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Loan EMI Calculator

Looking for Car Loan?
EMI calculation made easy for Car Loan. Just enter the Loan Amount and Interest Rate to Calculate the EMI.

Calculate your EMI

Down Payment
Rs. 1,35,164
Bank Interest Rate
8%
Loan Period(Months)
12 Months
Monthly EMI: Rs. 1,05,819

Breakup of Total Payment

9.6%86.6%
EmiAmount
Principal1,216,473
Interest Payable53,355
Downpayment135,164
  • Principal: Rs. 12,16,473
  • Interest Payable: Rs. 53,355
  • Total Amount Payable: Rs. 12,69,828
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Documentation

  • 4 Photographs
  • Income Proof (ITR last 2 Years, Form No. 16 for last 2 years, Salary Slip for last 3 months)
  • Id Proof (PAN Card, Passport, etc.)
  • Residence Proof (Electricity Bill, Aadhar Card)
  • Bank Statement (6 months)
  • Rent Agreement
  • Repayment record for previous loans
  • 4 Photographs
  • Income Proof (ITR last 2 Years, P&L A/C)
  • Id Proof (PAN Card, Aadhar Card, etc.)
  • Residence Proof (Electricity Bill, Aadhar Card)
  • Bank Statement (6 months)
  • Shop Act License
  • MOA & AOA
  • Rent Agreement
  • Repayment record for previous loans
  • Identity & Address proof
  • 2 Photos
  • Memorandum Of Article
  • Memorandum of Association
  • Last 6 months bank statement
  • Individual ITR for last 2 years
  • 6 Post-dated cheques/ECS
  • Audited Balance Sheet last 2 years
  • Board Resolution
  • Partnership Deed

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  • Mahindra Cars