"></path></svg>Govt. Utility Documents <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ul class="list-none "><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/pan-card.html" title="Pan Card" aria-label="Pan Card">Pan Card</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/aadhar-card.html" title="Aadhaar Card" aria-label="Aadhaar Card">Aadhaar Card</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/voter-id.html" title="Voter ID" aria-label="Voter ID">Voter ID</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/electricity-bill.html" title="Electricity Bill" aria-label="Electricity Bill">Electricity Bill</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/driving-licence.html" title="Driving Licence" aria-label="Driving Licence">Driving Licence</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/passport.html" title="Passport" aria-label="Passport">Passport</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/visa.html" title="Visa" aria-label="Visa">Visa</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/gas-connection.html" title="Gas Connection" aria-label="Gas Connection">Gas Connection</a></li><li class="text-sm ml-6 pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-bbBlue" href="/ration-card.html" title="Ration Card" aria-label="Ration Card">Ration Card</a></li></ul></div></details></div><span><a href="/getapp.html" class="inline-flex items-center justify-center whitespace-nowrap rounded-md text-sm ring-offset-white transition-colors focus-visible:outline-none focus-visible:ring-slate-950 focus-visible:ring-offset-2 disabled:pointer-events-none disabled:opacity-50 dark:ring-offset-slate-950 dark:focus-visible:ring-slate-300 dark:bg-slate-50 dark:text-slate-900 dark:hover:bg-slate-50/90 px-4 minW-auto bg-inherit text-inherit hover:bg-inherit no-underline h-auto text-wrap font-medium focus-visible:ring-0 w-full py-4"><span class="mr-2"><img src="https://static.bankbazaar.com/images/common/bbicons-menu-download-app.webp" alt="Download App" title="Download App" width="25" height="28" style="max-width:100%;display:inline"/></span><span class="flex-auto "><strong><p class="text-sm ">Download Mobile App</p></strong></span><img src="https://static.bankbazaar.com/images/common/bbicons-menu-android-star-badge.webp" alt="Badge" title="Badge" width="12" height="20" style="max-width:100%;display:inline"/></a></span><div class="border bg-transparent hover:bg-transparent text-sm"><details name="accordion" class="px-4 py-4"><summary class="cursor-pointer block relative"><strong><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-umbrella mr-2 h-full"><path d="M22 12a10.06 10.06 1 0 0-20 0Z"></path><path d="M12 12v8a2 2 0 0 0 4 0"></path><path d="M12 2v1"></path></svg>Insurance <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 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data-testid="breadcrumb-json-ld">{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://www.bankbazaar.com/"},{"@type":"ListItem","position":2,"name":"Car Loan","item":"https://www.bankbazaar.com/car-loan.html"},{"@type":"ListItem","position":3,"name":"Car Loan EMI Calculator"}]}</script><div id="ad-skyscraper-left" data-inline-ad-position="LEFT"></div><div id="ad-skyscraper-right" data-inline-ad-position="RIGHT"></div><div class="flex flex-col gap-2.5 px-0"><div class="items-center flex gap-2.5"><h1 class="text-xl font-bold ">Car Loan EMI Calculator</h1></div><div class="rounded-lg border border-slate-200 text-slate-950 shadow-sm dark:border-slate-800 dark:bg-slate-950 dark:text-slate-50 relative bg-primary-light"><div class="p-2.5"><div class="pr-md font-large" style="max-height:500px;overflow-y:auto"><p class="text-base ">Calculate the car loan EMI by using BankBazaar’s Car Loan EMI Calculator. You will need to enter the <strong>loan amount, tenure, and interest rate</strong>, and click on <strong>‘Calculate’</strong> to check the EMIs.</p></div></div></div><div><div class="mb-xl"><span style="background-color:#ffff009c" class="mb-xl"></span></div><div class="flex flex-col gap-1"><div class="text-center mt-4 mb-4"><a href="https://www.bankbazaar.com/credit-score.html?variant=slide&WT.mc_id=CROSS_SELL_IL_CLBUTTON_153839&utm_source=bb&utm_medium=seo&utm_campaign=CROSS_SELL_IL_CLBUTTON_153839" class="inline-flex items-center justify-center whitespace-nowrap rounded-md text-sm ring-offset-white transition-colors focus-visible:outline-none focus-visible:ring-slate-950 focus-visible:ring-offset-2 disabled:pointer-events-none disabled:opacity-50 dark:ring-offset-slate-950 dark:focus-visible:ring-slate-300 dark:bg-slate-50 dark:text-slate-900 dark:hover:bg-slate-50/90 px-4 py-2 minW-auto no-underline h-auto text-wrap font-medium focus-visible:ring-0 bg-destructive text-destructive-foreground hover:bg-destructive-300" title="Check FREE Credit Score">Check FREE Credit Score</a></div><div class="pb-2.5"><div class="rounded-lg border border-slate-200 bg-white text-slate-950 dark:border-slate-800 dark:bg-slate-950 dark:text-slate-50 relative shadow-lg"><div class="p-2.5"><div class="flex flex-col gap-4 px-4 py-6"><div class="grid grid-cols-12 gap-5"><div class=" lg:col-span-6 md:col-span-6 col-span-12"><div class="flex flex-col gap-5"></div></div><div class=" lg:col-span-6 md:col-span-6 col-span-12"></div></div><div class="grid grid-cols-12"><div class=" lg:col-span-12 md:col-span-12 col-span-12"></div></div></div></div></div></div><div class="text-center mt-4 mb-4"><a href="https://www.bankbazaar.com/credit-score.html?variant=slide&WT.mc_id=CROSS_SELL_IL_CLBUTTON_153839&utm_source=bb&utm_medium=seo&utm_campaign=CROSS_SELL_IL_CLBUTTON_153839" class="inline-flex items-center justify-center whitespace-nowrap rounded-md text-sm ring-offset-white transition-colors focus-visible:outline-none focus-visible:ring-slate-950 focus-visible:ring-offset-2 disabled:pointer-events-none disabled:opacity-50 dark:ring-offset-slate-950 dark:focus-visible:ring-slate-300 dark:bg-slate-50 dark:text-slate-900 dark:hover:bg-slate-50/90 px-4 py-2 minW-auto no-underline h-auto text-wrap font-medium focus-visible:ring-0 bg-destructive text-destructive-foreground hover:bg-destructive-300" title="Check FREE Credit Score">Check FREE Credit Score</a></div><h2 class="text-lg font-bold pt-5">Car loan EMI Calculator - Calculate your Car Loan EMI Online</h2><p class="text-base ">Nowadays, it is much easier to buy your dream car due to the various car loan schemes offered by different lenders. Car loans are offered at attractive interest rates and a repayment tenure of up to 8 years.</p></div><div><div class="flex flex-col gap-1"><p class="text-base ">Various banks and third-party websites offer a Car Loan EMI Calculator that allows you to calculate the Equated Monthly Instalments (EMIs) that must be paid. The Car Loan EMI calculator offered by BankBazaar is simple to use and is free.</p><p class="text-base ">Basic details such as the repayment tenure, principal amount, and the rate of interest must be entered to calculate the Car Loan EMI.</p><p class="text-base ">You can make use of the Car Loan EMI calculator to estimate the amount you have to pay each month for your car loan. The <a href="https://www.bankbazaar.com/finance-tools/emi-calculator.html" target="_blank">online EMI Calculator</a> offered by BankBazaar will calculate the monthly instalments as well as provide you with a detailed loan repayment table presenting you with details such as the principal amount and interest amount being paid and the outstanding balance after payment of the instalment.</p><h2 class="text-lg font-bold pt-5">Process to use BankBazaar’s Car Loan EMI Calculator</h2><p class="text-base ">The procedure that must be followed to use the Car Loan EMI calculator offered by BankBazaar is mentioned below:</p><ol class="list-disc list-outside ml-4 mr-4 "><li class="pt-1 pb-1">The calculator can be found on the top of this page. The first step would be to select the loan amount.</li><li class="pt-1 pb-1">Next, select the repayment tenure.</li><li class="pt-1 pb-1">Enter the rate of interest</li><li class="pt-1 pb-1">Enter the processing fee. The results will be displayed immediately.</li></ol><p class="text-base ">You can check the principal amount and the interest that is being paid every year. The calculator also provides the outstanding balance at the end of every year.