[ FINANCIAL UTILITY ]
Loan EMI Calculator.
Enter your loan amount, interest rate, and tenure to instantly compute your Equated Monthly Installment. All calculations run client-side — your data never leaves your browser.
₹
₹50K ₹10Cr
%
1% 30%
Yrs
1 Year 30 Years
Monthly EMI
₹0
Per Month
[ Payment Breakdown ]
Total
₹0
Principal
₹0 Interest
₹0 Total Payment
₹0
Interest %
0%
Total Months
0
How EMI Is Calculated.
EMI = [P × R × (1+R)^N] / [(1+R)^N – 1]
Where P is the Principal Loan Amount, R is the monthly interest rate (annual rate ÷ 12 ÷ 100), and N is the total number of monthly installments (tenure in years × 12).
This standard reducing-balance formula is used by all major banks and NBFCs in India for home loans, personal loans, car loans, and business financing.