EMI Calculator
Plan your repayment with confidence.
Enter a loan amount, interest rate and tenure to see your monthly EMI, the total interest you would pay and how each instalment reduces your balance.
Your monthly EMI
/ month
0%
interest
- Principal amount
- ₹0
- Total interest
- ₹0
- Total payment
- ₹0
Repayment summary
How each EMI is split between principal and interest, and what remains to be repaid.
First EMI: principal₹0
First EMI: interest₹0
Half the principal repaid by—
Number of EMIs0
| Month | Principal | Interest | Balance |
|---|
How your EMI is calculated
We use the standard reducing-balance formula used for most loans in India.
EMI =
P × r × (1 + r)n
(1 + r)n − 1
- P
- Loan amount (principal)
- r
- Monthly interest rate (annual rate ÷ 12 ÷ 100)
- n
- Tenure in months
Need help understanding your options?
Talk to a financial consultant. Share your requirement and our team will guide you on suitable options and next steps.