EMI Calculator – Calculate Loan EMI Online
Calculate your monthly loan EMI using this free EMI calculator. It helps you estimate EMI for home loans, car loans, personal loans, and education loans based on interest rate and tenure.
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Loan Amount (₹)500000
Interest Rate (% p.a.)8.5
Loan Tenure (Years)20
Monthly EMI
₹ 4339
Principal Amount₹ 500,000
Total Interest₹ 541388
Total Amount Payable₹ 1041388
PrincipalInterest
How EMI Calculator Works
EMI (Equated Monthly Installment) is the fixed monthly payment you make to repay a loan. This EMI calculator uses the standard reducing balance formula followed by banks and NBFCs in India.
By adjusting the loan amount, interest rate, or tenure, you can instantly compare EMI values and plan your loan repayment better.
Disclaimer
This EMI calculator is for informational purposes only. Actual EMI may vary depending on lender policies, processing fees, and rounding methods. Please confirm final loan details with your bank or lender.