Car Loan Calculator

A car loan calculator helps you estimate your monthly payments and total interest for financing a car. By entering the loan amount, interest rate, and loan term, you can quickly understand the cost of your car loan.

Car Loan Calculator


Car Loan Calculator
Car Loan Calculator

How does a car loan calculator work?

  • Enter Loan Amount: Input the total amount you want to borrow for the car.
  • Enter Interest Rate: Provide the annual interest rate offered by the lender.
  • Enter Loan Term: Specify the duration of the loan in years.
  • Enter Down Payment: Add the amount you're paying upfront, if applicable.
  • Click Calculate: The calculator computes your monthly EMI, total interest, and total repayment amount.

Interest Rates for car loans in All Banks

Bank NameInterest Rates
Axis Bank8.50% - 11.25%
Bank Of Baroda7.35% - 9.10%
Bank of Maharashtra7.70% - 8.45%
Canara Bank7.30% - 9.90%
Central Bank of India7.25% - 7.50%
Corporation Bank7.40% - 7.50%
HDFC Bank8.80% – 10.00%
ICICI Bank8.82% - 12.75%
IDBI Bank8.40% - 9.00%
Indian Bank8.20% - 8.55%
Union Bank Of India7.40% - 7.50%
Punjab National Bank9.40% - 9.90%
State Bank of India7.95% - 8.70%
UCO Bank7.70% - 9.30%
Bank of India7.35% - 7.95%

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