This is the Car Loan EMI calculator tool, You can use this Car loan EMI Calculator to calculate the Car loan equated monthly installment amount (EMI), Total Interest Amount, and total payable amount.

(Monthly Payment)

₹ ₹

(Principal + Interest)

₹ Tenure | EMI Details |
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1 year | |

2 years | |

3 years | |

4 years | |

5 years | |

6 years | |

7 years |

1 Lakh Car Loan EMI Details2 Lakh Car Loan EMI Details3 Lakh Car Loan EMI Details4 Lakh Car Loan EMI Details5 Lakh Car Loan EMI Details6 Lakh Car Loan EMI Details7 Lakh Car Loan EMI Details8 Lakh Car Loan EMI Details9 Lakh Car Loan EMI Details10 Lakh Car Loan EMI Details11 Lakh Car Loan EMI Details12 Lakh Car Loan EMI Details13 Lakh Car Loan EMI Details14 Lakh Car Loan EMI Details15 Lakh Car Loan EMI Details16 Lakh Car Loan EMI Details17 Lakh Car Loan EMI Details18 Lakh Car Loan EMI Details19 Lakh Car Loan EMI Details20 Lakh Car Loan EMI Details

The full form of EMI is Equated Monthly Installment. This means you have to repay the loan amount in a monthly installment. The installment amount consists of interest amounts and Loan amounts.

If you want the Car loan then using this Car loan calculator you can calculate the Car loan monthly Payable amount, total payable interest amount, and total payable amount (Which means total interest amount + Car Loan amount).

Also using this Car loan calculator you can 1 to 7 years Car loan tenure EMI details. So that you can correctly choose tenure according to EMI amount.

The formula of EMI is : E= P.r.(1+r)^n/((1+r)^n-1) [Where E = EMI, P=Loan Amount (Here Car loan amount), r= rate of interest amount (r is calculated on monthly basis. r= rate of annual interest/12/100., Example: annually 9% interest rate., So r= 9/12/100, r=0.0075%), n = Loan tenure in month's.]

Example of EMI calculation: For example, you want 5 lakh of a Car loan at a 9% interest rate for 6 years. Then P=500000. r=9/12/100=0.0075%. n=6×12=72 months. Then calculation will be: E=500000×0.0075×(1+0.0075)^72/((1+0.0075)^72-1) E=9012.77