If you are going to buy a new car then car loan EMI calculator surely helpful to you.car loan calculator show you exactly how much your EMI will be

1. Car Loan EMI Calculator

2. Benefits of using EMI calculator
 Lets you compare multiple car loan policies at
same time.
 Helps in understanding your loan better.
 Car loan EMI calculator can be used anytime
anywhere.
 Car loan EMI calculator is available for free of
cost.

3. How to use EMI calculator?
EMI calculator is easy to use, intuitive to
understand and is quick to perform. Enter the
following information in the car loan EMI calculator:
 Principal loan amount you wish to avail (rupees)
 Loan term (months or years)
 Rate of interest (percentage)
 EMI in advance OR EMI in arrears (for car loan
only)

4. Use the slider
to adjust the
values in the
EMI calculator
form.

5. Consider we need to take car loan of Rs. 8,00,000/- with
12.5% interest and 6 years of tenure
Yearly principal and
interest to be paid

6.  So a per our requirement here are the
comparison of various car loan provider
companies we can choose from.
Bank Name Interest Rate Estimated EMI
HDFC Bank 10.25% - 12.50% Rs.14922 - Rs.15849
State Bank of India (SBI) 10.75% Rs.15125
Kotak Mahindra 11.50% - 13.50% Rs.15433 - Rs.16271
Axis Bank 11.50% - 14.50% Rs.15433 - Rs.16700

7. How to compare?
 Check your reimbursement power (EMI).
 Check various other companies and their interest
rates.
 Keep the tenure same when comparing.
 Keep an eye on Processing Fee, Administrative
Charges & Pre-Payment Charges.
 Claim disbursal time.

8. How to compare?
 Check your reimbursement power (EMI).
 Check various other companies and their interest
rates.
 Keep the tenure same when comparing.
 Keep an eye on Processing Fee, Administrative
Charges & Pre-Payment Charges.
 Claim disbursal time.

9. Thank You
References:
1. www. axisbank.com
2. www.emicalculator.net
3. www.bankbazaar.com
4. www.deal4loans.com