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
2029-10-03
Pay-off Date
Month Principal Interest Total Paid Balance
Nov 2025 5092.91 1125 6217.91 264907.09
Dec 2025 5114.13 1103.78 6217.91 259792.96
Jan 2026 5135.44 1082.47 6217.91 254657.52
Feb 2026 5156.84 1061.07 6217.91 249500.68
Mar 2026 5178.32 1039.59 6217.91 244322.36
Apr 2026 5199.90 1018.01 6217.91 239122.46
May 2026 5221.57 996.34 6217.91 233900.89
Jun 2026 5243.32 974.59 6217.91 228657.57
Jul 2026 5265.17 952.74 6217.91 223392.4
Aug 2026 5287.11 930.80 6217.91 218105.29
Sep 2026 5309.14 908.77 6217.91 212796.15
Oct 2026 5331.26 886.65 6217.91 207464.89
Nov 2026 5353.47 864.44 6217.91 202111.42
Dec 2026 5375.78 842.13 6217.91 196735.64
Jan 2027 5398.18 819.73 6217.91 191337.46
Feb 2027 5420.67 797.24 6217.91 185916.79
Mar 2027 5443.26 774.65 6217.91 180473.53
Apr 2027 5465.94 751.97 6217.91 175007.59
May 2027 5488.71 729.20 6217.91 169518.88
Jun 2027 5511.58 706.33 6217.91 164007.3
Jul 2027 5534.55 683.36 6217.91 158472.75
Aug 2027 5557.61 660.30 6217.91 152915.14
Sep 2027 5580.76 637.15 6217.91 147334.38
Oct 2027 5604.02 613.89 6217.91 141730.36
Nov 2027 5627.37 590.54 6217.91 136102.99
Dec 2027 5650.81 567.10 6217.91 130452.18
Jan 2028 5674.36 543.55 6217.91 124777.82
Feb 2028 5698.00 519.91 6217.91 119079.82
Mar 2028 5721.74 496.17 6217.91 113358.08
Apr 2028 5745.58 472.33 6217.91 107612.5
May 2028 5769.52 448.39 6217.91 101842.98
Jun 2028 5793.56 424.35 6217.91 96049.42
Jul 2028 5817.70 400.21 6217.91 90231.72
Aug 2028 5841.94 375.97 6217.91 84389.78
Sep 2028 5866.29 351.62 6217.91 78523.49
Oct 2028 5890.73 327.18 6217.91 72632.76
Nov 2028 5915.27 302.64 6217.91 66717.49
Dec 2028 5939.92 277.99 6217.91 60777.57
Jan 2029 5964.67 253.24 6217.91 54812.9
Feb 2029 5989.52 228.39 6217.91 48823.38
Mar 2029 6014.48 203.43 6217.91 42808.9
Apr 2029 6039.54 178.37 6217.91 36769.36
May 2029 6064.70 153.21 6217.91 30704.66
Jun 2029 6089.97 127.94 6217.91 24614.69
Jul 2029 6115.35 102.56 6217.91 18499.34
Aug 2029 6140.83 77.08 6217.91 12358.51
Sep 2029 6166.42 51.49 6217.91 6192.09
Oct 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.