Indian Overseas Bank Car Loan EMI Calculator — 9.45% Rate
Indian Overseas Bank current car loan interest rate: 9.45% p.a.
For a ₹7.00 L loan over 5 years — estimated monthly EMI: ₹14,684
Pre-filled with Indian Overseas Bank's current car loan rate. Adjust the sliders to match your actual loan details.
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Monthly EMI
₹14,684
5 yrs · ₹7.00 L loan
💡 Pay ₹1.5K extra/month → save ₹21.4K interest & close 1 yrs early
Monthly EMI
₹14,684
5 yrs
Total Interest
₹1.81 L
Total Payment
₹8.81 L
About Indian Overseas Bank Car Loan
Indian Overseas Bank offers car loans starting from 9.45% p.a. as of 2025. The EMI for a ₹7 lakh loan over 5 years at this rate is ₹14,684 per month, with total interest of ₹1.81 L.
Use the calculator above to adjust the loan amount, interest rate, and tenure to match your specific requirements. The amortization schedule shows exactly how much principal and interest you pay each year.