With the myriad options available in the auto loan market, buying a car is not an impossible dream these days. Banks are offering auto loans, sometimes over 90% of the ex-showroom price of the vehicle, allowing people to own a car by paying small amount as down payment. Interest on car loans vary from bank to bank and choosing the best financer and the right EMI for car loan will save you time and money.
Here is a simple car loan EMI calculator to calculate your monthly repayment on car loan. To make it simple, we've included the option to enter the ex-showroom price of your desired vehicle or choose the model and varient from the drop down box below. Enter the down payment amount, interest rate and loan period to calculate your car loan EMI.