City Union Bank Car Loan EMI Calculator

Considering that EMI calculations is imperative before availing a car loan, the City Union Bank Car Loan EMI Calculator enables customers to make accurate EMI calculations. With the City Union Bank Car Loan EMI Calculator, customers will be certain of how much a car loan would cost every month and how much they would be required to keep aside to pay the EMIs. In addition, customers can also check their eligibility for a car loan on the BankBazaar website.

Updated On - 05 Sep 2025

How to use BankBazaar City Union Bank EMI calculator to understand your car loan repayment

On the BankBazaar website, the EMI Calculator gives customers EMI results in seconds. All that the customer has to do is enter the components of the car loan - loan amount, tenure, interest rate, processing fee and prepayment charges (if any). Along with the EMI calculation, the BankBazaar website also displays the amortisation table once the EMI calculation has been made. The amortisation table helps customers understand the EMI breakup and progress of the loan easily with its graphical representation.

City Union Bank EMI Calculator – How does it work?

A customer has to simply follow the steps mentioned below to determine their EMIs using the City Union Bank EMI Calculator that’s available on the official website of BankBazaar. The EMI Calculator requires a few basic details to give the customer an accurate result along with the amortisation table:

  1. Loan amount - Customers have to drag the pointer on the scale to arrive at the loan amount you are requesting from the bank. For example, Rs.2 lakh, Rs.5 lakh, Rs.10 lakh.
  2. Tenure - The customer will have to choose the loan tenure using the pointer.
  3. Interest rate - After this, the customer has to enter the interest rate that is offered by City Union Bank on car loans.
  4. Processing fee - Once this is done, the customer will have to enter the processing fee charged by City Union Bank.
  5. Prepayment - Customers can choose whether they want to make the EMI calculation with or without the prepayment.
    1. If they do not want to include the prepayment charges in the EMI calculation, customers can directly click on “Calculate”.
    2. If the customer chooses to make prepayments, he/she will have to provide the information listed below:
      1. Prepayment frequency
      2. Prepayment fee
      3. Prepayment amount
      4. How the prepayment applies

Click on the “Calculate” once the information has been entered to get a detailed breakup of the total amount payable.

Example: Given that the current rate of interest on car loans from City Union Bank is 17.5% let us calculate the EMI a customer would be required to pay for different tenures. To negate confusion, we will assume that the processing fee is 2%.

Loan amount (Rs.)

Interest rate

Processing fee

EMI for 2 years (Rs.)

EMI for 3 years (Rs.)

EMI for 4 years (Rs.)

EMI for 5 years (Rs.)

EMI for 6 years (Rs.)

EMI for 7 years (Rs.)

10 lakh

9.20%

2%

49,683

35,902

29,114

25,122

22,526

20,726

15 lakh

9.20%

2%

74,524

58,853

43,672

37,683

33,789

31,089

20 lakh

9.20%

2%

99,366

71,804

58,229

50,244

45,052

41,452

25 lakh

9.20%

2%

1,24,207

89,755

72,786

62,806

56,315

51,814

30 lakh

9.20%

2%

1,49,049

1,07,706

87,343

75,367

67,578

62,177

35 lakh

9.20%

2%

1,73,890

1,25,657

1,01,900

87,928

78,841

72,540

40 lakh

9.20%

2%

1,98,731

1,43,608

1,16,457

1,00,489

90,104

82,903

*Interest rates are subject to change following the inclusion of GST from July 1, 2017.

City Union Bank Car Loan EMI Calculator - Features and Benefits

In seconds, the City Union Bank Car Loan EMI Calculator performs complicated calculation giving customers an idea of how much they would need to set aside towards the car loan repayment. Some of the key features of the tool are listed below:

  1. Using the BankBazaar user-friendly EMI calculator, customers will have EMI results in seconds.
  2. The tool also displays the amortisation table - enabling customers to understand the progress and breakup of the loan easily.
  3. If they have any issues or queries regarding the tool, customers can contact the support team of BankBazaar.
  4. The BankBazaar EMI calculator is completely free of cost.
  5. The tool can be used multiple times - with different interest rates, processing fees, tenure and so on.
  6. If you wish to make a prepayment towards the car loan, the BankBazaar EMI calculator gives customers the option of entering the prepayment charges as well.
Mr. Rao thought that  car insurance price   depends only on the type of car he owns. But it is based on many other factors, as listed here.

City Union Bank car loan EMI calculator FAQs

  • Is it possible to calculate the EMI manually rather than use the EMI tool?

    Calculating the EMI manually would be time-consuming and errors might surface.

  • Can you explain what is an amortization table?

    A car loan amortization table displays the breakup of the principal amount, interest rate, the total paid amount, and the outstanding loan balance. It basically is a graphical representation of the breakup of your car loan and its progress.

  • What are the features of the City Union Bank car loan?

    The City Union Bank car loan is characterised by the following features:

    1. Customers have flexible repayment options with the tenure ranging between 12 months and 60 months.
    2. 100% finance for the purchase of several models of cars and multiutility vehicles.
    3. No hidden charges.
    4. Best interest rates on car loans.
    5. The bank also offers special benefits and innovative loyalty schemes for its car loan customers.
  • How is the EMI car loan calculated?

    EMI Is calculated using the following formula:

    EMI = [P x R x (1+R) ^N] / [(1+R) ^N – 1],

    Where, P is the principal amount, R is the interest rate on a monthly basis, and N is the number of installments.

    This formula does not take into account the prepayments that you make towards the loan.

  • What will happen if I make an EMI calculation without the prepayment charges?

    Including the prepayment charges will be make the result accurate - allowing you to plan your finances to point. If not, you can still make the calculations and have a rough estimate.

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