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EV EMI Calculator

Estimate monthly electric vehicle loan installments, compare bank interest rates, and apply online for pre-approved loans.

Quick EV Category PresetsClick to auto-fill

Loan Parameters

Special EV Rates
15,50,000
₹50K₹25L₹50L₹80L+
3,00,000
8.5%
1200 km / mo
Monthly Loan Installment
25,646/ month
Net Effective EMI
After ₹7,560/mo fuel savings
18,086
Principal Amount

12,50,000

Total Interest

2,88,760

Principal (81%)Interest (19%)
Total Paid: 15,38,760

Monthly EV Savings

Based on driving 1200 km / month

Petrol Cost

9,000/mo

EV Charging Cost

1,440/mo

Monthly Savings:+ ₹7,560 / mo

Yearly Payment Schedule

Breakdown of principal paid, interest paid, and remaining balance.

60 Months Loan
YearPrincipal Paid (₹)Interest Paid (₹)Balance (₹)
Year 12,09,54198,21110,40,459
Year 22,28,06279,6908,12,397
Year 32,48,22159,5315,64,177
Year 42,70,16137,5912,94,016
Year 52,94,01613,7110
Pre-Approval

Apply for EV Financing

Fill out your basic contact details below. Your configured EMI parameters will be automatically attached.

Current Calculator Configuration
Loan Amount:

12,50,000

Monthly EMI:

25,646/mo

Tenure & Rate:

60 mos @ 8.5%

Down Payment:

3,00,000

Instant recording & evaluation
Zero impact on CIBIL score for initial check
Section 80EEB tax benefit guidance
Doorstep digital KYC

Applicant Details

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