Car Loan EMI Calculator
Realise your dream of owning a car by applying for a car loan.IndusInd Bank car loans are designed to cater to all kinds of people. Whether you are salaried or self-employed, whether you want to buy a new or second-hand car, using a car loan EMI calculator, you can estimate the monthly EMI for your car loan. If you are an existing IndusInd Bank customer, you can also become eligible for pre-approved car loan.
Besides being a personal milestone, a car is also a valuable asset and a viable employment option for many. By using the EMI calculator you can plan your monthly instalment rate way ahead of submitting your car loan application.
IndusInd Bank offers new car loans with 100% of the car value at attractive interest rates, low processing fees, and flexible repayment tenures. To make your loan repayment even more smooth, plan ahead using IndusInd bank’s EMI calculator.
*Moratorium for 30 days applied. Results are indicative in nature. Please get in touch with the branch for more details.
Car Loan Calculator FAQs
How to Use Car Loan EMI Calculator?
Using the Car Loan Emi calculator is very simple. Enter the amount, rate and tenure for which the car loan is sought, the Car Loan EMI Calculator will automatically reflect your month EMI for the loan tenure. This easy to use calculator can help you plan your monthly repayment even before you apply for a car loan.
How is the Car Loan EMI to be paid?
To pay your EMIs, you can opt for either of these:
Your monthly EMi can be automatically debited from your account if you have a savings account, salary account, or current account with IndusInd Bank.
Post-Dated Cheques for your Car Loan EMI could be an option if you do not hold an account with IndusInd Bank.How does one use the IndusInd Bank Car Loan EMI Calculator?
You can visit the IndusInd Bank websiteto access our car loan EMI calculator. At the website, type in the loan amount, loan tenure and interest rate to get the EMI amount instantly. It also serves as the used car loan EMI calculator and pre owned car loan calculator.
Is the Car Loan EMI Calculator based on a Fixed or Floating Rate of Interest?
The Car Loan EMI calculator is based on a Fixed Rate of Interest.
What is the advantage of the Car Loan EMI Calculator?
The advantage of a Car Loan EMI Calculator is that It helps you plan and budget your expenses even before you apply for a car loan. You can calculate the exact EMIs to be repaid to IndusInd Bank by entering the loan amount, number of months and interest rate. The Car Loan EMI Calculator removes the need for complex manual calculations and simplifies the repayment process.
Is there an option to increase the tenure within the Car Loan EMI Calculator?
Yes. Typically IndusInd Bank offers flexible tenure options ranging from 1-5 years. In some cases, it can be extended up to 7 years.