Tata Magic IRIS Loan EMI Calculator

EMI calculation for your car

EMI calculation for your Tata Magic IRIS loan is just few clicks away. You can simply enter loan amount and interest rate being charged on the loan to get the possible EMI on the reducing balance. You can enter your desired duration and get the EMI for your new car. However, the processing fee and one time change may be applicable differently on different banks or financial institutions.

Loan EMI Calculator

Vehicle Price (before tax)
Down Payment
Trade in Amount
Owed on Trade
Interest Rate
Sales Tax Rate
Term
Start Date

Amortization Schedule

₹6217.91
Monthly Payment
₹270000
Loan Amount
₹298459.7
Over (Over 48 Payments)
₹28459.65625
Total Interest
2029-03-29
Pay-off Date
Month Principal Interest Total Paid Balance
Apr 2025 5092.91 1125 6217.91 264907.09
May 2025 5114.13 1103.78 6217.91 259792.96
Jun 2025 5135.44 1082.47 6217.91 254657.52
Jul 2025 5156.84 1061.07 6217.91 249500.68
Aug 2025 5178.32 1039.59 6217.91 244322.36
Sep 2025 5199.90 1018.01 6217.91 239122.46
Oct 2025 5221.57 996.34 6217.91 233900.89
Nov 2025 5243.32 974.59 6217.91 228657.57
Dec 2025 5265.17 952.74 6217.91 223392.4
Jan 2026 5287.11 930.80 6217.91 218105.29
Feb 2026 5309.14 908.77 6217.91 212796.15
Mar 2026 5331.26 886.65 6217.91 207464.89
Apr 2026 5353.47 864.44 6217.91 202111.42
May 2026 5375.78 842.13 6217.91 196735.64
Jun 2026 5398.18 819.73 6217.91 191337.46
Jul 2026 5420.67 797.24 6217.91 185916.79
Aug 2026 5443.26 774.65 6217.91 180473.53
Sep 2026 5465.94 751.97 6217.91 175007.59
Oct 2026 5488.71 729.20 6217.91 169518.88
Nov 2026 5511.58 706.33 6217.91 164007.3
Dec 2026 5534.55 683.36 6217.91 158472.75
Jan 2027 5557.61 660.30 6217.91 152915.14
Feb 2027 5580.76 637.15 6217.91 147334.38
Mar 2027 5604.02 613.89 6217.91 141730.36
Apr 2027 5627.37 590.54 6217.91 136102.99
May 2027 5650.81 567.10 6217.91 130452.18
Jun 2027 5674.36 543.55 6217.91 124777.82
Jul 2027 5698.00 519.91 6217.91 119079.82
Aug 2027 5721.74 496.17 6217.91 113358.08
Sep 2027 5745.58 472.33 6217.91 107612.5
Oct 2027 5769.52 448.39 6217.91 101842.98
Nov 2027 5793.56 424.35 6217.91 96049.42
Dec 2027 5817.70 400.21 6217.91 90231.72
Jan 2028 5841.94 375.97 6217.91 84389.78
Feb 2028 5866.29 351.62 6217.91 78523.49
Mar 2028 5890.73 327.18 6217.91 72632.76
Apr 2028 5915.27 302.64 6217.91 66717.49
May 2028 5939.92 277.99 6217.91 60777.57
Jun 2028 5964.67 253.24 6217.91 54812.9
Jul 2028 5989.52 228.39 6217.91 48823.38
Aug 2028 6014.48 203.43 6217.91 42808.9
Sep 2028 6039.54 178.37 6217.91 36769.36
Oct 2028 6064.70 153.21 6217.91 30704.66
Nov 2028 6089.97 127.94 6217.91 24614.69
Dec 2028 6115.35 102.56 6217.91 18499.34
Jan 2029 6140.83 77.08 6217.91 12358.51
Feb 2029 6166.42 51.49 6217.91 6192.09
Mar 2029 6192.11 25.80 6217.91 -0.02
Total ₹270000.02 ₹28459.66 ₹298459.68
Disclaimer: The amount displayed here for Tata Magic IRIS is in Indian Rupee and has been rounded off to the nearest rupee. Additional charges like processing fee, file charges or any other additional charge has been included in the final EMI. Loan insurance value is even not mentioned in the final product. The terms and conditions of various institutions should be read before signing any document. Values for indication only. Exact values are to be cleared with the institution only.