</p><div class="text-center mt-4 mb-4"><a href="https://www.bankbazaar.com/credit-score.html?variant=slide&WT.mc_id=CROSS_SELL_IL_CLBUTTON_153839&utm_source=bb&utm_medium=seo&utm_campaign=CROSS_SELL_IL_CLBUTTON_153839" class="inline-flex items-center justify-center whitespace-nowrap rounded-md text-sm ring-offset-white transition-colors focus-visible:outline-none focus-visible:ring-slate-950 focus-visible:ring-offset-2 disabled:pointer-events-none disabled:opacity-50 dark:ring-offset-slate-950 dark:focus-visible:ring-slate-300 dark:bg-slate-50 dark:text-slate-900 dark:hover:bg-slate-50/90 px-4 py-2 minW-auto no-underline h-auto text-wrap font-medium focus-visible:ring-0 bg-destructive text-destructive-foreground hover:bg-destructive-300" title="Check FREE Credit Score">Check FREE Credit Score</a></div><div class=""></div><div data-inline-ad-position="HUNGRY_FOR_MORE"></div><h2 class="text-lg font-bold pt-5">How is EMI Determined</h2><p class="text-base ">The EMI for any type of loan is essentially calculated using a formula. The formula is as follows:</p><p class="text-base "><strong>E = P x R x (1+R)^n / {(1+R)^n – 1}</strong></p><p class="text-base ">where ‘E’ stands for the EMI you owe,</p><p class="text-base "><strong>‘P’</strong> stands for the principal amount,</p><p class="text-base "><strong>‘R’</strong> stands for the interest rate applicable to your car loan,</p><p class="text-base ">and <strong>‘n’</strong> stands for the tenure of the car loan (in months).</p><h2 class="text-lg font-bold pt-5">Fixed rate vs. Floating rate of interest</h2><p class="text-base ">Car loans are offered at fixed as well as floating interest rates. The fixed rate will remain unchanged for the tenure of the loan, but the floating rate is subject to change from time to time.</p><p class="text-base ">The different factors that can affect interest rates include applicable taxes, liquidity, inflation, etc.</p><ol class="list-disc list-outside ml-4 mr-4 "><li class="pt-1 pb-1"><strong>Fixed Rate EMI Calculation</strong></li></ol><p class="text-base ">Under the fixed rate EMI calculation, the EMI you have to pay towards the car loan remains unchanged throughout the loan tenure. This is so because the company offered a fixed rate of interest for the whole period.</p><p class="text-base ">For example, for a car loan equal to Rs.5 lakh at 10% p.a. interest for a 3-year tenure, the interest payable will be Rs.16,134 per month. This will be the amount payable throughout the tenure of the loan.</p><ol class="list-disc list-outside ml-4 mr-4 "><li class="pt-1 pb-1"><strong>Floating Rate EMI Calculation</strong></li></ol><p class="text-base ">Under the floating rate EMI calculation method, the EMI payable differs based on the interest rate applicable at the time. The floating rate of interest changes based on the market lending rate.</p><p class="text-base ">Let’s say you have taken a car loan equal to Rs.5 lakh for a 3-year tenure. The interest rate for about a year is 10% so the EMI payable, as in the example above is Rs.16,134. After completion of 1 year, you have an outstanding balance of Rs.3,36,409.</p><p class="text-base ">The<a href="https://www.bankbazaar.com/car-loan-interest-rate.html" target="_blank"> car loan interest rate</a> at that time is then changed to 8%. So, for the rest of the tenure, the EMI payable will be Rs.15,215.</p><p class="text-base "><strong>Note:</strong> This loan's interest rate is variable, meaning it can fluctuate up or down based on the market.</p><div class="text-center mt-4 mb-4"><a href="https://www.bankbazaar.com/credit-score.html?variant=slide&WT.mc_id=CROSS_SELL_IL_CLBUTTON_153839&utm_source=bb&utm_medium=seo&utm_campaign=CROSS_SELL_IL_CLBUTTON_153839" class="inline-flex items-center justify-center whitespace-nowrap rounded-md text-sm ring-offset-white transition-colors focus-visible:outline-none focus-visible:ring-slate-950 focus-visible:ring-offset-2 disabled:pointer-events-none disabled:opacity-50 dark:ring-offset-slate-950 dark:focus-visible:ring-slate-300 dark:bg-slate-50 dark:text-slate-900 dark:hover:bg-slate-50/90 px-4 py-2 minW-auto no-underline h-auto text-wrap font-medium focus-visible:ring-0 bg-destructive text-destructive-foreground hover:bg-destructive-300" title="Check FREE Credit Score">Check FREE Credit Score</a></div><h2 class="text-lg font-bold pt-5">Car Loan Fees and Charges for Top Banks</h2><p class="text-base ">Given below is a comparison of a few fees and charges levied by three selective banks:</p><div class="relative w-full overflow-auto"><table class="w-full caption-bottom text-sm border"><thead class="[&_tr]:border-b font-bold"><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit"><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l bg-secondary hover:bg-secondary text-white p-2" colSpan="1"><p class="text-base "><strong>Name of the bank</strong></p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l bg-secondary hover:bg-secondary text-white p-2" colSpan="1"><p class="text-base "><strong>Interest Rate (p.a.)</strong></p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l bg-secondary hover:bg-secondary text-white p-2" colSpan="1"><p class="text-base "><strong>Loan Amount</strong></p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l bg-secondary hover:bg-secondary text-white p-2" colSpan="1"><p class="text-base "><strong>Processing Fee</strong></p></td></tr></thead><tbody class="[&_tr:last-child]:border-0"><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base "><a href="https://www.bankbazaar.com/union-bank-car-loan.html" target="_blank">Union Bank of India</a></p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">8.70% p.a. onwards</p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Up to Rs.125 lakh</p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">0.25% to 0.50% of the loan amount</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base "><a href="https://www.bankbazaar.com/axis-car-loan.html" target="_blank">Axis Bank</a></p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">9.30% p.a. onwards</p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Rs.1 lakh onwards</p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Rs.3,500 to Rs.5,500</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base "><a href="https://www.bankbazaar.com/sbi-car-loan.html" target="_blank">State Bank of India</a></p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">8.85% p.a. onwards</p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Up to 48 times of monthly income</p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Nil</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base "><a href="https://www.bankbazaar.com/canara-bank-car-loan.html" target="_blank">Canara Bank Car Loan</a></p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">9.85% p.a. onwards</p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Up to 90% of the car's value</p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">0.25% of loan amount Min: Rs.1,000 Max: Rs.5,000</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base "><a href="https://www.bankbazaar.com/federal-bank-car-loan.html" target="_blank">Federal Bank Car Loan</a></p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">8.85% p.a. onwards</p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Up to 100% of the car's ex-showroom price</p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Rs.1,500 to Rs.2,500</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base "><a href="https://www.bankbazaar.com/icici-car-loan.html" target="_blank">ICICI Bank Car Loan</a></p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">9.10% p.a. onwards</p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Up to 100% of the car's on-road price</p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Up to 2% of the loan amount plus GST</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base "><a href="https://www.bankbazaar.com/hdfc-car-loan.html" target="_blank">HDFC Bank Car Loan</a></p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">9.40% p.a. onwards</p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Up to 100% of the car's on-road price</p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">0.5% of loan amount Min: Rs.3,500 Max: Rs.8,000</p></td></tr><tr class="border-b transition-colors data-[state=selected]:bg-slate-100 dark:hover:bg-slate-800/50 dark:data-[state=selected]:bg-slate-800 hover:bg-inherit even:bg-gray-100 hover:even:bg-gray-100"><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base "><a href="https://www.bankbazaar.com/punjab-national-bank-car-loan.html" target="_blank">Punjab National Bank Car Loan</a></p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">8.75% p.a. onwards</p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">Up to 25 times of monthly income</p></td><td class="align-middle [&:has([role=checkbox])]:pr-0 border-l p-2" colSpan="1" rowSpan="1"><p class="text-base ">0.25% of loan amount Min: Rs.1,000 Max: Rs.1,500</p></td></tr></tbody></table></div><p class="text-base "><strong>Note: GST rates will be applicable over and above the rates charges mentioned above.</strong></p><div data-inline-ad-position="HUNGRY_FOR_MORE"></div><h2 class="text-lg font-bold pt-5">Advantages of Using the Car Loan EMI Calculator</h2><ol class="list-disc list-outside ml-4 mr-4 "><li class="pt-1 pb-1"><strong>Break-Up of the Due Amount is Provided:</strong> The car loan EMI calculator helps you calculate the processing fees, interest that is paid, the total amount that must be paid, and the principal amount.