Car Loan EMI Calculator
Work out your monthly car loan payment in seconds. Adjust the down payment and tenure sliders to see how your EMI and total interest change.
Your loan
Monthly EMI
R$ 1.780
For 60 months at 12% per year
Estimate only — banks add processing fees, insurance, and may use a different effective rate. Always compare two or three quotes before signing.
How to use this calculator
Tips to keep your monthly payment manageable.
Aim for 20% down
A higher down payment reduces the principal, your monthly EMI, and total interest. Banks also offer better rates when down payment exceeds 20%.
Keep tenure under 5 years
Longer tenures lower your EMI but multiply total interest. A 7-year loan can cost 60% more than a 5-year loan on the same car.
Compare 3 quotes minimum
Rates vary 1–3% across banks for the same profile. Always compare offers from at least 3 banks or get a soft quote from your existing bank.
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