EMI Calculator
Work out your monthly EMI in seconds — and see the exact rupee difference between a PSU bank rate and a private bank rate over the full tenure.
Loan Amount₹15.00 L
Interest Rate7.60%
Tenure7 years
Monthly EMI
₹23,082
Total Interest
₹4.39 L
Total Payment
₹19.39 L
Rate comparison at a glance
A ₹15 lakh car loan over 7 years, priced at each bank's typical rate.
| Bank | Interest Rate | Monthly EMI (₹15.00 L, 7yr) | Total Interest | You Save |
|---|---|---|---|---|
| Bank of Baroda (via NITI) | 7.6% | ₹23,082 | ₹4.39 L | ₹2.35 L |
| HDFC Bank | 10.75% | ₹25,487 | ₹6.41 L | ₹33,125 |
| ICICI Bank | 10.9% | ₹25,605 | ₹6.51 L | ₹23,217 |
| Kotak Mahindra Bank | 11.25% | ₹25,881 | ₹6.74 L | Baseline |
Same car. Same loan amount. Different bank = ₹1.9 lakh difference over 7 years.
Get My Lowest Rate on WhatsApp