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Are you paying extra for your car loan?
Use CarWale loan calculator to know the actual interest rate on your loan.


Note: The result will only be shown if the interest rates are between zero and hundred. Filling up of all three Packages is not necessary.
How much EMI will you be paying towards your loan amount? Know that through our EMI Calculator.

For example
You want to buy a Chevrolet Optra Magnum and you have car finance options from two banks. Which of these options is better?
| Bank1 | Bank2 | |
| Loan Amount | 500000 | 400000 |
| EMI | 11377 | 10831 |
| Tenure | 5 years | 4 years |
| Interest rate per annum | 13% | 13.5% |