</li><li class="pt-1 pb-1"><strong>Your Budget can be Planned:</strong> Once you know the EMI that must be paid, you can plan your budget accordingly. In case the loan amount that is being availed is large, you may think of opting for a longer tenure. These details can be determined by using the car loan EMI calculator.</li><li class="pt-1 pb-1"><strong>Accuracy:</strong> For the details that are being provided on the calculator, the results that are displayed are accurate. Manual calculations may not provide accurate results.</li><li class="pt-1 pb-1"><strong>Saves Time:</strong> The main aim of the Car Loan EMI calculator is to save time. Once the relevant details are entered, the results are displayed almost immediately.</li><li class="pt-1 pb-1"><strong>No Limit:</strong> There is no limit to the number of times the calculator can be used. Therefore, you use the calculator with different variants. This can help you choose the best lender and the down payment that must be paid.</li><li class="pt-1 pb-1"><strong>Compare:</strong> As there is no limit to the number of times that the calculator can be used, you can compare the EMIs for different values.</li></ol><ul class="list-none "></ul><div class="mb-2.5 py-1"><div class="grid grid-cols-12 gap-2.5"><div class=" lg:col-span-12 md:col-span-12 col-span-12"><div class="border bg-transparent hover:bg-transparent"><details name="accordion" class="px-2.5 py-2.5"><summary class="cursor-pointer block relative"><strong>Car Loan EMI Calculator Offered by Major Banks in India <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ol class="list-disc list-outside ml-4 mr-4 columns-3"><li class=""><a href="/car-loan/axis-bank-car-loan-emi-calculator.html" title="Axis Bank Car Loan EMI Calculator" target="_black">Axis Bank Car Loan EMI Calculator</a></li><li class=""><a href="/car-loan/hdfc-car-loan-calculator.html" title="HDFC Car Loan EMI Calculator " target="_black">HDFC Car Loan EMI Calculator </a></li><li class=""><a href="/car-loan/sbi-car-loan-emi-calculator.html" title="SBI Car Loan EMI Calculator " target="_black">SBI Car Loan EMI Calculator </a></li><li class=""><a href="/car-loan/icici-car-loan-calculator.html" title="ICICI Car Loan EMI Calculator" target="_black">ICICI Car Loan EMI Calculator</a></li><li class=""><a href="/car-loan/kotak-mahindra-bank-car-loan-calculator.html" title="Kotak Mahindra Bank Car Loan EMI Calculator " target="_black">Kotak Mahindra Bank Car Loan EMI Calculator </a></li><li class=""><a href="/car-loan/canara-bank-car-loan-calculator.html" title="Canara Bank Car Loan EMI Calculator " target="_black">Canara Bank Car Loan EMI Calculator </a></li><li class=""><a href="/car-loan/central-bank-of-india-car-loan-calculator.html" title="Central Bank of India Car Loan EMI Calculator" target="_black">Central Bank of India Car Loan EMI Calculator</a></li><li class=""><a href="/car-loan/punjab-national-bank-car-loan-calculator.html" title="Punjab National Bank Car Loan EMI Calculator " target="_black">Punjab National Bank Car Loan EMI Calculator </a></li><li class=""><a href="/car-loan/union-bank-car-loan-calculator.html" title="Union Bank Car Loan EMI Calculator" target="_black">Union Bank Car Loan EMI Calculator</a></li><li class=""><a href="/car-loan/iob-car-loan-calculator.html" title="Indian Overseas Bank Car Loan EMI Calculator " target="_black">Indian Overseas Bank Car Loan EMI Calculator </a></li><li class=""><a href="/car-loan/federal-bank-car-loan-calculator.html" title="Federal Bank Car Loan EMI Calculator" target="_black">Federal Bank Car Loan EMI Calculator</a></li><li class=""><a href="/car-loan/south-indian-bank-car-loan-emi-calculator.html" title="South Indian Bank Car Loan EMI Calculator " target="_black">South Indian Bank Car Loan EMI Calculator </a></li><li class=""><a href="/car-loan/bank-of-baroda-car-loan-calculator.html" title="Bank of Baroda Car Loan EMI Calculator" target="_black">Bank of Baroda Car Loan EMI Calculator</a></li><li class=""><a href="/car-loan/indusind-car-loan-calculator.html" title="IndusInd Car Loan EMI Calculator" target="_black">IndusInd Car Loan EMI Calculator</a></li></ol></div></details></div></div></div></div></div><h2 class="text-lg font-bold pt-4">FAQs on Car Loan EMI Calculator</h2><ul class="list-decimal list-outside ml-4 mr-4 "><li class="pt-1 pb-1"><strong>What is Equated Monthly Installment?</strong><p class="text-base ">Secured loans like home loans and car loans, and unsecured loans like personal loans are repaid through Equated Monthly Installments (EMI). </p></li><li class="pt-1 pb-1"><strong>What are the benefits of using an online Car Loan EMI Calculator?</strong><p class="text-base ">The results are instant and accurate whereas manual EMI calculations are prone to human error and are time consuming. You can also input varying combinations of the loan amount, loan tenure, and interest rates to get revised results.</p></li><li class="pt-1 pb-1"><strong>Are there any charges levied to use a car loan EMI calculator?</strong><p class="text-base ">No charges are levied to use a car loan EMI calculator.</p></li><li class="pt-1 pb-1"><strong>What is a Car Loan Repayment table?</strong><p class="text-base ">A Car Loan Repayment table represents the periodic loan repayment schedule of your car loan. It consists of the breakdown of your car loan repayment details such as the principal loan amount, EMI, interest payment, and the outstanding due after each EMI payment.</p></li><li class="pt-1 pb-1"><strong>What details must be entered to get the results in case a car loan EMI calculator is used?</strong><p class="text-base ">The interest rate, processing fee, loan amount, and tenure must be entered to get the results in case a car loan EMI calculator is used.</p></li></ul><script type="application/ld+json" data-testid="faq-json-ld">{"@context":"https://schema.org","@type":"FAQPage","mainEntity":[{"@type":"Question","name":"What is Equated Monthly Installment?","acceptedAnswer":{"@type":"Answer","text":"Secured loans like home loans and car loans, and unsecured loans like personal loans are repaid through Equated Monthly Installments (EMI). ."}},{"@type":"Question","name":"What are the benefits of using an online Car Loan EMI Calculator?","acceptedAnswer":{"@type":"Answer","text":"The results are instant and accurate whereas manual EMI calculations are prone to human error and are time consuming. 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It consists of the breakdown of your car loan repayment details such as the principal loan amount, EMI, interest payment, and the outstanding due after each EMI payment."}},{"@type":"Question","name":"What details must be entered to get the results in case a car loan EMI calculator is used?","acceptedAnswer":{"@type":"Answer","text":"The interest rate, processing fee, loan amount, and tenure must be entered to get the results in case a car loan EMI calculator is used."}}]}</script><h2 class="text-lg font-bold pt-2 pb-2"></h2><div class="flex flex-col gap-2.5"></div><div class="flex flex-col gap-4 pt-4"><div class="grid grid-cols-12 gap-5"><div class=" col-span-4"><div class="border bg-transparent hover:bg-transparent"><details name="accordion" class="px-2.5 py-2.5"><summary class="cursor-pointer block relative"><strong>Car Loan Essentials <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ol class="list-disc list-outside ml-4 mr-4 "><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan.html" title="Car Loan" target="_blank" aria-label="Car Loan">Car Loan</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/emi-calculator.html" title="Car Loan EMI Calculator" target="_blank" aria-label="Car Loan EMI Calculator">Car Loan EMI Calculator</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan-eligibility.html" title="Car Loan Eligibility Calculator" target="_blank" aria-label="Car Loan Eligibility Calculator">Car Loan Eligibility Calculator</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan-interest-rate.html" title="Car Loan Interest Rates" target="_blank" aria-label="Car Loan Interest Rates">Car Loan Interest Rates</a></li></ol></div></details></div></div><div class=" col-span-4"><div class="border bg-transparent hover:bg-transparent"><details name="accordion" class="px-2.5 py-2.5"><summary class="cursor-pointer block relative"><strong>Car Loan Customer Care by Bank <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ol class="list-disc list-outside ml-4 mr-4 "><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/axis-bank-car-loan-customer-care.html" title="Axis Bank Car Loan Customer Care" target="_blank" aria-label="Axis Bank Car Loan Customer Care">Axis Bank Car Loan Customer Care</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/bank-of-baroda-car-loan-customer-care.html" title="BOB Car Loan Customer Care" target="_blank" aria-label="BOB Car Loan Customer Care">BOB Car Loan Customer