EMI Calculator
Calculate your Equated Monthly Installment for loans
Enter Loan Details
₹
Enter the total loan amount
%
Enter the annual interest rate
Months
Enter the loan tenure in months
Calculation Results
Enter loan details and click Calculate EMI to see results
About EMI Calculator
An EMI (Equated Monthly Installment) calculator helps you determine the monthly payment amount for a loan based on the principal amount, interest rate, and loan tenure. This tool is essential for planning your finances before taking any loan.
EMI Formula
EMI = [P x R x (1+R)^N] / [(1+R)^N-1]
Where: P = Principal loan amount, R = Monthly interest rate, N = Loan tenure in months