| Bank | 1 Year | 3 Years | 5 Years | Senior Citizen |
|---|
FD Calculator Calculator
A Car Loan EMI Calculator helps you estimate your monthly EMI, total interest payable, and overall loan cost before purchasing a car. By entering the on-road car price, down payment, interest rate, and loan tenure, you can instantly calculate accurate loan details without manual calculations.
Moreover, this Car Loan EMI Calculator supports multiple car types including new cars, used cars, luxury vehicles, and commercial cars. As a result, users can compare interest rates, loan tenure, and repayment amounts easily. Additionally, the calculator provides a complete loan summary with EMI breakup, interest percentage, amortization schedule, and additional ownership costs, helping you make confident financial decisions.
Formula Used for Car Loan EMI Calculation
Cumulative FD Formula
The stA = P × (1 + r/n)ⁿᵗ
Where:
- P = Deposit Amount
- r = Annual Interest Rate
- n = Compounding frequency
- t = Tenure in years
- A = Maturity Amountandard formula used in a Car Loan EMI Calculator is:
How FD Returns Are Calculated
- Enter the deposit amount.
- Select the FD type
- Choose the bank (SBI, HDFC, ICICI, Axis, PNB).
- Enter the interest rate.
- Select FD tenure (7 days to 10 years).
- Choose interest payout option:
- Calculator instantly displays:
- Regular FD
- Tax Saving FD
- Senior Citizen FD
- Cumulative
- Monthly
- Quarterly
- Maturity amount
- Total interest earned
- Interest after TDS
- Principal vs interest breakdown
- Bank FD rate comparison
Key Features of This Car Loan Calculator
- Regular, Tax-Saving & Senior Citizen FD
- Bank-wise FD rate comparison
- Cumulative, monthly & quarterly payout
- Interactive sliders for all inputs
- Maturity amount calculation
- Total interest earned
- TDS calculation as per income tax rules
- Principal vs interest chart
- Monthly / quarterly interest schedule
- Tenure comparison view
- Indian currency formatting
- Mobile-friendly interface
What This FD Calculator Shows
- Deposit amount
- Interest rate
- Tenure
- FD type
- Bank name
- Maturity amount
- Interest earned
- TDS deducted
- Net interest after tax
- Payment schedule
TDS Disclaimer
As per income tax rules, TDS is applicable if annual FD interest exceeds:
- ₹40,000 for regular investors
- ₹50,000 for senior citizens
Actual tax liability may vary based on income slab.