HDFC Car Loan EMI Calculator

Preset to HDFC's current car loan emi rate of 9.2%. Change any value to see your own numbers.

  • Current rate 9.20%
  • Range 9.109.70%
  • Rank #6 of 7 banks
  • Verified 16 July 2026
₹8,00,000
7 yr

HDFC Car Loan EMI Calculator

Monthly EMI₹12,953 /mo
  • Principal₹8,00,000
  • Total interest₹2,88,019
  • Total payment₹10,88,019

Where your money goes

  • Principal ₹8,00,000
  • Interest ₹2,88,019

HDFC car loan interest rates 2026

HDFC car loan rates
Tenure / slabRate
New car (pre-approved customer)9.10%
New car (standard salaried)9.20%
New car (standard, higher slab)9.45%
New car (self-employed)9.70%

This Car Loan calculator is preset to HDFC Bank's current 9.2% rate (as of 16 July 2026), so the EMI you see the moment the page loads reflects a real HDFC loan — change the amount or tenure to match yours.

HDFC's car loan rates run from 9.10% to 9.70% depending on your profile and loan size. Below is HDFC's full rate table, the fees and rules that actually apply, and how HDFC compares with the 7 banks we track — the one thing no bank's own page will show you.

HDFC car loan — key facts

  • Finances up to 100% of the ex-showroom price on select models.
  • Processing fee ranges from ₹3,500 to ₹11,000 based on the loan amount (plus applicable taxes).
  • Foreclosure charges are 6% of the outstanding principal within the first year, reducing to 3% after 24 months.
  • Maximum repayment tenure is up to 7 years (84 months).

How HDFC compares

HDFC9.20%rank 6 of 7
Category median9.10%across 7 banks
Best in category8.85%BoB

HDFC's car loan rate is above the category median. BoB is cheaper at 8.85%.

HDFC car loan FAQs

What is HDFC's car loan interest rate in 2026?

HDFC Bank offers car loan rates from 9.1% to 9.7% (indicative headline 9.2%). The exact rate depends on your credit score, income and loan amount.

What are the fees on a HDFC car loan?

The processing fee is ₹3,500–₹11,000 based on loan amount + taxes. Finances up to 100% of the ex-showroom price on select models.

Can I prepay or foreclose my HDFC car loan early?

Foreclosure charges are 6% of the outstanding principal within the first year, reducing to 3% after 24 months.

How is the EMI on a HDFC car loan calculated?

The EMI uses the reducing-balance method — interest is charged only on the outstanding balance, so the interest share of each instalment falls over time. At 9.2% the calculator above shows your monthly EMI; change the amount and tenure to match your loan.

Related pages