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Punjab National Bank ₹5 lakh Car Loan EMI for 5 Years
At the advertised starting rate of 7.9%, the EMI is about ₹10,114 a month, with total interest of about ₹1,06,857.
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) | ₹10,114 | ₹1,06,857 | ₹6,06,857 |
| 8.4% | ₹10,234 | ₹1,14,051 | ₹6,14,051 |
| 8.9% | ₹10,355 | ₹1,21,296 | ₹6,21,296 |
| 9.4% | ₹10,477 | ₹1,28,591 | ₹6,28,591 |
| 9.9% | ₹10,599 | ₹1,35,936 | ₹6,35,936 |
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 | ₹84,902 | ₹36,470 | ₹1,21,371 | ₹4,15,098 |
| Year 2 | ₹91,857 | ₹29,514 | ₹1,21,371 | ₹3,23,241 |
| Year 3 | ₹99,383 | ₹21,989 | ₹1,21,371 | ₹2,23,858 |
| Year 4 | ₹1,07,525 | ₹13,847 | ₹1,21,371 | ₹1,16,333 |
| Year 5 | ₹1,16,333 | ₹5,038 | ₹1,21,371 | ₹0 |
Frequently asked questions
What is the EMI for a ₹5 lakh Punjab National Bank car loan for 5 years?
At Punjab National Bank's starting rate of 7.9% the EMI is about ₹10,114 a month. If your offered rate is 8.9% it would be about ₹10,355.
How much total interest will I pay?
At 7.9% the total interest over 5 years is about ₹1,06,857, so you repay about ₹6,06,857 in all.