FINANCIAL CALCULATOR

Calculate Your Loan EMI in Seconds

Get a quick estimate of your monthly repayment, total interest and total payable amount before planning your loan.

Quick calculation Easy to understand Plan with confidence
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₹50,000 ₹50 Lakh
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You can adjust the amount, rate and tenure to compare different scenarios.

ESTIMATED REPAYMENT

Your EMI

MONTHLY EMI ₹10,747 per month
Principal Amount ₹5,00,000
Total Interest ₹1,45,000
Total Payable ₹6,45,000
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* This is an indicative calculation. Actual EMI may vary depending on the lender, interest rate, fees and applicable terms.

Know Where Your Money Goes

Your EMI generally consists of two components: repayment of the principal amount and interest charged on the loan.

01

Principal

The original amount borrowed from the lender is called the principal amount.

02

Interest

Interest is the cost charged by the lender for providing the loan amount.

03

Total Repayment

The total amount paid over the complete tenure includes both principal and interest.

How Is EMI Calculated?

EMI for a reducing-balance loan can be estimated using the standard formula below.

EMI = P × r × (1 + r)n (1 + r)n − 1
P = Principal loan amount r = Monthly interest rate n = Number of monthly instalments
Easy to calculate
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Know Your EMI. Plan Your Loan.

Once you have an estimate, explore your loan options and begin your enquiry.