Car loan EMI calculation was never this easy. Just enter the amount of loan you
want to get financed interest rate. EMI Calculator calculates installment on reducing
balance. EMI Calculator does not include any other processing fee or possible charges
which may be applicable as per the rules of financing institutions.
The calculation performed by EMI Calculator is based on the information you
entered and is for illustrative purposes only. This calculation reflects amounts
in Indian Rupee rounded to the nearest whole figure. Estimated monthly payments
DO NOT include any processing or other possible fees which may depend on the financial
institution / banks.
All loan figures are based upon non-commercial usage and are subject to credit approval
from an independent lending source.Actual down payment and resulting monthly payments
may varydepending upon type and use of vehicle, regional lender requirements, and
the strength of your credit. Check with your dealer for exact monthly payment.
Following Schedule Is For : 10000 to repay in 12 months. All calculations are based
on EMI in Arrears(i.e. Rear Ended EMI's).
Note: Interest calculated at 1/12th of annual interest rate on the remaining principal
amount. (Rounding errors possible) the remaining principal amount. (Rounding errors