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
2029-08-02
Pay-off Date
Month Principal Interest Total Paid Balance
Sep 2025 5092.91 1125 6217.91 264907.09
Oct 2025 5114.13 1103.78 6217.91 259792.96
Nov 2025 5135.44 1082.47 6217.91 254657.52
Dec 2025 5156.84 1061.07 6217.91 249500.68
Jan 2026 5178.32 1039.59 6217.91 244322.36
Feb 2026 5199.90 1018.01 6217.91 239122.46
Mar 2026 5221.57 996.34 6217.91 233900.89
Apr 2026 5243.32 974.59 6217.91 228657.57
May 2026 5265.17 952.74 6217.91 223392.4
Jun 2026 5287.11 930.80 6217.91 218105.29
Jul 2026 5309.14 908.77 6217.91 212796.15
Aug 2026 5331.26 886.65 6217.91 207464.89
Sep 2026 5353.47 864.44 6217.91 202111.42
Oct 2026 5375.78 842.13 6217.91 196735.64
Nov 2026 5398.18 819.73 6217.91 191337.46
Dec 2026 5420.67 797.24 6217.91 185916.79
Jan 2027 5443.26 774.65 6217.91 180473.53
Feb 2027 5465.94 751.97 6217.91 175007.59
Mar 2027 5488.71 729.20 6217.91 169518.88
Apr 2027 5511.58 706.33 6217.91 164007.3
May 2027 5534.55 683.36 6217.91 158472.75
Jun 2027 5557.61 660.30 6217.91 152915.14
Jul 2027 5580.76 637.15 6217.91 147334.38
Aug 2027 5604.02 613.89 6217.91 141730.36
Sep 2027 5627.37 590.54 6217.91 136102.99
Oct 2027 5650.81 567.10 6217.91 130452.18
Nov 2027 5674.36 543.55 6217.91 124777.82
Dec 2027 5698.00 519.91 6217.91 119079.82
Jan 2028 5721.74 496.17 6217.91 113358.08
Feb 2028 5745.58 472.33 6217.91 107612.5
Mar 2028 5769.52 448.39 6217.91 101842.98
Apr 2028 5793.56 424.35 6217.91 96049.42
May 2028 5817.70 400.21 6217.91 90231.72
Jun 2028 5841.94 375.97 6217.91 84389.78
Jul 2028 5866.29 351.62 6217.91 78523.49
Aug 2028 5890.73 327.18 6217.91 72632.76
Sep 2028 5915.27 302.64 6217.91 66717.49
Oct 2028 5939.92 277.99 6217.91 60777.57
Nov 2028 5964.67 253.24 6217.91 54812.9
Dec 2028 5989.52 228.39 6217.91 48823.38
Jan 2029 6014.48 203.43 6217.91 42808.9
Feb 2029 6039.54 178.37 6217.91 36769.36
Mar 2029 6064.70 153.21 6217.91 30704.66
Apr 2029 6089.97 127.94 6217.91 24614.69
May 2029 6115.35 102.56 6217.91 18499.34
Jun 2029 6140.83 77.08 6217.91 12358.51
Jul 2029 6166.42 51.49 6217.91 6192.09
Aug 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.