Kotak Mahindra Bank Car Loan EMI Calculator
Calculate EMI for Kotak Mahindra Bank car loan at 9.5%.
Loan Details
Results
Your Monthly EMI
₹16,801
Principal
₹8,00,000
Total Interest
₹2,08,089
Total Payment
₹10,08,089
Yearly Amortization Schedule
| Year | Principal Paid | Interest Paid | Balance |
|---|---|---|---|
| 1 | ₹1,31,234 | ₹70,383 | ₹6,68,766 |
| 2 | ₹1,44,259 | ₹57,359 | ₹5,24,506 |
| 3 | ₹1,58,576 | ₹43,041 | ₹3,65,930 |
| 4 | ₹1,74,315 | ₹27,303 | ₹1,91,615 |
| 5 | ₹1,91,615 | ₹10,003 | ₹0 |
Kotak Mahindra Bank car loan features
- Rate from 9.5%
- Tenure up to 7 years
- Finance up to 90% on-road price
Frequently Asked Questions
Everything you need to know, in one place.
What is Kotak Mahindra Bank car loan rate?
Kotak Mahindra Bank offers new car loans starting at 9.5% p.a.
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