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EMI Comparison

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

  Option-1 Option-2 Option-3
Loan Amount
Interest rate per annum

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%
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