EMI Calculator

Our EMI (Equated Monthly Installment) calculator helps you plan your loan repayments effectively. Whether you are considering a home loan, car loan, personal loan, or education loan, this tool instantly shows your monthly payment obligations.

Enter your loan amount in rupees, the annual interest rate offered by your bank, and the loan tenure in months. Click "Calculate EMI" to see your monthly payment, total interest payable, and the complete amount you will pay over the loan period.

The calculator uses the standard EMI formula: EMI = P × R × (1+R)^N / ((1+R)^N - 1), where P is principal, R is monthly interest rate, and N is number of months. All calculations happen instantly in your browser.

Use this tool to compare different loan offers, understand the impact of interest rates on your payments, or determine what loan amount fits your budget. Perfect for financial planning before taking any major loan.