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ICICI Bank Car Loan EMI Calculator 2026

Calculate your ICICI Bank car loan EMI instantly. Current rate starts from 8.75 - 9.60% p.a. with tenure up to 7 years.

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ICICI Bank Car Loan Details 2026

Interest Rate
8.75 - 9.60% p.a.
Max Tenure
7 Years
Processing Fee
0.50% of loan amount
Prepayment Charges
Part prepayment up to 25% annually

ICICI Bank offers car loan starting from 8.75 - 9.60% per annum with a maximum tenure of 7 years. The processing fee is 0.50% of loan amount. Prepayment policy: Part prepayment up to 25% annually.

EMI for Different Loan Amounts at 8.75% p.a.

Tenure: 5 years

Loan AmountMonthly EMITotal InterestTotal Payment
₹3 Lakh₹6,191₹71,460₹3,71,460
₹4 Lakh₹8,255₹95,300₹4,95,300
₹5 Lakh₹10,319₹1,19,140₹6,19,140
₹6 Lakh₹12,382₹1,42,920₹7,42,920
₹7 Lakh₹14,446₹1,66,760₹8,66,760
₹8 Lakh₹16,510₹1,90,600₹9,90,600
₹9 Lakh₹18,574₹2,14,440₹11,14,440
₹10 Lakh₹20,637₹2,38,220₹12,38,220
₹12 Lakh₹24,765₹2,85,900₹14,85,900
₹15 Lakh₹30,956₹3,57,360₹18,57,360
₹20 Lakh₹41,274₹4,76,440₹24,76,440

Frequently Asked Questions

What is the ICICI Bank Car Loan interest rate in 2026?

ICICI Bank offers Car Loan at interest rates starting from 8.75 - 9.60% per annum in 2026. The actual rate depends on your credit score, income, loan amount, and relationship with the bank.

What is the EMI for ₹8 Lakh Car Loan from ICICI Bank?

The EMI for a ₹8 Lakh Car Loan from ICICI Bank at 8.75% for 5 years is approximately ₹16,510 per month. Use the calculator above to check EMI for different amounts.

What is the maximum Car Loan amount offered by ICICI Bank?

ICICI Bank offers Car Loan up to ₹1 Crore with a maximum tenure of 7 years, subject to eligibility criteria and income assessment.

What are ICICI Bank Car Loan processing fees?

The processing fee for ICICI Bank Car Loan is 0.50% of loan amount. Prepayment charges: Part prepayment up to 25% annually.

How to apply for ICICI Bank Car Loan?

You can apply for ICICI Bank Car Loan online through their official website or by visiting the nearest branch. You will need documents such as identity proof, address proof, income proof, and bank statements. Use the EMI calculator above to plan your loan before applying.