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EMI Calculator Car Loan

By dcsd 6 Comments October 24, 2021

The EMI Calculator helps to calculate EMI details with given information.

What is EMI?

EMI is the payment which the borrower makes every month towards loan repayment of the loan. EMI constitutes the principal amount, in addition to the certain amount of interest. An EMI is a fixed monthly payment made by borrowers to lenders. Payments are delivered on a recurring basis every month according to the terms of the contract.

How EMI is Calculated?

EMI = [P x R x (1+R)^N]/[(1+R)^ (N-1)],

EMI is the monthly instalment
P is the principal Amount
R is the rate of interest (the interest rate should be a monthly rate)
N is the tenure of repayment (tenure should be in months)

How to calculate a EMI with our calculator?

Step 1 : Enter the amount that you’re borrowing as a loan in the given loan amount range slider.

Step 2 : Set the interest rate in the given range by using our range slider.

Step 3 : when selecting your repayment plan, you can choose the tenure of the repayments which are months or years.

Step 4: Specify the repayment period of your loan in the given range slider.

Step 5: EMI is calculated with given information and listed with the principal and interest of repayment. It also has the complete list of every month’s EMI details with the balance amount in tabular format.

₹
0 2000000
%
5 20 %
17 Yr
384 Mo

Prices are subject to change without notice, so customers should always check AFD CSD Online Portal for updates before making their purchase - afd.csdindia.gov.in login page

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Filed Under: Uncategorized

Comments

  1. Shiv says

    January 26, 2023 at 7:38 pm

    CSD two wheeler dealers contact no from Moradabad

    Reply
  2. Satyavir Singh says

    August 29, 2022 at 6:09 pm

    I want purchase a Alto new model or Swift new model from CSD with emi for 7 years. What can I do for this.

    Reply
  3. Rahul says

    May 6, 2022 at 11:56 am

    Kya rate h csd m wagonar car cng m

    Reply
    • Vivek Singh Tomar says

      June 20, 2022 at 5:17 am

      What price creta sx desal in csd

      Reply
    • Mithilesh Kumar Singh says

      August 8, 2022 at 2:42 pm

      Hyundai venue car ka CSD price kya hai

      Reply
  4. DEVENDER SINGH says

    April 9, 2022 at 1:00 pm

    HOW MANY DAYS WAITING ON TATA NEXON XZ+

    Reply

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Prices are subject to change without notice. The AFD CSD online portal is the best place to be up-to-date with all price changes.AFD CSD online portal Official website link available here – afd.csdindia.gov.in login page

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