login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
phone

Download App

Conveniently pay your EMIs, set payment reminders, view your loan details.

phone
|

Car Loan EMI: What Is It ?

mahindra-finance-author

by Mahindra Finance

|

October 5, 2023

|

1 mins read

A Car Loan EMI (Equated Monthly Instalment) is the monthly payment you make until your car loan is fully repaid. This amount comprises both the principal loan amount and the interest accrued.

Related articles

Mastering Financial Planning: A Guide To Using FD Calculators Effectively

Why use an FD interest rate calculator? Financial planning helps to secure our future and achieve our financial goals. One popular investment tool that can help us in this endeavour is a Fixed Deposit...

KNOW MORE

March 4, 2024

Understanding-personal-loan-interest-rates-What-influences-the-cost

Personal Loan Interest Rates Explained: What Influences The Cost

When taking a personal loan online, understanding how personal loan interest rates work is essential. The personal loan finance rate determines the extra amount you’ll have to pay back to the le...

KNOW MORE

June 15, 2024

Time Deposit Vs Fixed Deposit

Time Deposit Vs Fixed Deposit: Are They Safe to Invest?

Quick Summary When planning conservative investing, it is essential to understand the difference between time deposit and fixed deposit. Often considered synonymous, these financial products are quite...

KNOW MORE

November 25, 2025