Calculating EMI on car loans just got very easy with OnCars EMI Calculator. Just enter the required information below and get the EMI quote for a particular loan amount, interest rate and tenure. The calculator is for illustrative purposes only and does not include any other processing fees or charges, which may be applicable.

Car Price:Enter the on-road price of the car you are looking to buy

Cash Discount: Enter only the cash discount amount (if any) applicable on the car

Exchange amount of your old car: Enter the amount quoted for your used car, including any exchange / loyalty bonus (if any)

Down payment: Enter the amount you will pay from your end towards the price of the car

Principal loan amount: Enter the amount that will be paid by the bank towards the price of the car

Loan term (Months): Enter the duration (in number of months) for the loan

Interest rate: Enter the rate of interest (in per cent) quoted by the bank for the car loan

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