Free Tool
EMI Calculator
Calculate your monthly EMI, total interest payable, and full amortisation schedule for any loan type.
Monthly EMI
₹21K
per month
Total Interest
₹2.9L
Total Payable
₹12.9L
How is EMI Calculated?
EMI (Equated Monthly Instalment) is calculated using the reducing balance method:
P = Principal · r = Monthly rate · n = Tenure (months)
Quick EMI Reference
| Loan Amount | 8.5% / 20yr | 10.5% / 5yr |
|---|---|---|
| ₹5 Lakh | ₹4,339 | ₹10,747 |
| ₹10 Lakh | ₹8,678 | ₹21,494 |
| ₹25 Lakh | ₹21,696 | ₹53,735 |
| ₹50 Lakh | ₹43,391 | ₹1,07,470 |
All calculators and tools
Every tool below runs the same reducing-balance arithmetic as the calculator above, pre-set for a specific loan type, lender or state. Each page shows a worked example, the full amortisation schedule and the eligibility notes that apply to that product.
EMI calculators
Eligibility calculators
Prepayment calculators
Balance transfer calculators
Stamp duty and registration
Bank-specific EMI calculators
Pre-filled with each lender's published starting rate. Rates are indicative and the rate you are offered depends on your profile, credit score and the lender's assessment.
EMI by loan amount
If you already know the amount you want to borrow, these pages open with the monthly figure and then compare it across tenures and rates. Amounts shown are at each product's published starting rate; the rate you are offered depends on your profile.