Use this calculator to calculate and plan your EMI and loan amount for car loans, home loans, personal loans, and more.
The EMI value for your loan is mostly determined by the interest rate and loan period. However, the method by which you pay your EMIs has an impact on the amount you pay. Some financial institutions require you to make an EMI payment at the time the loan is disbursed, while others enable you to begin an EMI the following month. However, your interest computations start with disbursements.
Please keep in mind that the actual EMI and loan schedule may vary depending on the additional features offered by your bank/financial institution. For example, some banks offer a pre-payment feature. Some banks make money available in lending accounts but only charge interest when you withdraw it. You can check with the bank to obtain the best loan for you.
Quick EMI Calculator
Month | Outstanding Principal at end (₹) | EMI Payment (₹) | Interest Payment (₹) | Principal Payment (₹) |
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