← Loans
EMI Calculator
Move the sliders to see your monthly EMI instantly.
₹
₹10,000₹50,00,000
%
8%30%
Mo
6 months84 months
Monthly EMI
₹9,415
for 24 months
- Principal
- ₹2,00,000
- Interest
- ₹25,960
- Total Payable
- ₹2,25,960
About EMI
How is EMI calculated?
EMI = P × r × (1 + r)^n / ((1 + r)^n − 1), where P is the loan amount, r is the monthly interest rate and n is the tenure in months.
Does a longer tenure reduce my EMI?
Yes — a longer tenure lowers the monthly EMI, but you pay more interest over the life of the loan.
Are these figures final?
No. Results are indicative. Your actual rate and EMI depend on your credit profile and the lender’s assessment.