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

Boost Your Working Capital With Business Working Capital Loans

Running a successful business requires a constant flow of funds to manage day-to-day expenses and seize growth opportunities. This is where working capital plays a vital role. Working capital is the d...

KNOW MORE

April 26, 2024

How-To-Apply-For-A-Car-Loan-For-Grand-Vitara

How To Apply For A Car Loan For Grand Vitara

If you’ve been eyeing the Maruti Grand Vitara and dreaming of owning this stylish SUV, you’re not alone. With its impressive Grand Vitara NCAP rating, spacious interiors, hybrid powertrain...

KNOW MORE

June 19, 2024

Know How Your Credit Score Can Influence Your Insurance Premium

Have you ever wondered how your credit score affects your insurance premiums? Your credit score, also known as your CIBIL score, plays a significant role in determining the amount you pay for insuranc...

KNOW MORE

June 17, 2024