Car-loan EMI for every amount
Your monthly EMI from ₹3 lakh to ₹20 lakh over 3, 5 and 7 years — and the interest you pay over 5 years.
Use your own loan| Loan | 3 years | 5 years | 7 years | Interest (5 yrs) |
|---|---|---|---|---|
| ₹3 lakh | ₹9,610 | ₹6,301 | ₹4,903 | ₹78K |
| ₹4 lakh | ₹12,813 | ₹8,401 | ₹6,538 | ₹1.04 L |
| ₹5 lakh | ₹16,016 | ₹10,501 | ₹8,172 | ₹1.3 L |
| ₹6 lakh | ₹19,220 | ₹12,601 | ₹9,806 | ₹1.56 L |
| ₹7 lakh | ₹22,423 | ₹14,701 | ₹11,441 | ₹1.82 L |
| ₹8 lakh | ₹25,626 | ₹16,801 | ₹13,075 | ₹2.08 L |
| ₹10 lakh | ₹32,033 | ₹21,002 | ₹16,344 | ₹2.6 L |
| ₹12 lakh | ₹38,440 | ₹25,202 | ₹19,613 | ₹3.12 L |
| ₹15 lakh | ₹48,049 | ₹31,503 | ₹24,516 | ₹3.9 L |
| ₹20 lakh | ₹64,066 | ₹42,004 | ₹32,688 | ₹5.2 L |
All at 9.5% a year, monthly reducing balance. Tap any row for the full breakdown.
Questions people ask
What is the EMI per lakh of car loan?
At 9.5%, each ₹1 lakh costs about ₹2,100 a month over 5 years, ₹3,203 over 3 years and ₹1,634 over 7 years.
Is a 7-year car loan a good idea?
The EMI looks easy, but you pay much more interest and may owe more than the car is worth for years. A popular rule of thumb: 20% down, no more than 4–5 years, and all car costs under 10–15% of take-home pay.
Should I pay cash instead?
If paying cash wouldn’t touch your emergency fund, it usually wins — a car loan at 9–10% costs more than most safe investments earn. The car loan vs cash calculator compares both.
What rate are these at?
All at 9.5% a year, around the middle of what banks charge for new cars (about 8.5–10%). Used-car loans usually cost 2–5% more. Each amount’s page shows 8.5% to 11%.