Car On-Road Price & EMI Calculator 2026
Calculate exact car on-road price in India including Ex-Showroom, RTO Road Tax, Insurance, TCS, and Monthly Loan EMI.
Car & Loan Inputs
10%
Estimated Total On-Road Price₹11,37,500
Monthly Car Loan EMI₹19,234 / month
For loan amount of ₹9,37,500 over 5 years
Ex-Showroom Price₹10,00,000
RTO / Road Tax₹1,00,000
Insurance (OD + 3-Yr TP)₹35,000
Total Loan Interest₹2,16,540
On-Road Cost Components & Breakdown
| Cost Head | Details / Description | Amount (₹) |
|---|---|---|
| Ex-Showroom Price | Base manufacturer cost including GST and cess | ₹10,00,000 |
| RTO Registration / Road Tax | State Road Tax (10%) for PETROL | ₹1,00,000 |
| Motor Insurance | 1-Year Own Damage + 3-Year Third Party mandatory cover | ₹35,000 |
| FASTag & Registration Fees | Number plate, FASTag issuance, and registration logistics | ₹2,500 |
| Total On-Road Price | Ex-showroom + RTO + Insurance + TCS + FASTag | ₹11,37,500 |
Total Ownership Outlay Breakdown
Mathematical Formula & Calculation Method
On-Road Price Formula:
On-Road = Ex-Showroom + RTO Tax + Insurance + TCS + FASTag/Registration
Car Loan EMI Formula:
EMI = [P × r × (1 + r)^n] / [(1 + r)^n - 1]
Where P = Loan Amount (On-Road - Down Payment), r = Monthly Rate (Annual / 12 / 100), n = Tenure in Months.
Authoritative Sources & Regulatory References
- Ministry of Road Transport & Highways (MoRTH) Parivahan Portal — Official motor vehicle registration fees & state road tax guidelines under Motor Vehicles Act, 1988.
- Income Tax Department of India (Sec 206C 1F) — Statutory 1% TCS compliance rules on luxury motor vehicle sales exceeding ₹10 Lakhs.
- Insurance Regulatory and Development Authority of India (IRDAI) — Mandatory 3-year Third-Party motor insurance framework.