Rupeevalley

Drive home a new car

Plan your new car with confidence.

Work out your car loan EMI with your down payment included, then talk to our team about suitable options.

Get Loan Assistance Calculate EMI
  • EMI calculator with down payment built in
  • Enquire without creating an account
  • Guidance on next steps from our team

About car loans

A car loan helps you buy a new car, with the car itself typically acting as security for the loan. Most buyers pay part of the on-road price as a down payment and finance the rest.

A larger down payment lowers both your EMI and the total interest you pay. Try different combinations in the calculator.

What lenders typically consider

  • Income and employment or business stability
  • Credit score and existing obligations
  • The vehicle model and on-road price

Each lender sets its own criteria and makes its own decision.

How Rupeevalley helps

Rupeevalley helps you explore options, estimate EMIs and connect with the appropriate team or lending partner. We are not the lender. The lender you apply with decides eligibility, interest rate, fees, approval and disbursal under its own policies and verification process.

EMI calculator

Car Loan EMI Calculator

Include your down payment. Adjust the values to see your EMI and repayment schedule.

₹50,000 to ₹1.25 crore
₹0 to ₹12.5 lakh

Loan amount: ₹10,00,000 (allowed ₹50,000 – ₹1 crore)

0% to 20%
Tenure unit
1 yr10 yr
Add fees (optional)

Enter only fees you know about. They are shown separately and do not change the EMI.

Results

Your monthly EMI

₹20,758

Principal amount
₹10,00,000
Total interest
₹2,45,501
Total repayment
₹12,45,501
Want to explore this scenario?We’ll attach these results to your enquiry, so you won’t need to re-enter anything.

  • Calculated on a reducing balance with a fixed annual rate of 9% for 5 years.
  • Loan amount = on-road price minus your down payment.
  • Processing fees, GST, insurance and other charges are excluded unless you add them.
  • Results are illustrative. Actual rates, EMI and eligibility are decided by the lender.
View amortisation schedule
Repayment schedule by year. Expand a year to see monthly rows.
Period Opening balance Principal Interest Instalments Closing balance
₹10,00,000 ₹1,65,830 ₹83,270 ₹2,49,100 ₹8,34,170
₹8,34,170 ₹1,81,386 ₹67,714 ₹2,49,100 ₹6,52,784
₹6,52,784 ₹1,98,401 ₹50,699 ₹2,49,100 ₹4,54,382
₹4,54,382 ₹2,17,013 ₹32,088 ₹2,49,100 ₹2,37,370
₹2,37,370 ₹2,37,370 ₹11,730 ₹2,49,100 ₹0

The default rate is an example for illustration only and is not a quoted rate. Results exclude insurance, registration and fees unless entered. The lender decides your actual terms.

Car Loan questions

More questions? Contact our team.

A larger down payment reduces the amount you borrow, which lowers both your EMI and the total interest you pay.

No. On-road price usually includes registration, insurance and other charges on top of the ex-showroom price. Enter the on-road price in the calculator.

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