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🏦 EMI & Loan Calculator

Enter the loan amount, rate and tenure to see your monthly installment (EMI), the total interest or profit, and the total you will repay. For bank, car and personal loans — always worth checking before you sign.

How to use the EMI & Loan Calculator

  1. Enter the loan amount (Rs).
  2. Enter the yearly interest or profit rate (%).
  3. Enter the tenure — in months or years — and press Calculate.
Example: A loan of Rs 1,00,000 at 10% per year for 12 months gives a monthly installment of Rs 8,791.59, with total interest of Rs 5,499.08.

Frequently Asked Questions

What is EMI?

EMI (Equated Monthly Installment) is the fixed amount you pay every month until the loan ends — part principal, part interest/profit.

Does this work for Islamic (interest-free) financing?

If your financing gives a total payable amount, enter the profit rate that matches it — the installment math is the same. Ask your bank for the exact rate.

What if the interest rate is 0%?

Enter 0 — the calculator simply divides the amount by the number of months.

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