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EMI Calculator

Estimate monthly loan EMI, total interest and total repayment using the standard reducing-balance formula.

Loan amount (₹)

Annual interest rate (%)

Tenure (years)

₹0

Monthly EMI

What does EMI mean?

EMI stands for Equated Monthly Instalment. It is the regular payment used to repay a loan over a chosen tenure. Each payment contains both principal and interest; the proportions change over the repayment period.

This calculator is an estimate. Actual lender schedules can differ because of fees, dates, rate changes and other terms.