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

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 Name | Interest Rates |
Axis Bank | 8.50% - 11.25% |
Bank Of Baroda | 7.35% - 9.10% |
Bank of Maharashtra | 7.70% - 8.45% |
Canara Bank | 7.30% - 9.90% |
Central Bank of India | 7.25% - 7.50% |
Corporation Bank | 7.40% - 7.50% |
HDFC Bank | 8.80% – 10.00% |
ICICI Bank | 8.82% - 12.75% |
IDBI Bank | 8.40% - 9.00% |
Indian Bank | 8.20% - 8.55% |
Union Bank Of India | 7.40% - 7.50% |
Punjab National Bank | 9.40% - 9.90% |
State Bank of India | 7.95% - 8.70% |
UCO Bank | 7.70% - 9.30% |
Bank of India | 7.35% - 7.95% |