HDFC Car Loan EMI Calculator
Calculate your HDFC Bank car loan EMI at 8.5%–12.5% interest. See monthly EMI, total interest, and amortization schedule.
₹
₹1,00,000₹50,00,000
%
6.5%16.5%
12 Mo84 Mo
Monthly EMI
₹16,607
Total Interest
₹1,96,401
Total Payment
₹9,96,401
Monthly EMI
₹16,607
Principal Amount
₹8,00,000 (80.3%)
Total Interest
₹1,96,401 (19.7%)
Amortization Schedule
| Year | Principal | Interest | Total Paid | Balance |
|---|---|---|---|---|
| Year 1 | ₹1,32,669 | ₹66,615 | ₹1,99,284 | ₹6,67,331 |
| Year 2 | ₹1,45,114 | ₹54,170 | ₹1,99,284 | ₹5,22,217 |
| Year 3 | ₹1,58,724 | ₹40,560 | ₹1,99,284 | ₹3,63,493 |
| Year 4 | ₹1,73,615 | ₹25,669 | ₹1,99,284 | ₹1,89,878 |
| Year 5 | ₹1,89,878 | ₹9,381 | ₹1,99,284 | ₹0 |
HDFC Car Loan — Key Details
Interest Rate
8.5% – 12.5%
per annum
Loan Amount
₹1,00,000 – ₹50,00,000
Max Tenure
7 years
84 months
Processing Fee
₹3,500 – ₹7,500
✓India's #1 car loan provider
✓Partnerships with all major car brands
✓Instant approval for pre-approved customers
✓Used car loans also available
Min CIBIL
700+
Prepayment
5% of outstanding (after 12 months)
Disbursal
24-48 hours
HDFC Car Loan — FAQ
What is the HDFC car loan interest rate?
HDFC Bank offers car loan interest rates from 8.5% to 12.5% per annum. The actual rate depends on your CIBIL score, income, loan amount, and property type. A CIBIL score of 750+ gets you rates closer to 8.5%.
What is the EMI for a ₹8,00,000 HDFC car loan?
For a ₹8,00,000 car loan from HDFC Bank at 9% for 5 years, the EMI is approximately ₹16,607 per month. Total interest payable: ₹1,96,420.
What is the minimum CIBIL score for HDFC car loan?
HDFC Bank typically requires a minimum CIBIL score of 700 for car loans. A higher score (750+) gets better rates and faster approval.
What is the processing fee for HDFC car loan?
HDFC Bank charges a processing fee of ₹3,500 – ₹7,500 on car loans. Some offers may include processing fee waivers during promotional periods.
Can I prepay my HDFC car loan?
Prepayment policy for HDFC Bank car loan: 5% of outstanding (after 12 months). Prepaying even small amounts early in the tenure can save significant interest.
How long does HDFC take to disburse a car loan?
HDFC Bank typically takes 24-48 hours to disburse a car loan after document verification and approval. Pre-approved customers may get faster processing.
Compare car loan offers from 55+ lenders
GoCredit's AI finds you the lowest rate — not just from HDFC.
Compare All Lenders →