Car Loan Calculator

You can calculate EMI with all Private banks and Nationalized Banks in India

If you considering to apply loan or check affordability with any of Banks - ICICI Bank, HDFC, Axis or even Nationalized Banks like State Bank of India, Punjab National Bank - this Calculator can provide you exact Outflow in terms of Monthly Installment payable from your account.


Note - Below EMI Calculator is built on forumla of Zero Advance EMI.

You can have :-

> Interest Payable across Loan Tenure

> EMI Payable across Loan Tenure without any Advance EMI

> Monthly Reducing Interest is considered while designing this EMI Calculator (as used by all Private Banks in India)


Car Loan EMI Calculator

Calculate EMI (without any Advanced EMI)

Estimated Loan
Loan Tenure
Rate of Interest



Effect of Extra Payments

Calculated EMI
Amount Payable
Estimated Interest Outflow

Loan Amount - In Numbers (Correct way is 400000  ...... Incorrect way is 4.1 Lakh, 2 lac)

Loan Tenure - In Months (36, 48, 60, 72 or 84)

Interest Rates - In Numbers (correct way is 11 or 12 ..... Incorrect way is 11% or 12%)


Note - If you considering to check your Loan Eligibility Online, use this:  Loan Eligibility Calculator

(Advanced Calculator to help you determine Loan Eligibility with Banks like ICICI Bank, HDFC Bank, Axis Bank)


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