EMI Calculator

Example Cases

Loan AmountInterest RateTenureMonthly EMITotal Interest
₹10,00,0008.5%5 years₹20,621₹2,37,260
₹25,00,0009.5%10 years₹32,746₹14,29,520

Understanding EMI Calculation

EMI (Equated Monthly Installment) is the fixed amount you pay monthly towards your loan. It includes both principal and interest components.

Factors affecting EMI:

  • Principal amount - The loan amount you borrow
  • Interest rate - Annual interest rate on your loan
  • Tenure - