Calculate Your Loan EMI

Plan your finances with our powerful EMI calculator featuring complete amortization schedule.

Rates from

8.5%

Loans up to

₹50L

Tenure up to

7 Years

Loan Details

Loan Amount

₹50K₹50L

Interest Rate (p.a.)

5%30%

Loan Tenure

months

6 months30 years

Quick Tenure Presets:

Monthly EMI

₹16,607

for 36 months at 12% p.a.

Principal

₹5.00L

Total Interest

₹97.9K

Total Payable

₹5.98L

Payment Breakdown

Principal (83.6%)

Interest (16.4%)

Understanding the mathematics behind your loan payments

EMI (Equated Monthly Installment) is calculated using the reducing balance method:

EMI = [P × R × (1+R)^N] / [(1+R)^N - 1]

Principal loan amount

Monthly interest rate (Annual rate ÷ 12 ÷ 100)

Loan tenure in months

Ready to get your loan approved?