Loan / EMI Calculator

EMI (Equated Monthly Installment) is the fixed amount you'd pay each month toward a loan, combining both principal and interest into one consistent payment over the loan's term. This calculator works out that monthly figure based on the loan amount, interest rate, and repayment period you enter.

The calculation uses standard amortized loan interest formulas — the same math lenders themselves use — so the figure you see here reflects a realistic estimate of what an equivalent loan's monthly payment would actually be.