Plan a loan before you sign: monthly EMI with a full amortization schedule, how much a prepayment saves, how much you are eligible for, plus FD maturity and GST. Free, no signup, nothing stored.
EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1), where P is the loan amount, r is the monthly interest rate (annual rate ÷ 12 ÷ 100) and n is the number of monthly instalments. Every EMI calculator here uses this standard reducing-balance formula.
Rates change often and depend on your credit score, income and loan amount, so a number on our page can easily be out of date. Ask your bank for the rate offered to you and enter it in the calculator.
The EMI and interest figures are exact for the amount, rate and tenure you enter. Your bank’s final figures can differ slightly because of processing fees, insurance, rounding or the date your EMI starts.