EMI Calculator

Calculate your EMI for your home loan, car loan etc

Tools

Any loan, whether for a house, a personal or vehicle purchase, is frequently described by terms like the principal, rate of interest, and tenure.

When you take out a loan for whatever reason, you must pay it back in equal monthly instalments, or EMIs.

An EMI is a set sum of money that you must consistently pay to your lender in order to pay back the loan.

On a set date each month, this money is often disbursed through check or internet transfer.

Loan Amount: The amount of money you borrow from a bank or financial institution.
Interest Rate: The rate at which the bank or financial institution charges interest on the loan amount.
Loan Tenure: The period for which you take the loan.
Interest Rate Type: The type of interest rate, floating or fixed etc.
Processing Fee: The fee charged by the bank or financial institution for processing the loan.
Prepayment Charges: The charges levied by the bank or financial institution if you repay the loan before the tenure ends.

To calculate the EMI of your loan, you can use the EMI calculator tool available on our website.
You will need to enter the loan amount, interest rate, and tenure in the EMI calculator tool.
The EMI calculator tool will then calculate the EMI of your loan based on the information you provided.
You can use the EMI calculator tool to compare different loan options and choose the one that best suits your needs.