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HDFC Bank Car Loan EMI Calculator — FY 2026-27

Calculate monthly EMI for an HDFC Bank Car Loan at the current HDFC card rate. HDFC funds up to 100% ex-showroom + accessories. Rate pre-fill tracks HDFC card rate as of 16 April 2026.

Starting rate: 9.4% p.a.Last updated: Editorial

Loan inputs

₹8.00 lakh

Monthly EMI
₹16,762
Principal
₹8.00 L
Total Interest
₹2.06 L
Total Payment
₹10.06 L

Principal vs Interest

Amortization Schedule

Loan amortization schedule — payment, principal, interest, and remaining balance for every year of the loan tenure.
YearPaymentPrincipalInterestBalance
Year 1₹2,01,149₹1,31,520₹69,629₹6,68,480
Year 2₹2,01,149₹1,44,429₹56,720₹5,24,051
Year 3₹2,01,149₹1,58,606₹42,543₹3,65,445
Year 4₹2,01,149₹1,74,174₹26,975₹1,91,271
Year 5₹2,01,149₹1,91,271₹9,878₹-0

About this HDFC EMI Calculator

This HDFC EMI Calculator computes the monthly EMI, total interest, and full amortization schedule for a HDFC Bank car loan at the current rate card (starting 9.4% p.a. for eligible borrowers). It uses the same reducing-balance formula that HDFC Bank’s official per-lakh EMI table publishes, so the output matches your sanction letter to the rupee.

HDFC Bank offers EMI calculator variants across loan products — pick the one that matches your use case:

For the generic EMI math that underlies every bank’s calculator, see the general EMI Calculator. For a full lifetime-cost model, use the Home Loan Total Cost Calculator.

HDFC Bank Car Loan EMI Calculator — FAQ

What is the current HDFC car loan interest rate?

HDFC Bank car loans typically start from 9.40% p.a. for salaried applicants with CIBIL 750+ on new cars. Premium-brand tie-ups (Maruti, Hyundai) sometimes offer 50-100 bps lower (FY 2026-27 — verify on hdfcbank.com).

Does HDFC fund 100% of car price?

Yes, for select new-car brands and preferred-customer profiles HDFC funds up to 100% of the ex-showroom price, sometimes including insurance + accessories. Standard LTV is 85-90%. Used cars cap at 70-80%.

What is the maximum tenure on HDFC car loans?

7 years (84 months) for new cars, 5 years for used cars, 4 years for preowned-beyond-5-years. Longer tenure lowers monthly EMI but increases total interest significantly.

Are there prepayment charges on HDFC car loans?

Yes. HDFC typically charges 6% of outstanding principal if prepaid within 13 months, 5% between 13-24 months, 3% after. Car loans are not covered by RBI's no-prepayment mandate (which applies only to floating-rate home loans for individuals).

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