🗞️ India news, every morning🏛️ Govt scheme & job alerts✈️ Best places to visit this season🧮 Free EMI, GST & SIP calculators📚 Daily GK & current affairs💰 Finance explained simply🗞️ India news, every morning🏛️ Govt scheme & job alerts✈️ Best places to visit this season🧮 Free EMI, GST & SIP calculators📚 Daily GK & current affairs💰 Finance explained simply

EMI Calculator

Work out your monthly loan installment in seconds.

Loan amount (₹)Interest rate (% per year)Tenure (years)

Monthly EMI₹0

Total Interest₹0

Total Payment₹0

How EMI is calculated

EMI (Equated Monthly Installment) uses the formulaEMI = P × r × (1+r)^n / ((1+r)^n − 1), where P is the loan principal, r is the monthly interest rate, and n is the number of monthly installments. This calculator applies that formula directly in your browser — nothing is sent to a server.