Care</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/hdfc-car-loan-customer-care.html" title="HDFC Car Loan Customer Care" target="_blank" aria-label="HDFC Car Loan Customer Care">HDFC Car Loan Customer Care</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/sbi-car-loan-customer-care.html" title="SBI Car Loan Customer Care" target="_blank" aria-label="SBI Car Loan Customer Care">SBI Car Loan Customer Care</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/yes-bank-car-loan-customer-care.html" title="Yes Bank Car Loan Customer Care" target="_blank" aria-label="Yes Bank Car Loan Customer Care">Yes Bank Car Loan Customer Care</a></li></ol></div></details></div></div><div class=" col-span-4"><div class="border bg-transparent hover:bg-transparent"><details name="accordion" class="px-2.5 py-2.5"><summary class="cursor-pointer block relative"><strong>Car Loans from Top Banks <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ol class="list-disc list-outside ml-4 mr-4 "><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/sbi-car-loan.html" title="SBI Car Loan" target="_blank" aria-label="SBI Car Loan">SBI Car Loan</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/hdfc-car-loan.html" title="HDFC Car Loan" target="_blank" aria-label="HDFC Car Loan">HDFC Car Loan</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/canara-bank-car-loan.html" title="Canara Bank Car Loan" target="_blank" aria-label="Canara Bank Car Loan">Canara Bank Car Loan</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/axis-car-loan.html" title="Axis Bank Car Loan" target="_blank" aria-label="Axis Bank Car Loan">Axis Bank Car Loan</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/union-bank-car-loan.html" title="Union Bank Car loan" target="_blank" aria-label="Union Bank Car loan">Union Bank Car loan</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/punjab-national-bank-car-loan.html" title="Punjab National Bank Car loan" target="_blank" aria-label="Punjab National Bank Car loan">Punjab National Bank Car loan</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/bank-of-baroda-car-loan.html" title="Bank of Baroda Car loan" target="_blank" aria-label="Bank of Baroda Car loan">Bank of Baroda Car loan</a></li></ol></div></details></div></div><div class=" col-span-4"><div class="border bg-transparent hover:bg-transparent"><details name="accordion" class="px-2.5 py-2.5"><summary class="cursor-pointer block relative"><strong>Car Loan Interest Rate from Top Banks <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ol class="list-disc list-outside ml-4 mr-4 "><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/sbi-car-loan-interest-rates.html" title="SBI Car Loan Interest Rate" target="_blank" aria-label="SBI Car Loan Interest Rate">SBI Car Loan Interest Rate</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/bank-of-baroda-car-loan-interest-rates.html" title="BOB Car loan Interest Rate" target="_blank" aria-label="BOB Car loan Interest Rate">BOB Car loan Interest Rate</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/canara-bank-car-loan-interest-rates.html" title="Canara Bank Car Loan Interest Rate" target="_blank" aria-label="Canara Bank Car Loan Interest Rate">Canara Bank Car Loan Interest Rate</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/hdfc-car-loan-interest-rates.html" title="HDFC Car Loan Interest Rate" target="_blank" aria-label="HDFC Car Loan Interest Rate">HDFC Car Loan Interest Rate</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/kotak-car-loan-interest-rates.html" title="Kotak Car Loan Interest Rate" target="_blank" aria-label="Kotak Car Loan Interest Rate">Kotak Car Loan Interest Rate</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/bank-of-india-car-loan-interest-rates.html" title="BOI Car loan Interest Rate" target="_blank" aria-label="BOI Car loan Interest Rate">BOI Car loan Interest Rate</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/indusind-car-loan-interest-rates.html" title="Indusin Bank Car loan Interest Rate" target="_blank" aria-label="Indusin Bank Car loan Interest Rate">Indusin Bank Car loan Interest Rate</a></li></ol></div></details></div></div><div class=" col-span-4"><div class="border bg-transparent hover:bg-transparent"><details name="accordion" class="px-2.5 py-2.5"><summary class="cursor-pointer block relative"><strong>Car Loan Eligibility by Bank <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ol class="list-disc list-outside ml-4 mr-4 "><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/sbi-car-loan-eligibility-calculator.html" title="SBI Car Loan Eligibility Calculator" target="_blank" aria-label="SBI Car Loan Eligibility Calculator">SBI Car Loan Eligibility Calculator</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/hdfc-car-loan-eligibility-calculator.html" title="HDFC Car Loan Eligibility Calculator" target="_blank" aria-label="HDFC Car Loan Eligibility Calculator">HDFC Car Loan Eligibility Calculator</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/canara-bank-car-loan-eligibility-calculator.html" title="Canara Bank Car Loan Eligibility Calculator" target="_blank" aria-label="Canara Bank Car Loan Eligibility Calculator">Canara Bank Car Loan Eligibility Calculator</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/bank-of-baroda-car-loan-eligibility-calculator.html" title="BOB Car Loan Eligibility Calculator" target="_blank" aria-label="BOB Car Loan Eligibility Calculator">BOB Car Loan Eligibility Calculator</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/punjab-national-bank-car-loan-eligibility-calculator.html" title="PNB Car Loan Eligibility Calculator" target="_blank" aria-label="PNB Car Loan Eligibility Calculator">PNB Car Loan Eligibility Calculator</a></li></ol></div></details></div></div><div class=" col-span-4"><div class="border bg-transparent hover:bg-transparent"><details name="accordion" class="px-2.5 py-2.5"><summary class="cursor-pointer block relative"><strong>Car Loan EMI Calculator from Top Banks <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ol class="list-disc list-outside ml-4 mr-4 "><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/sbi-car-loan-emi-calculator.html" title="SBI Car Loan EMI Calculator" target="_blank" aria-label="SBI Car Loan EMI Calculator">SBI Car Loan EMI Calculator</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/mahindra-finance-car-loan-calculator.html" title="Mahindra Finance Car Loan EMI Calculator" target="_blank" aria-label="Mahindra Finance Car Loan EMI Calculator">Mahindra Finance Car Loan EMI Calculator</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/hdfc-car-loan-calculator.html" title="HDFC Car Loan EMI Calculator" target="_blank" aria-label="HDFC Car Loan EMI Calculator">HDFC Car Loan EMI Calculator</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/iob-car-loan-calculator.html" title="IOB Car Loan EMI Calculator" target="_blank" aria-label="IOB Car Loan EMI Calculator">IOB Car Loan EMI Calculator</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/indian-bank-car-loan-emi-calculator.html" title="Indian Bank Car Loan EMI Calculator" target="_blank" aria-label="Indian Bank Car Loan EMI Calculator">Indian Bank Car Loan EMI Calculator</a></li></ol></div></details></div></div><div class=" col-span-4"><div class="border bg-transparent hover:bg-transparent"><details name="accordion" class="px-2.5 py-2.5"><summary class="cursor-pointer block relative"><strong>Car Loan Financing <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ol class="list-disc list-outside ml-4 mr-4 "><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/cholamandalam-finance.html" title="Cholamandalam Finance" target="_blank" aria-label="Cholamandalam Finance">Cholamandalam Finance</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/shriram-finance.html" title="Shriram Finance" target="_blank" aria-label="Shriram Finance">Shriram Finance</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/sundaram-car-finance.html" title="Sundaram - Car Finance" target="_blank" aria-label="Sundaram - Car Finance">Sundaram - Car Finance</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/maruti-finance.html" title="Maruti Finance" target="_blank" aria-label="Maruti Finance">Maruti Finance</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/honda-finance.html" title="Honda Finance" target="_blank" aria-label="Honda Finance">Honda Finance</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/audi-finance.html" title="Audi Finance" target="_blank" aria-label="Audi Finance">Audi Finance</a></li></ol></div></details></div></div><div class=" col-span-4"><div class="border bg-transparent hover:bg-transparent"><details name="accordion" class="px-2.5 py-2.5"><summary class="cursor-pointer block relative"><strong>Car Loan Articles <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ol class="list-disc list-outside ml-4 mr-4 "><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/car-prices-in-india.html" title="Car