EMI Calculator

Your EMI (Equated Monthly Instalment) is calculated using the standard loan amortization formula, which splits each fixed monthly payment between interest (on the outstanding balance) and principal, so that the loan is fully paid off over the chosen tenure. Total interest payable is the sum of all EMIs paid minus the original loan amount. The figures shown are illustrative estimates at a constant interest rate — actual bank EMIs may vary slightly with processing conventions and rate resets on floating-rate loans, and this tool does not constitute financial advice.