What is the EMI for 10 lakhs car loan?

What is the EMI for 10 lakhs car loan?

What is a car loan EMI calculator?

Loan amount Loan tenure EMI
Rs.5 lakh 5 years Rs.10,477
Rs.10 lakh 1 year Rs.87,637
Rs.10 lakh 5 years Rs.20,953
Rs.15 lakh 1 year Rs.1,31,456

What is the EMI for 3 lakh car loan?

Car Loan EMI Calculator SBI at different tenure

Loan Amount 2 Years 3 Years
1 Lakh ₹ 4,489 ₹ 3,099
3 Lakh ₹ 13,466 ₹ 9,297
5 Lakh ₹ 22,443 ₹ 15,496
10 Lakh ₹ 44,886 ₹ 30,992

What is the EMI for 20 lakhs car loan?

Repayment or Maximum Number of EMI

Loan amount Interest Rate EMI for 7 Years
15 lakh 9.00% ₹ 24133.62
18 Lakh 9.00% ₹ 28960.34
20 Lakh 9.00% ₹ 32178.16
22 Lakh 9.00% ₹ 35395.97

How is HDFC EMI calculated?

For example, If a person avails a loan of ₹10,00,000 at an annual interest rate of 7.2% for a tenure of 120 months (10 years), then his EMI will be calculated as under: EMI= ₹10,00,000 * 0.006 * (1 + 0.006)120 / ((1 + 0.006)120 – 1) = ₹11,714. Calculating the EMI manually using the formula can be tedious.

How much car loan can I get on 20000 salary?

Rs. 3 Lakhs
With the salary of Rs. 20,000 per month, you may become eligible for a maximum loan amount of Rs. 3 Lakhs. In case you do not qualify for a new car loan, you can also check your eligibility for a pre-owned car loan.

What is the car loan interest rate in HDFC?

7.95% onwards
HDFC Bank offers car loans at attractive interest rates starting from 7.95% (Rack Interest). Car loans offered by the bank comes with a repayment tenure of up to 84 months….Key Features of HDFC Bank Car Loan.

HDFC Car Loan Details
HDFC Car Loan Interest Rate (New Car) 7.95% onwards
Maximum Loan Amount Up to Rs.3 crore

How much car loan can I get on 12000 salary?

Salary of 12000, Am I eligible for Loan? Check here online

Product Salary Min. loan amount
Personal Loan 12000 40000
Home Loan 12000 300000
Car Loan 12000 150000
Credit Card 12000