How much will a ₹10 lakh car loan cost over 3, 5 and 7 years?

A ₹10 lakh car loan at interest rates ranging from 7.55%-14.30% can have monthly EMIs of ₹31,129-₹34,324 over three years, ₹20,062-₹23,424 over five years and ₹15,363-₹18,906 over seven years, according to Livemint. The total interest outgo can range from ₹1.21 lakh to ₹5.88 lakh, depending on the tenure and rate. Longer tenures reduce EMIs but increase the overall borrowing cost.