Auto Loan EMI Calculator
Buying a car or bike? Work out your monthly EMI, total interest and total payable across the loan.
₹8,00,000
₹50,000₹1,00,00,000
₹0
₹0₹8,00,000
9.5% p.a.
6.0% p.a.24.0% p.a.
60 months
3 months84 months
Your monthly EMI
₹16,801
Loan amount
₹8,00,000
Total interest
₹2,08,089
Total payable
₹10,08,089
Tenure
60 months
This is an indicative calculation. Your actual EMI depends on processing fees and the lender's rate after credit assessment.
FAQs
What tenure should I choose for an auto loan?
A longer tenure lowers the EMI but increases total interest. Pick the shortest tenure whose EMI fits comfortably within your budget.
Does a bigger down payment reduce my EMI?
Yes. A larger down payment lowers the financed amount, which reduces both your EMI and the total interest you pay.