Monthly EMI: ₹6,220 at 8.95% for 5 years. Total interest: ₹73,200.
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With a ₹3 Lakh car loan from Tata Capital at 8.95% for 5 years, you will pay a monthly EMI of ₹6,220. The total amount payable is ₹3,73,200, of which ₹73,200 is interest.
At 8.95% interest rate for 5 years, the EMI for ₹3 Lakh Car Loan from Tata Capital is ₹6,220 per month. Total interest payable: ₹73,200.
Tata Capital offers Car Loan at 8.95 - 13.00% p.a. The actual rate may vary based on your credit score, income, and the loan amount.
For ₹3 Lakh at 8.95% for 5 years, you would pay approximately ₹73,200 as total interest, making the total repayment ₹3,73,200.
Tata Capital's prepayment policy for Car Loan: Part prepayment allowed after 12 EMIs. Making prepayments can significantly reduce your total interest outgo.
Tata Capital offers competitive rates starting from 8.95 - 13.00% with tenure up to 7 years. Compare with other banks on this page to find the best option for your ₹3 Lakh car loan.