EMI Calculator
Calculate Equated Monthly Installment (EMI) for loans. Get instant amortization details and payment breakdowns.
₹
₹10K₹1Cr
%
0%30%
1 month30 years
Enter loan details to calculate EMI
How EMI is Calculated:
EMI = [P × R × (1+R)^N] / [(1+R)^N – 1]
- • P = Principal loan amount
- • R = Monthly interest rate (Annual rate ÷ 12 ÷ 100)
- • N = Number of monthly installments