Car Loan EMI Calculator
Planning a new or used car? Set the loan amount, rate and tenure to see your exact monthly EMI and how much interest the loan really costs.
Adjust & watch it update
Vehicle
₹
Loan Terms
%
Tenure Unit
yrs
Fee Type
%
Monthly EMI
—
Fixed monthly payment
Total Interest—
Total Payable—
EAR—
Frequently asked questions
What tenure is typical for car loans in India?
Most banks offer 1–7 years for new cars and up to 5 years for used cars. Shorter tenures cost less in total interest.
Should I include the down payment here?
No — enter only the financed amount (on-road price minus your down payment). A larger down payment means a smaller loan and lower EMI.