Loan / EMI Calculator
Calculate your monthly loan EMI, total payment and total interest — free loan calculator with a clear breakdown.
Example: 1,000,000 at 12% for 5 years gives about 22,244 per month.
How it works
EMI uses the standard reducing-balance formula, based on loan amount, monthly rate and number of months.
Worked example
1,000,000 at 12% for 5 years gives a monthly EMI of about 22,244.45.
Frequently asked question
Question: Is this an exact bank quote? No, it is an estimate. Banks may add fees and use different rounding.