EMI (Equated Monthly Installment) is the fixed monthly payment made to repay a loan.

How is EMI calculated?

EMI = [P × R × (1+R)^N] / [(1+R)^N - 1], where P=principal, R=monthly rate, N=tenure months.

Calculators

EMI Calculator

Calculate monthly EMI for loans with principal, rate, and tenure.

PrivateInstantBrowser based

Loan Amount (₹)

Annual Interest Rate (%)

Loan Tenure

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