You don’t have to wait any longer to buy the car of your dreams. Now, PNB offers simple car loans for up to 100 percent of the car’s value for everyone. A PNB car loan EMI calculator is the best way to make your dream come true. You can get the best car loan with the most reasonable financing costs which start at 9.95%, having a tenure of 7 years with quicker doorstep service.
When it comes to getting a car loan, customers now have access to all the details. It includes application fees, reduced paperwork, a wide range of repayment options, doortodoor service, faster processing times, and other benefits.
Before making a decision, it is recommended that you should compare and search for the lowest interest rate and smallest EMI on a car loan. Now PNB brings a PNB car loan interest rate calculator to calculate all the interest before you make a budget for a car loan. You can get all the EMI details in advance by calculating them on the PNB car loan calculator.
What is a PNB Car Loan?
Punjab National Bank customers can profit from a car loan at reasonable loan costs starting from 8.90%. The reimbursement tenure for a car loan can be from 1 year to 7 years. The financing cost charge depends on different factors, for example, the loan amount, reimbursement tenure whether the client is buying a new vehicle or a used vehicle, and their credit score.
You can always choose to get a car loan from Punjab National Bank. Punjab National Bank gives you the benefit of calculating all the amount details through the PNB car loan calculator. When you choose to get a car loan through EMI then PNB has a PNB calculator car loan for you. It’s best to calculate all the financial budgets before you apply for a car loan. PNB loan EMI calculator helps you to get all the details in advance.
What is a PNB Car Loan EMI Calculator?
PNB car loan calculator is provided by PNB to calculate Car Loan EMIs. The PNB car loan interest rate calculator calculates all the interest rates for your car loan.
The PNB Car Loan EMI calculator is a simple tool that can be used in a few easy steps:
 Select the PNB Car Loan EMI Calculator at the official website of PNB.
 Provide information like Credit amount and tenure of the loan.
 Then PNB EMI Calculator will calculate the EMI amount you will have to pay. You can also try different parameters to find an EMI option that works best for your planning.
Also Read: Axis Bank Car Loan EMI Calculator
How PNB Car Loan EMI Calculator Work?
PNB loan EMI Calculator relies on the following factors:

Loan Amount
It is the initial amount a person borrows from a PNB bank for a car loan. The EMI depends on the loan amount. As higher the loan amount, the greater the EMI.

Tenure
The specified time frame for repaying the loan is called Tenure. The tenure is calculated in months rather than years because the repayment is made every month.

Interest Rate
The interest rate on the loan amount is set at this rate for a car loan. The interest rate you pay on your loan varies from lender to lender.

PreInstallment
One more extraordinary element of the PNB car loan calculator is that the calculator also takes preinstallment into account.
Eligibility for a PNB Car Loan
Let’s look at the eligibility for getting a PNB car loan
 Age: 21 to 60 years.
 Salaried: A base yearly pay of Rs. 1,80,000 is required
 Independently employed: A base yearly pay of Rs. 1,80,000 is required
 Work/Business Salaried: Work insight of at least 2 years with ongoing work.
 Business/ work independently employed: at least 2 years in a similar line of business is required.
Also Read: LIC Tech Term Plan 854 Premium Calculator
Features of the PNB Car Loan EMI Calculator
The PNB Car loan calculator is an easy device to use before you plan to get a car loan. It performs muddled estimations of the loan amount for your car loan in advance. Some of the benefits and features of the PNB car loan calculator are given below
 It is an exceptionally useful device that is easy to use. Furthermore, it calculates the EMI through the EMI calculator car loan and helps in making a budget easily.
 PNB provides customer care services that can help you to use the PNB car loan calculator if you get any problems while using the PNB car loan calculator.
 Using the PNB car loan interest rate calculator is easy and free of cost. You can use it whenever you want to know the details of interest, tenure, and principal amount for a car loan.
 PNB car loan calculator gives people an estimate of the amount to spend.
 People also use the PNB loan EMI calculator to calculate the EMI of a car loan.
 PNB car loan calculator can also be used to compare the budgets of different car loan plans and you can select what suits your budget.
 The PNB car loan interest rate calculator helps calculate the interest rate according to the loan amount of the car loan you choose.
Benefits of Using PNB Car Loan EMI Calculator
Before applying for a loan, you must know whether you have a budget for getting a car loan or not. Using a PNB loan EMI Calculator can help you with this. To know the EMI amounts and interest rates before getting a car loan you can use the car loan interest rate calculator. It will help you to make a better budget by calculating them in the PNB loan EMI calculator in advance. The PNB loan EMI calculator also has the following other advantages:
1. Accessibility
You can use an online PNB EMI calculator car loan on any device and from any location.
2. Accuracy
The manual calculation can be difficult and is not always accurate. PNB EMI calculator car loan gives an accurate estimate of the budget.
3. Interest Rate
EMI calculations become easy before starting a car loan application. This can be calculated using the PNB EMI calculator car loan.
4. Quick Estimation
This calculator car loan instantly and conveniently calculates the EMI with a single click when you enter the loan amount, tenure (in months), and interest rate.
5. Time Saver
You don’t have to do any of the calculations on your own or go anywhere to find out the EMI amount. PNB EMI calculator car loan will immediately display the EMI amount.
6. Table of Amortization
Additionally, the EMI calculator car loan provides a comprehensive amortization table for the entire term, including the date, principal, interest, and EMI. If you choose a tenure of 10 years (120 months), the table will show all of the information for the entire 120 months.
PNB Car Loan Charges
Charges  New car loan  Old car Loan 
Prepayment  Floating rate Zero
Fixedrate – 2% on outstanding prepaid 
Floating rate Zero
Fixedrate – 2% on outstanding prepaid 
Processing fee  Nil  Nil 
Documentation fee  A/c to Bank terms and conditions  A/c to Bank terms and conditions 
Conclusion
Car loans are unsecured loans provided by PNB banks without any collateral—your house, apartment, or other property. PNB Car loans typically have fixed interest rates that are based on your credit score. The EMI on your car loan is the amount a bank subtracts from the total amount of a personal loan based on the interest rate and the tenure of the loan.
PNB EMI calculator car loan helps you to get all the details to calculate in advance to make a perfect budget. The car loan covers both the principal and interest on the principal. EMI is structured based on Loan Amount, Loan Duration, and Interest Rate.
So, before choosing a dream car for a loan. You must check out PNB car loan services. Before jumping into any car loan. Make sure to calculate all the amounts before making a decision. Use the PNB car loan calculator and PNB car loan interest rate calculator to make a proper budget before finalizing a car loan.
PNB Car Loan EMI Calculator – FAQs
What is the PNB car loan interest rate calculator?
Ans. PNB car loan interest rate calculator is a device that is used to calculate the rate of interest you will have to pay on a car loan. It depends on the loan amount and the tenure of the loan.
How PNB EMI calculator car loan work?
Ans. It depends on the factor of the loan amount, tenure, interest rate, and preinstallment. Depending on these factors PNB loan EMI calculator calculates a 100% accurate amount of EMI you have to pay.
Who can avail of a Car loan?
Ans. A person of age 21 to 60 years with income proof can avail of a car loan. A yearly salary of Rs 1, 80,000 is necessary for an employed person.
Does the PNB car loan interest rate calculator is accurate?
Ans. Yes, the PNB car loan interest rate calculator is 100% accurate.
Where can I find a PNB EMI calculator car loan?
Ans. You can go to the official website of PNB and search for the option of a PNB car loan calculator. There you will find the PNB EMI calculator car loan where you can provide the required information. Then, the PNB car loan calculator will give accurate information.