Prices in India" target="_blank" aria-label="Car Prices in India">Car Prices in India</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/how-to-transfer-a-car-loan-to-another-person.html" title="How To Transfer a Car Loan to Another Person" target="_blank" aria-label="How To Transfer a Car Loan to Another Person">How To Transfer a Car Loan to Another Person</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/how-gst-has-affected-car-prices-in-india.html" title="How GST Affected Car Prices in India" target="_blank" aria-label="How GST Affected Car Prices in India">How GST Affected Car Prices in India</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/car-lease-vs-car-loan.html" title="Car Lease Vs Car Loan" target="_blank" aria-label="Car Lease Vs Car Loan">Car Lease Vs Car Loan</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/car-loan-foreclosure-procedure.html" title="Car Loan Foreclosure Procedure" target="_blank" aria-label="Car Loan Foreclosure Procedure">Car Loan Foreclosure Procedure</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/vehicle-registration.html" title="Vehicle Registration" target="_blank" aria-label="Vehicle Registration">Vehicle Registration</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/car-loan-document-checklist.html" title="Car Loan Document Checklist" target="_blank" aria-label="Car Loan Document Checklist">Car Loan Document Checklist</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/bad-credit-car-loan.html" title="Bad Credit Car Loan" target="_blank" aria-label="Bad Credit Car Loan">Bad Credit Car Loan</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/car-loan-refinancing.html" title="Car Loan Refinancing" target="_blank" aria-label="Car Loan Refinancing">Car Loan Refinancing</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/zero-down-payment-car-loan.html" title="Zero Downpayment Car Loan" target="_blank" aria-label="Zero Downpayment Car Loan">Zero Downpayment Car Loan</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/commercial-vehicle-loan.html" title="Commercial Car Loan" target="_blank" aria-label="Commercial Car Loan">Commercial Car Loan</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/car-loan-for-nris.html" title="Car Loan for Nris" target="_blank" aria-label="Car Loan for Nris">Car Loan for Nris</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/car-loan-schemes-for-women.html" title="Car Loan Schemes for Women" target="_blank" aria-label="Car Loan Schemes for Women">Car Loan Schemes for Women</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/car-loan-preclosure.html" title="Car Loan Preclosure" target="_blank" aria-label="Car Loan Preclosure">Car Loan Preclosure</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/car-registration-transfer-from-one-city-to-another.html" title="Transfer Car Registration" target="_blank" aria-label="Transfer Car Registration">Transfer Car Registration</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/top-10-banks-for-car-loan-in-india.html" title="Top 10 Banks for Car Loan" target="_blank" aria-label="Top 10 Banks for Car Loan">Top 10 Banks for Car Loan</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan-schemes-for-government-employees.html" title="Car Loan Schemes for Government Employees" target="_blank" aria-label="Car Loan Schemes for Government Employees">Car Loan Schemes for Government Employees</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/top-13-fuel-efficient-sedan-cars-available-in-india.html" title="Fuel Efficient Sedan Cars" target="_blank" aria-label="Fuel Efficient Sedan Cars">Fuel Efficient Sedan Cars</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/top-10-automatic-cars-for-women.html" title="Automatic Cars for Women" target="_blank" aria-label="Automatic Cars for Women">Automatic Cars for Women</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/top-10-cheapest-cars-in-india.html" title="Chepest Cars in India" target="_blank" aria-label="Chepest Cars in India">Chepest Cars in India</a></li></ol></div></details></div></div><div class=" col-span-4"><div class="border bg-transparent hover:bg-transparent"><details name="accordion" class="px-2.5 py-2.5"><summary class="cursor-pointer block relative"><strong>Bank Based Application Status <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" 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Application Status</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/icici-bank-car-loan-application-status.html" title="ICICI Bank Car Loan Application Status" target="_blank" aria-label="ICICI Bank Car Loan Application Status">ICICI Bank Car Loan Application Status</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/indusind-bank-car-loan-application-status.html" title="IndusInd Bank Car Loan Application Status" target="_blank" aria-label="IndusInd Bank Car Loan Application Status">IndusInd Bank Car Loan Application Status</a></li></ol></div></details></div></div><div class=" col-span-4"><div class="border bg-transparent hover:bg-transparent"><details name="accordion" class="px-2.5 py-2.5"><summary class="cursor-pointer block relative"><strong>Car Lease <span class="accordion-arrow absolute right-2.5"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" stroke="currentColor" stroke-width="2" stroke-linecap="round" stroke-linejoin="round" class="lucide lucide-chevron-down"><path d="m6 9 6 6 6-6"></path></svg></span></strong></summary><div class="py-2.5"><ol class="list-disc list-outside ml-4 mr-4 "><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/car-lease.html" title="Car Lease" target="_blank" aria-label="Car Lease">Car Lease</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/revv-open-car-lease.html" title="Revv Open Car Lease" target="_blank" aria-label="Revv Open Car Lease">Revv Open Car Lease</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/car-lease-chennai.html" title="Car Lease in Chennai" target="_blank" aria-label="Car Lease in Chennai">Car Lease in Chennai</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/tata-car-lease.html" title="Tata Car Lease" target="_blank" aria-label="Tata Car Lease">Tata Car Lease</a></li><li class=""><a class="inline-flex hover:underline no-underline text-bbBlue" href="/car-loan/mahindra-car-lease.html" title="Mahindra Car Lease" target="_blank" aria-label="Mahindra Car Lease">Mahindra Car Lease</a></li></ol></div></details></div></div></div></div><script type="application/ld+json" data-testid="organization-json-ld">{"@context":"http://schema.org","@type":"Organization","name":"BankBazaar","url":"https://www.bankbazaar.com/","logo":"https://static.bankbazaar.com/images/bankbazaar-logo.png","sameAs":["https://www.facebook.com/bankbazaar/","https://twitter.com/bankbazaar","https://www.instagram.com/bankbazaar/","https://www.linkedin.com/company/417362/","https://www.youtube.com/@BankBazaar","https://in.linkedin.com/company/bank_bazaar"]}</script></div></div></div><div class="py-5"><div class="border bg-transparent hover:bg-transparent"><details 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href="/saving-schemes.html" title="Saving Schemes" aria-label="Saving Schemes">Saving Schemes</a></li><li class="text-sm inline-block w-auto pt-1 pb-1 m-1.5"><a class="inline-flex hover:underline no-underline text-white" href="/aspiration-index-2023.html" title="Aspiration Index 2023" aria-label="Aspiration Index 2023">Aspiration Index 2023</a></li></ul></div></div></div><div class="bg-gray text-gray-foreground px-2.5 py-1"><div class="container mx-auto px-4"><div class="items-start flex justify-center gap-4 p-2.5"><div class="items-start flex flex-col justify-center gap-4 p-2.5"><p class="text-sm text-white font-bold ">Credit Card:</p><ul class="list-none "><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/credit-card.html" title="Compare Credit Cards" aria-label="Compare Credit Cards">Compare Credit Cards</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/credit-card/finbooster-yes-bank-bankbazaar-co-branded-credit-card.html" title="YES BANK BankBazaar FinBooster Credit Card" aria-label="YES BANK BankBazaar FinBooster Credit Card">YES BANK BankBazaar FinBooster Credit Card</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/credit-card/rbl-bank-bankbazaar-savemax-credit-card.html" title="RBL Bank BankBazaar SaveMax Credit Card" aria-label="RBL Bank BankBazaar SaveMax Credit Card">RBL Bank BankBazaar SaveMax Credit Card</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/sbi-credit-card.html" title="SBI Credit Card" aria-label="SBI Credit Card">SBI Credit Card</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/credit-card/credit-cards-without-annual-fee-charges-in-india.html" title="Lifetime Free Credit Card" aria-label="Lifetime Free Credit Card">Lifetime Free Credit Card</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/credit-card/top-10-credit-cards-in-india.html" title="Top 10 Credit Cards" aria-label="Top 10 Credit Cards">Top 