Vehicle EMI Calculator

Planning to buy a bike/car by taking a loan? Use this calculator to know the EMI considering the downpayment and other expenses.

To learn about Vehicle Loans, click here

EMI is the equated monthly installments which you will pay every month to the bank

What is the cost of the bike/car you want to buy?
₹
How much downpayment would you like to pay?
₹

Amount you will pay upfront from your savings
The loan amount you would need?
₹
What is the tenure of the loan?
No. of Years

No. of years for paying back
What is the tenure of the loan?
No. of Months
What is the Interest rate for the loan?

8

8.5

9

9.5

10

10.5

11

11.5

12

12.5

13

13.5

14

14.5

15

15.5

16

16.5

17

17.5

18

18.5

19

19.5

20

20.5

21

21.5

22

22.5

23

23.5

24

24.5

25

25.5

26

26.5

27

27.5

28

28.5

29

29.5

30

30.5

31

31.5

32

32.5

33

33.5

34

34.5

35

35.5

36

36.5

37

37.5

38

38.5

39

39.5
What is the Processing Fees for getting the loan?

0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

0.8

0.9

1

1.1

1.2

1.3

1.4

1.5

1.6

1.7

1.8

1.9

2

2.1

2.2

2.3

2.4

2.5

2.6

2.7

2.8

2.9

3

3.1

3.2

3.3

3.4

3.5

3.6

3.7

3.8

3.9

4

4.1

4.2

4.3

4.4

4.5

4.6

4.7

4.8

4.9

5

5.1

5.2

5.3

5.4

5.5

5.6

5.7

5.8

5.9

6

Fees charged by the bank for giving the loan

You will pay a monthly EMI of ₹ for the next months.

You will pay a total interest of ₹ and a processing fee of ₹ to clear your loan amount of ₹ .

Ensure that the EMI you are paying is not more than 10% of your monthly income and pay your EMI's on time to avoid late fees.

To learn about the other loan options, read the guides on loans.