Home › Car Loan › ICICI Bank › ₹10 lakh for 7 years
ICICI Bank ₹10 lakh Car Loan EMI for 7 Years
At the advertised starting rate of 8.4%, the EMI is about ₹15,786 a month, with total interest of about ₹3,26,045.
Source: ICICI Bank official page, checked on November 2026 (2026-11-01).
These figures use the bank's advertised starting rate. Most borrowers are offered a higher rate depending on credit score, income and loan size, so treat the result as a best case.
Prepayment options (optional): pay extra to finish sooner
EMI at higher rates
| Rate | EMI | Total interest | Total payment |
|---|---|---|---|
| 8.4% (starting) | ₹15,786 | ₹3,26,045 | ₹13,26,045 |
| 8.9% | ₹16,038 | ₹3,47,223 | ₹13,47,223 |
| 9.4% | ₹16,293 | ₹3,68,597 | ₹13,68,597 |
| 9.9% | ₹16,550 | ₹3,90,163 | ₹13,90,163 |
| 10.4% | ₹16,809 | ₹4,11,922 | ₹14,11,922 |
Year-by-year repayment schedule at 8.4%
How much of each year's payments goes to principal and to interest, and what you still owe at the end of the year. Use the calculator above for a month-by-month view and prepayment options.
| Year | Principal | Interest | Paid | Balance left |
|---|---|---|---|---|
| Year 1 | ₹1,09,590 | ₹79,845 | ₹1,89,435 | ₹8,90,410 |
| Year 2 | ₹1,19,159 | ₹70,276 | ₹1,89,435 | ₹7,71,251 |
| Year 3 | ₹1,29,563 | ₹59,872 | ₹1,89,435 | ₹6,41,688 |
| Year 4 | ₹1,40,875 | ₹48,560 | ₹1,89,435 | ₹5,00,813 |
| Year 5 | ₹1,53,175 | ₹36,260 | ₹1,89,435 | ₹3,47,639 |
| Year 6 | ₹1,66,549 | ₹22,886 | ₹1,89,435 | ₹1,81,090 |
| Year 7 | ₹1,81,090 | ₹8,345 | ₹1,89,435 | ₹0 |
Frequently asked questions
What is the EMI for a ₹10 lakh ICICI Bank car loan for 7 years?
At ICICI Bank's starting rate of 8.4% the EMI is about ₹15,786 a month. If your offered rate is 9.4% it would be about ₹16,293.
How much total interest will I pay?
At 8.4% the total interest over 7 years is about ₹3,26,045, so you repay about ₹13,26,045 in all.