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        Vehicle Finance Calculator

        Calculate your EMI and find the best financing options for your new vehicle

        Choose your financing options
        ₹3,09,818
        ₹1,35,000₹12,15,000
        Your loan amount will be : ₹10,40,310
        1 year7 years
        8%20%
        Selected EMI Type:Standard
        Payment Structure
        StartLoan TermEnd

        Standard EMI: Monthly payment of ₹22,103 for 5 years

        Financing Results
        22,103Monthly Payment For 5 Years

        Fixed monthly payments and consistent cash flows.

        Principal Loan Amount
        ₹10,40,310
        Total Interest Payable
        ₹2,85,870
        Total Amount Payable₹13,26,180

        Understanding Loan Payment Types

        Standard EMI

        A standard EMI consists of equal monthly payments throughout the loan term. Each payment includes a portion of the principal and interest, with earlier payments having a higher interest component.

        Balloon Payment

        With a balloon payment structure, you make smaller monthly payments throughout the loan term, with a larger final payment (balloon payment) at the end. This option can reduce your monthly financial burden.

        Bullet Payment

        In a bullet payment structure, you only pay the interest each month, with the entire principal amount due at the end of the loan term. This option provides the lowest monthly payments but requires significant funds at maturity.

        Instant Loan

        Instant loans offer quick approval and disbursement but typically come with a higher interest rate. The EMI structure is similar to a standard loan, but the overall interest cost will be higher.