EMI Calculator

Enter your loan amount, interest rate, and tenure to see your monthly EMI instantly.

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How EMI is calculated

EMI stands for Equated Monthly Installment — the fixed amount you repay each month, combining both principal and interest, using the standard reducing-balance formula banks use.

Frequently asked questions

Does this include processing fees? No, this is a pure interest/principal calculation. Add any fees your lender charges separately.