Car Loan EMI Calculator

 
EMI Formula:
EMI = [P × r × (1 + r)n] / [(1 + r)n − 1]
Where:
P = Loan Amount, r = Monthly Interest Rate (annual rate / 12 / 100), n = Loan Tenure in months
Disclaimer: This calculator provides an estimated EMI for your car loan. Actual EMI may vary depending on the bank, your credit profile, and additional charges like processing fees. Please confirm with your lender before making decisions.