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Punjab National Bank ₹10 lakh Car Loan EMI for 5 Years
At the advertised starting rate of 7.9%, the EMI is about ₹20,229 a month, with total interest of about ₹2,13,714.
Source: Punjab National Bank official page, checked 2 November 2026.
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 |
|---|---|---|---|
| 7.9% (starting) | ₹20,229 | ₹2,13,714 | ₹12,13,714 |
| 8.4% | ₹20,468 | ₹2,28,102 | ₹12,28,102 |
| 8.9% | ₹20,710 | ₹2,42,591 | ₹12,42,591 |
| 9.4% | ₹20,953 | ₹2,57,182 | ₹12,57,182 |
| 9.9% | ₹21,198 | ₹2,71,872 | ₹12,71,872 |
Year-by-year repayment schedule at 7.9%
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 | ₹1,69,804 | ₹72,939 | ₹2,42,743 | ₹8,30,196 |
| Year 2 | ₹1,83,715 | ₹59,028 | ₹2,42,743 | ₹6,46,481 |
| Year 3 | ₹1,98,765 | ₹43,977 | ₹2,42,743 | ₹4,47,716 |
| Year 4 | ₹2,15,049 | ₹27,694 | ₹2,42,743 | ₹2,32,667 |
| Year 5 | ₹2,32,667 | ₹10,076 | ₹2,42,743 | ₹0 |
Frequently asked questions
What is the EMI for a ₹10 lakh Punjab National Bank car loan for 5 years?
At Punjab National Bank's starting rate of 7.9% the EMI is about ₹20,229 a month. If your offered rate is 8.9% it would be about ₹20,710.
How much total interest will I pay?
At 7.9% the total interest over 5 years is about ₹2,13,714, so you repay about ₹12,13,714 in all.