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Loan amount₹6,00,000
Interest @12% p.a.+ ₹2,44,560
Total amount₹8,44,560
Want to buy a pre-owned car but unsure of how it’s going to affect your budget? The CARS24 loan EMI calculator is a convenient, automated tool that simplifies your pre-owned car loan planning. Simply input your loan amount (principal amount) and down payment, select the tenure and interest rate, and discover your monthly loan instalments.
Use the CARS24 EMI calculator and plan your pre-owned car loan instalment with ease!
Choose the amount you plan to borrow for your used car purchase. This is the principal amount you need to finance your vehicle
This is the amount you pay upfront while purchasing the car and it reduces the principal amount of a car loan, lowering monthly payments
Select the loan tenure or the number of months you want to take to repay the loan. The EMI calculator will instantly display your estimated monthly instalment
Provide the applicable interest rate on your used car loan. This rate may vary depending on your credit score and the lender's policies
Customise EMIs with as low as zero down payment and up to 6 year loan tenure starting at 12% ROI
Check your eligibility and get a loan offer within 2 minutes with minimal documentation
Coverage across all major Indian cities with 15,000+ serviceable PIN codes`
Get a loan for pre-owned cars up to 14 years of age
Share basic details
Book a car you love
Share bank statement
Customise your EMI
Verify address and KYC
E-sign loan agreement
If you have further questions, please do not hesitate to reach out to us on care.loans@cars24.com