EMI Calculator

Move the sliders to estimate your monthly instalment instantly — no sign-up required.

Loan Details

₹5,00,000
11.0% p.a.
5 years
This is an indicative estimate. Actual EMI, interest rate and eligibility depend on the lender's assessment of your profile.
Estimated
Monthly EMI
₹0
0%
Share of total interest
Principal Amount₹0
Total Interest Payable₹0
Total Amount Payable₹0
Good to Know

How Your EMI Is Calculated

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The Formula

EMI = P × r × (1+r)ⁿ ÷ [(1+r)ⁿ − 1], where P is principal, r is the monthly interest rate, and n is the number of monthly instalments.

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Rate Matters

Even a 1% difference in interest rate can change your total repayment by a meaningful amount over a long tenure.

Tenure Trade-off

Longer tenures lower your monthly EMI but increase the total interest you'll pay over the life of the loan.