Loan calculator
Estimate your monthly EMI
Adjust the loan amount, interest rate and tenure to see your estimated monthly instalment and how the loan is repaid over time.
₹
₹10K₹10,00,000₹2 Cr
%
0%10%36%
Loan tenure
yrs
1 yr5 years30 yrs
Your estimated monthly EMI
₹21,247
- Principal amount
- ₹10,00,000
- Total interest
- ₹2,74,823
- Total amount payable
- ₹12,74,823
Figures are estimates for planning only. Actual EMI, rate and charges are set by the lender and may differ.
Year-by-year repayment
Year 1
- Principal
- ₹1,62,268
- Interest
- ₹92,696
- Balance
- ₹8,37,732
Year 2
- Principal
- ₹1,79,260
- Interest
- ₹75,705
- Balance
- ₹6,58,472
Year 3
- Principal
- ₹1,98,031
- Interest
- ₹56,934
- Balance
- ₹4,60,442
Year 4
- Principal
- ₹2,18,767
- Interest
- ₹36,198
- Balance
- ₹2,41,675
Year 5
- Principal
- ₹2,41,675
- Interest
- ₹13,290
- Balance
- ₹0
How is EMI calculated?
EMI (Equated Monthly Instalment) is worked out using the standard reducing-balance formula: EMI = P × r × (1 + r)ⁿ ÷ ((1 + r)ⁿ − 1), where P is the loan amount, r is the monthly interest rate and n is the number of months.
Want help understanding your options?
The calculator gives an estimate only. Talk to our team to understand the options that may suit your requirement. Send an enquiry.