10 Credit Cards</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/credit-card/best-co-branded-credit-cards-in-india.html" title="Co-Branded Credit Cards" aria-label="Co-Branded Credit Cards">Co-Branded Credit Cards</a></li></ul></div><div class="items-start flex flex-col justify-center gap-4 p-2.5"><p class="text-sm text-white font-bold ">Credit Score:</p><ul class="list-none "><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/credit-score.html" title="Credit Score" aria-label="Credit Score">Credit Score</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/experian.html" title="Experian" aria-label="Experian">Experian</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/cibil/cibil-credit-score.html" title="CIBIL Score" aria-label="CIBIL Score">CIBIL Score</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/cibil/cibil-credit-report.html" title="CIBIL Report" aria-label="CIBIL Report">CIBIL Report</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/cibil/cibil-score-calculation.html" title="CIBIL Score Calculation" aria-label="CIBIL Score Calculation">CIBIL Score Calculation</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/cibil/how-to-improve-cibil-credit-score.html" title="How to Improve Credit Score" aria-label="How to Improve Credit Score">How to Improve Credit Score</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/cibil/credit-monitoring.html" title="How to Monitor Credit Score" aria-label="How to Monitor Credit Score">How to Monitor Credit Score</a></li></ul></div><div class="items-start flex flex-col justify-center gap-4 p-2.5"><p class="text-sm text-white font-bold ">Personal Loan:</p><ul class="list-none "><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/personal-loan.html" title="Compare Personal Loans" aria-label="Compare Personal Loans">Compare Personal Loans</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/sbi-personal-loan.html" title="SBI Personal Loan" aria-label="SBI Personal Loan">SBI Personal Loan</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/hdfc-personal-loan.html" title="HDFC Personal Loan" aria-label="HDFC Personal Loan">HDFC Personal Loan</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/axis-personal-loan.html" title="Axis Personal Loan" aria-label="Axis Personal Loan">Axis Personal Loan</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/personal-loan-eligibility.html" title="Personal Loan Eligibility" aria-label="Personal Loan Eligibility">Personal Loan Eligibility</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/personal-loan-interest-rate.html" title="Personal Loan Interest Rates" aria-label="Personal Loan Interest Rates">Personal Loan Interest Rates</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/personal-loan/instant-loans.html" title="Instant Loans" aria-label="Instant Loans">Instant Loans</a></li></ul></div><div class="items-start flex flex-col justify-center gap-4 p-2.5"><p class="text-sm text-white font-bold ">Home Loan:</p><ul class="list-none "><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/home-loan.html" title="Compare Home Loans" aria-label="Compare Home Loans">Compare Home Loans</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/sbi-home-loan.html" title="SBI Home Loan" aria-label="SBI Home Loan">SBI Home Loan</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/hdfc-home-loan.html" title="HDFC Home Loan" aria-label="HDFC Home Loan">HDFC Home Loan</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/axis-home-loan.html" title="Axis Home Loan" aria-label="Axis Home Loan">Axis Home Loan</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/home-loan-interest-rate.html" title="Home Loan Interest Rates" aria-label="Home Loan Interest Rates">Home Loan Interest Rates</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/home-loan-eligibility.html" title="Home Loan Eligibility" aria-label="Home Loan Eligibility">Home Loan Eligibility</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/home-loan/repo-rate.html" title="Current Repo Rate 2024" aria-label="Current Repo Rate 2024">Current Repo Rate 2024</a></li></ul></div><div class="items-start flex flex-col justify-center gap-4 p-2.5"><p class="text-sm text-white font-bold ">Fixed Deposit:</p><ul class="list-none "><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/fixed-deposit/sbi-fixed-deposit.html" title="SBI Fixed Deposit" aria-label="SBI Fixed Deposit">SBI Fixed Deposit</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/fixed-deposit/hdfc-fixed-deposit.html" title="HDFC Fixed Deposit" aria-label="HDFC Fixed Deposit">HDFC Fixed Deposit</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/fixed-deposit/axis-fixed-deposit.html" title="Axis Fixed Deposit" aria-label="Axis Fixed Deposit">Axis Fixed Deposit</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/fixed-deposit/post-office-fixed-deposit-rate.html" title="Post Office Fixed Deposit" aria-label="Post Office Fixed Deposit">Post Office Fixed Deposit</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" href="/fixed-deposit/senior-citizen-fixed-deposit.html" title="Senior Citizen Fixed Deposit" aria-label="Senior Citizen Fixed Deposit">Senior Citizen Fixed Deposit</a></li><li class="text-sm pt-1 pb-1"><a class="inline-flex hover:underline no-underline text-white" 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{"basename":"/","future":{"v3_fetcherPersist":true,"v3_relativeSplatPath":true,"v3_throwAbortReason":true,"unstable_singleFetch":false,"unstable_lazyRouteDiscovery":false,"unstable_optimizeDeps":false},"isSpaMode":false,"state":{"loaderData":{"root":{"namespace":"car-loan/emi-calculator","gtmId":"GTM-TRB8XL","wenEngageId":"~13410604b","appshell":true},"routes/default/route":{"productType":"CL","bankId":1001,"pageData":{"id":153839,"metaTitle":"Car Loan EMI Calculator - Calculate Car Loan EMI in Easy Steps","metaDescription":"Car loan EMI Calculator - Calculate your Car Loan or Auto Loan EMI instantly. Enter cost, tenure, \u0026 interest rate in the car loan calculator for instant EMI results.","metaKeyword":"car loan calculator, car loan emi calculator, car loan calculator india","h1Title":"Car Loan EMI Calculator","breadCrumb":{"currentPageText":"Car Loan EMI Calculator","otherLinks":[{"text":"Car Loan","link":"/car-loan.html"}]},"hideUserReviews":true,"hideOfferTable":true,"hideEligForm":true,"topContent":[{"data":{"text":"Calculate the car loan EMI by using BankBazaar’s Car Loan EMI Calculator. You will need to enter the \u003cstrong\u003eloan amount, tenure, and interest rate\u003c/strong\u003e, and click on \u003cstrong\u003e‘Calculate’\u003c/strong\u003e to check the EMIs."},"type":"paragraph"}],"hungryForMore":[{"type":"cta","data":{"link":"https://www.bankbazaar.com/credit-score.html?variant=slide\u0026WT.mc_id=CROSS_SELL_IL_CLBUTTON_153839\u0026utm_source=bb\u0026utm_medium=seo\u0026utm_campaign=CROSS_SELL_IL_CLBUTTON_153839","linkText":"Check FREE Credit Score"}},{"type":"calculator","data":{"type":"CL_EMI"}},{"type":"cta","data":{"link":"https://www.bankbazaar.com/credit-score.html?variant=slide\u0026WT.mc_id=CROSS_SELL_IL_CLBUTTON_153839\u0026utm_source=bb\u0026utm_medium=seo\u0026utm_campaign=CROSS_SELL_IL_CLBUTTON_153839","linkText":"Check FREE Credit Score"}},{"type":"header","data":{"text":"Car loan EMI Calculator - Calculate your Car Loan EMI Online","level":2}},{"type":"paragraph","data":{"text":"Nowadays, it is much easier to buy your dream car due to the various car loan schemes offered by different lenders. Car loans are offered at attractive interest rates and a repayment tenure of up to 8 years."}},{"type":"paragraph","data":{"text":"Various banks and third-party websites offer a Car Loan EMI Calculator that allows you to calculate the Equated Monthly Instalments (EMIs) that must be paid. The Car Loan EMI calculator offered by BankBazaar is simple to use and is free."}},{"type":"paragraph","data":{"text":"Basic details such as the repayment tenure, principal amount, and the rate of interest must be entered to calculate the Car Loan EMI."}},{"type":"paragraph","data":{"text":"You can make use of the Car Loan EMI calculator to estimate the amount you have to pay each month for your car loan. The \u003ca href=\"https://www.bankbazaar.com/finance-tools/emi-calculator.html\" target=\"_blank\"\u003eonline EMI Calculator\u003c/a\u003e offered by BankBazaar will calculate the monthly instalments as well as provide you with a detailed loan repayment table presenting you with details such as the principal amount and interest amount being paid and the outstanding balance after payment of the instalment."