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Loan / EMI Calculator

Enter the loan amount, annual interest rate and term to see your monthly instalment and total interest.

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How EMI is calculated

This uses the standard reducing-balance EMI formula: EMI = P × r × (1+r)^n / ((1+r)^n − 1), where P is principal, r is the monthly interest rate, and n is the number of monthly instalments. Figures are estimates — your lender's exact terms may differ.