Car Loan Calculator in Surat — Gujarat Rates 2026
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Quick Answer
Car loan rates in Surat start at ~8.5% p.a. at major banks. Road tax in Gujarat is approximately 5–9% of the ex-showroom price. On a ₹10L car with a 5-year loan at 9%, the monthly EMI is ~₹20,758. Use the calculator to model your exact car loan scenario.
Monthly EMI
₹16,607
Total Interest
₹1,96,401
Total Payment
₹9,96,401
Car loan rates typically range 8.5%–12% p.a. depending on lender, credit score, and car type. Down payment (10–20%) reduces loan amount and total interest significantly.
Surat — GujaratRates & Data
| Parameter | Value |
|---|---|
| State | Gujarat |
| Road Tax (approx) | 5–9% |
| Typical Car Loan Rate | 8.5–12% p.a. |
| Max Tenure | 7 years |
Frequently Asked Questions — Surat
How does Car Loan Calculator work for Surat?
The Car Loan Calculator for Surat uses Gujarat state-specific data where applicable — including stamp duty rates (4.9% male / 4.9% female) and registration charges (1%). Enter your specific values in the calculator above for an accurate result.
Are rates different in Surat compared to other cities in Gujarat?
Stamp duty and registration charges are set at the state level in India, so Surat follows the same Gujarat rates as other cities in the state. However, circle rates (minimum property valuations), municipal taxes, and local service costs differ by city. The calculator uses standardised Gujarat rates for Surat.