}},{"type":"header","data":{"text":"Process to use BankBazaar’s Car Loan EMI Calculator","level":2}},{"type":"paragraph","data":{"text":"The procedure that must be followed to use the Car Loan EMI calculator offered by BankBazaar is mentioned below:"}},{"type":"list","data":{"style":"unordered","items":[{"content":"The calculator can be found on the top of this page. The first step would be to select the loan amount.","items":[]},{"content":"Next, select the repayment tenure.","items":[]},{"content":"Enter the rate of interest","items":[]},{"content":"Enter the processing fee. The results will be displayed immediately.","items":[]}]}},{"type":"paragraph","data":{"text":"You can check the principal amount and the interest that is being paid every year. The calculator also provides the outstanding balance at the end of every year."}},{"type":"cta","data":{"link":"https://www.bankbazaar.com/credit-score.html?variant=slide\u0026WT.mc_id=CROSS_SELL_IL_CLBUTTON_153839\u0026utm_source=bb\u0026utm_medium=seo\u0026utm_campaign=CROSS_SELL_IL_CLBUTTON_153839","linkText":"Check FREE Credit Score"}},{"type":"accordion","data":{"items":[]}},{"type":"references","data":{"items":[]}},{"type":"header","data":{"text":"How is EMI Determined","level":2}},{"type":"paragraph","data":{"text":"The EMI for any type of loan is essentially calculated using a formula. The formula is as follows:"}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eE = P x R x (1+R)^n / {(1+R)^n – 1}\u003c/strong\u003e"}},{"type":"paragraph","data":{"text":"where ‘E’ stands for the EMI you owe,"}},{"type":"paragraph","data":{"text":"\u003cstrong\u003e‘P’\u003c/strong\u003e stands for the principal amount,"}},{"type":"paragraph","data":{"text":"\u003cstrong\u003e‘R’\u003c/strong\u003e stands for the interest rate applicable to your car loan,"}},{"type":"paragraph","data":{"text":"and \u003cstrong\u003e‘n’\u003c/strong\u003e stands for the tenure of the car loan (in months)."}},{"type":"header","data":{"text":"Fixed rate vs. Floating rate of interest","level":2}},{"type":"paragraph","data":{"text":"Car loans are offered at fixed as well as floating interest rates. The fixed rate will remain unchanged for the tenure of the loan, but the floating rate is subject to change from time to time."}},{"type":"paragraph","data":{"text":"The different factors that can affect interest rates include applicable taxes, liquidity, inflation, etc."}},{"type":"list","data":{"style":"unordered","items":[{"content":"\u003cstrong\u003eFixed Rate EMI Calculation\u003c/strong\u003e","items":[]}]}},{"type":"paragraph","data":{"text":"Under the fixed rate EMI calculation, the EMI you have to pay towards the car loan remains unchanged throughout the loan tenure. This is so because the company offered a fixed rate of interest for the whole period."}},{"type":"paragraph","data":{"text":"For example, for a car loan equal to Rs.5 lakh at 10% p.a. interest for a 3-year tenure, the interest payable will be Rs.16,134 per month. This will be the amount payable throughout the tenure of the loan."}},{"type":"list","data":{"style":"unordered","items":[{"content":"\u003cstrong\u003eFloating Rate EMI Calculation\u003c/strong\u003e","items":[]}]}},{"type":"paragraph","data":{"text":"Under the floating rate EMI calculation method, the EMI payable differs based on the interest rate applicable at the time. The floating rate of interest changes based on the market lending rate."}},{"type":"paragraph","data":{"text":"Let’s say you have taken a car loan equal to Rs.5 lakh for a 3-year tenure. The interest rate for about a year is 10% so the EMI payable, as in the example above is Rs.16,134. After completion of 1 year, you have an outstanding balance of Rs.3,36,409. "}},{"type":"paragraph","data":{"text":"The\u003ca href=\"https://www.bankbazaar.com/car-loan-interest-rate.html\" target=\"_blank\"\u003e\u0026nbsp;car loan interest rate\u003c/a\u003e\u0026nbsp;at that time is then changed to 8%. So, for the rest of the tenure, the EMI payable will be Rs.15,215."}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eNote:\u003c/strong\u003e\u0026nbsp; This loan's interest rate is variable, meaning it can fluctuate up or down based on the market."}},{"type":"cta","data":{"link":"https://www.bankbazaar.com/credit-score.html?variant=slide\u0026WT.mc_id=CROSS_SELL_IL_CLBUTTON_153839\u0026utm_source=bb\u0026utm_medium=seo\u0026utm_campaign=CROSS_SELL_IL_CLBUTTON_153839","linkText":"Check FREE Credit Score"}},{"type":"header","data":{"text":"Car Loan Fees and Charges for Top Banks","level":2}},{"type":"paragraph","data":{"text":"Given below is a comparison of a few fees and charges levied by three selective banks:"}},{"type":"table","data":{"rows":[{"cols":[{"content":[{"type":"paragraph","data":{"text":"\u003cstrong\u003eName of the bank\u003c/strong\u003e"}}],"colspan":1,"rowspan":1,"highlight":true},{"content":[{"type":"paragraph","data":{"text":"\u003cstrong\u003eInterest Rate (p.a.)\u003c/strong\u003e"}}],"colspan":1,"rowspan":1,"highlight":true},{"content":[{"type":"paragraph","data":{"text":"\u003cstrong\u003eLoan Amount\u003c/strong\u003e"}}],"colspan":1,"rowspan":1,"highlight":true},{"content":[{"type":"paragraph","data":{"text":"\u003cstrong\u003eProcessing Fee\u003c/strong\u003e"}}],"colspan":1,"rowspan":1,"highlight":true}]},{"cols":[{"content":[{"data":{"text":"\u003ca href=\"https://www.bankbazaar.com/union-bank-car-loan.html\" target=\"_blank\"\u003eUnion Bank of India\u003c/a\u003e"},"type":"paragraph"}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"8.70% p.a. onwards"}}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"Up to Rs.125 lakh"}}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"0.25% to 0.50% of the loan amount"}}],"colspan":1,"rowspan":1,"highlight":false}]},{"cols":[{"content":[{"data":{"text":"\u003ca href=\"https://www.bankbazaar.com/axis-car-loan.html\" target=\"_blank\"\u003eAxis Bank\u003c/a\u003e"},"type":"paragraph"}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"9.30% p.a. onwards"}}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"Rs.1 lakh onwards"}}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"Rs.3,500 to Rs.5,500"}}],"colspan":1,"rowspan":1,"highlight":false}]},{"cols":[{"content":[{"data":{"text":"\u003ca href=\"https://www.bankbazaar.com/sbi-car-loan.html\" target=\"_blank\"\u003eState Bank of India\u003c/a\u003e"},"type":"paragraph"}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"data":{"text":"8.85% p.a. onwards"},"type":"paragraph"}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"Up to 48 times of monthly income"}}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"Nil"}}],"colspan":1,"rowspan":1,"highlight":false}]},{"cols":[{"content":[{"data":{"text":"\u003ca href=\"https://www.bankbazaar.com/canara-bank-car-loan.html\" target=\"_blank\"\u003eCanara Bank Car Loan\u003c/a\u003e"},"type":"paragraph"}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"data":{"text":"9.85% p.a. onwards"},"type":"paragraph"}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"Up to 90% of the car's value"}}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"0.25% of loan amount Min: Rs.1,000 Max: Rs.5,000"}}],"colspan":1,"rowspan":1,"highlight":false}]},{"cols":[{"content":[{"data":{"text":"\u003ca href=\"https://www.bankbazaar.com/federal-bank-car-loan.html\" target=\"_blank\"\u003eFederal Bank Car Loan\u003c/a\u003e"},"type":"paragraph"}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"8.85% p.a. onwards"}}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"Up to 100% of the car's ex-showroom price"}}],"colspan":1,"rowspan":1,"highlight":false},{"content":[{"type":"paragraph","data":{"text":"Rs.1,500 to Rs.2,500"}}],"colspan":1,"rowspan":1,"highlight":false}]},{"cols":[{"highlight":false,"rowspan":1,"colspan":1,"content":[{"data":{"text":"\u003ca href=\"https://www.bankbazaar.com/icici-car-loan.html\" target=\"_blank\"\u003eICICI Bank Car Loan\u003c/a\u003e"},"type":"paragraph"}]},{"highlight":false,"rowspan":1,"colspan":1,"content":[{"data":{"text":"9.10% p.a. onwards"},"type":"paragraph"}]},{"highlight":false,"rowspan":1,"colspan":1,"content":[{"data":{"text":"Up to 100% of the car's on-road price"},"type":"paragraph"}]},{"highlight":false,"rowspan":1,"colspan":1,"content":[{"data":{"text":"Up to 2% of the loan amount plus GST"},"type":"paragraph"}]}]},{"cols":[{"highlight":false,"rowspan":1,"colspan":1,"content":[{"data":{"text":"\u003ca href=\"https://www.bankbazaar.com/hdfc-car-loan.html\" target=\"_blank\"\u003eHDFC Bank Car Loan\u003c/a\u003e"},"type":"paragraph"}]},{"highlight":false,"rowspan":1,"colspan":1,"content":[{"data":{"text":"9.40% p.a. onwards"},"type":"paragraph"}]},{"highlight":false,"rowspan":1,"colspan":1,"content":[{"data":{"text":"Up to 100% of the car's on-road price"},"type":"paragraph"}]},{"highlight":false,"rowspan":1,"colspan":1,"content":[{"data":{"text":"0.5% of loan amount Min: Rs.3,500 Max: Rs.8,000"},"type":"paragraph"}]}]},{"cols":[{"highlight":false,"rowspan":1,"colspan":1,"content":[{"data":{"text":"\u003ca href=\"https://www.bankbazaar.com/punjab-national-bank-car-loan.html\" target=\"_blank\"\u003ePunjab National Bank Car Loan\u003c/a\u003e"},"type":"paragraph"}]},{"highlight":false,"rowspan":1,"colspan":1,"content":[{"data":{"text":"8.75% p.a. onwards"},"type":"paragraph"}]},{"highlight":false,"rowspan":1,"colspan":1,"content":[{"data":{"text":"Up to 25 times of monthly income"},"type":"paragraph"}]},{"highlight":false,"rowspan":1,"colspan":1,"content":[{"data":{"text":"0.25% of loan amount Min: Rs.1,000 Max: Rs.1,500"},"type":"paragraph"}]}]}]}},{"type":"paragraph","data":{"text":"\u003cstrong\u003eNote: GST rates will be applicable over and above the rates charges mentioned above.