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Loan Amount
Rs. 300,000
Monthly Instalment (EMI)
Rs. 6,448
Total Interest Amount
Rs. 86,890
Total Amount (Principal + Interest)
Rs. 386,890
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| Bank Name | Interest Rate(New Car) | Per Lac EMI (for 5 years) |
| HDFC Bank | 10.25% - 12.50% | Rs. 2,137 - Rs. 2,250 |
| State Bank of India (SBI) | 10.75% | Rs. 2,162 |
| Kotak Mahindra | 11.50% - 13.50% | Rs. 2,199 - Rs. 2,301 |
| Axis Bank | 11.50% - 14.50% | Rs. 2,199 - Rs. 2,353 |