\u003c/strong\u003e"}},{"type":"header","data":{"text":"Advantages of Using the Car Loan EMI Calculator","level":2}},{"type":"list","data":{"style":"unordered","items":[{"content":"\u003cstrong\u003eBreak-Up of the Due Amount is Provided:\u003c/strong\u003e\u0026nbsp;The car loan EMI calculator helps you calculate the processing fees, interest that is paid, the total amount that must be paid, and the principal amount.","items":[]},{"content":"\u003cstrong\u003eYour Budget can be Planned:\u003c/strong\u003e\u0026nbsp;Once you know the EMI that must be paid, you can plan your budget accordingly. In case the loan amount that is being availed is large, you may think of opting for a longer tenure. These details can be determined by using the car loan EMI calculator.","items":[]},{"content":"\u003cstrong\u003eAccuracy:\u003c/strong\u003e\u0026nbsp;For the details that are being provided on the calculator, the results that are displayed are accurate. Manual calculations may not provide accurate results.","items":[]},{"content":"\u003cstrong\u003eSaves Time:\u003c/strong\u003e\u0026nbsp;The main aim of the Car Loan EMI calculator is to save time. Once the relevant details are entered, the results are displayed almost immediately.","items":[]},{"content":"\u003cstrong\u003eNo Limit:\u003c/strong\u003e\u0026nbsp;There is no limit to the number of times the calculator can be used. Therefore, you use the calculator with different variants. This can help you choose the best lender and the down payment that must be paid.","items":[]},{"content":"\u003cstrong\u003eCompare:\u003c/strong\u003e\u0026nbsp;As there is no limit to the number of times that the calculator can be used, you can compare the EMIs for different values.","items":[]}]}},{"type":"featured-offers","data":{"offers":[]}},{"type":"references","data":{"items":[{"title":"Car Loan EMI Calculator Offered by Major Banks in India","items":[{"link":"/car-loan/axis-bank-car-loan-emi-calculator.html","text":"Axis Bank Car Loan EMI Calculator"},{"link":"/car-loan/hdfc-car-loan-calculator.html","text":"HDFC Car Loan EMI Calculator\r\n"},{"link":"/car-loan/sbi-car-loan-emi-calculator.html","text":"SBI Car Loan EMI Calculator "},{"link":"/car-loan/icici-car-loan-calculator.html","text":"ICICI Car Loan EMI Calculator"},{"link":"/car-loan/kotak-mahindra-bank-car-loan-calculator.html","text":"Kotak Mahindra Bank Car Loan EMI Calculator\r\n"},{"link":"/car-loan/canara-bank-car-loan-calculator.html","text":"Canara Bank Car Loan EMI Calculator\r\n"},{"link":"/car-loan/central-bank-of-india-car-loan-calculator.html","text":"Central Bank of India Car Loan EMI Calculator"},{"link":"/car-loan/punjab-national-bank-car-loan-calculator.html","text":"Punjab National Bank Car Loan EMI Calculator\r\n"},{"link":"/car-loan/union-bank-car-loan-calculator.html","text":"Union Bank Car Loan EMI Calculator"},{"link":"/car-loan/iob-car-loan-calculator.html","text":"Indian Overseas Bank Car Loan EMI Calculator\r\n"},{"link":"/car-loan/federal-bank-car-loan-calculator.html","text":"Federal Bank Car Loan EMI Calculator"},{"link":"/car-loan/south-indian-bank-car-loan-emi-calculator.html","text":"South Indian Bank Car Loan EMI Calculator\r\n"},{"link":"/car-loan/bank-of-baroda-car-loan-calculator.html","text":"Bank of Baroda Car Loan EMI Calculator"},{"link":"/car-loan/indusind-car-loan-calculator.html","text":"IndusInd Car Loan EMI Calculator"}]}]}}],"faqs":{"title":"FAQs on Car Loan EMI Calculator","items":[{"question":"What is Equated Monthly Installment?","answer":[{"data":{"text":"Secured loans like home loans and car loans, and unsecured loans like personal loans are repaid through Equated Monthly Installments (EMI).\u0026nbsp;"},"type":"paragraph"}]},{"answer":[{"data":{"text":"The results are instant and accurate whereas manual EMI calculations are prone to human error and are time consuming. You can also input varying combinations of the loan amount, loan tenure, and interest rates to get revised results."},"type":"paragraph"}],"question":"What are the benefits of using an online Car Loan EMI Calculator?"},{"answer":[{"data":{"text":"No charges are levied to use a car loan EMI calculator."},"type":"paragraph"}],"question":"Are there any charges levied to use a car loan EMI calculator?"},{"question":"What is a Car Loan Repayment table?","answer":[{"type":"paragraph","data":{"text":"A Car Loan Repayment table represents the periodic loan repayment schedule of your car loan. It consists of the breakdown of your car loan repayment details such as the principal loan amount, EMI, interest payment, and the outstanding due after each EMI payment."}}]},{"question":"What details must be entered to get the results in case a car loan EMI calculator is used?","answer":[{"data":{"text":"The interest rate, processing fee, loan amount, and tenure must be entered to get the results in case a car loan EMI calculator is used."},"type":"paragraph"}]}]},"news":{"items":[]},"interLinks":{"asLeftNav":false,"items":[{"title":"Car Loan Essentials","items":[{"title":"Car Loan","link":"/car-loan.html","text":"Car Loan"},{"title":"Car Loan EMI Calculator","link":"/car-loan/emi-calculator.html","text":"Car Loan EMI Calculator"},{"title":"Car Loan Eligibility Calculator","link":"/car-loan-eligibility.html","text":"Car Loan Eligibility Calculator"},{"title":"Car Loan Interest Rates","link":"/car-loan-interest-rate.html","text":"Car Loan Interest Rates"}]},{"title":"Car Loan Customer Care by Bank","items":[{"text":"Axis Bank Car Loan Customer Care","link":"/car-loan/axis-bank-car-loan-customer-care.html"},{"text":"BOB Car Loan Customer Care","link":"/car-loan/bank-of-baroda-car-loan-customer-care.html"},{"text":"HDFC Car Loan Customer Care","link":"/car-loan/hdfc-car-loan-customer-care.html"},{"text":"SBI Car Loan Customer Care","link":"/car-loan/sbi-car-loan-customer-care.html"},{"text":"Yes Bank Car Loan Customer Care","link":"/car-loan/yes-bank-car-loan-customer-care.html"}]},{"title":"Car Loans from Top Banks","items":[{"text":"SBI Car Loan","link":"/sbi-car-loan.html"},{"text":"HDFC Car Loan","link":"/hdfc-car-loan.html"},{"text":"Canara Bank Car Loan","link":"/canara-bank-car-loan.html"},{"text":"Axis Bank Car Loan","link":"/axis-car-loan.html"},{"text":"Union Bank Car loan","link":"/union-bank-car-loan.html"},{"text":"Punjab National Bank Car loan","link":"/punjab-national-bank-car-loan.html"},{"text":"Bank of Baroda Car loan","link":"/bank-of-baroda-car-loan.html"}]},{"title":"Car Loan Interest Rate from Top Banks","items":[{"text":"SBI Car Loan Interest Rate","link":"/sbi-car-loan-interest-rates.html"},{"text":"BOB Car loan Interest Rate","link":"/bank-of-baroda-car-loan-interest-rates.html"},{"text":"Canara Bank Car Loan Interest Rate","link":"/canara-bank-car-loan-interest-rates.html"},{"text":"HDFC Car Loan Interest Rate","link":"/hdfc-car-loan-interest-rates.html"},{"text":"Kotak Car Loan Interest Rate","link":"/kotak-car-loan-interest-rates.html"},{"text":"BOI Car loan Interest Rate","link":"/bank-of-india-car-loan-interest-rates.html"},{"text":"Indusin Bank Car loan Interest Rate","link":"/indusind-car-loan-interest-rates.html"}]},{"title":"Car Loan Eligibility by Bank","items":[{"text":"SBI Car Loan Eligibility Calculator","link":"/sbi-car-loan-eligibility-calculator.html"},{"text":"HDFC Car Loan Eligibility Calculator","link":"/hdfc-car-loan-eligibility-calculator.html"},{"text":"Canara Bank Car Loan Eligibility Calculator","link":"/canara-bank-car-loan-eligibility-calculator.html"},{"text":"BOB Car Loan Eligibility Calculator","link":"/bank-of-baroda-car-loan-eligibility-calculator.html"},{"text":"PNB Car Loan Eligibility Calculator","link":"/punjab-national-bank-car-loan-eligibility-calculator.html"}]},{"title":"Car Loan EMI Calculator from Top Banks","items":[{"text":"SBI Car Loan EMI Calculator","link":"/car-loan/sbi-car-loan-emi-calculator.html"},{"text":"Mahindra Finance Car Loan EMI Calculator","link":"/car-loan/mahindra-finance-car-loan-calculator.html"},{"text":"HDFC Car Loan EMI Calculator","link":"/car-loan/hdfc-car-loan-calculator.html"},{"text":"IOB Car Loan EMI Calculator","link":"/car-loan/iob-car-loan-calculator.html"},{"text":"Indian Bank Car Loan EMI Calculator","link":"/car-loan/indian-bank-car-loan-emi-calculator.html"}]},{"title":"Car Loan Financing","items":[{"text":"Cholamandalam Finance","link":"/car-loan/cholamandalam-finance.html"},{"text":"Shriram Finance","link":"/car-loan/shriram-finance.html"},{"text":"Sundaram - 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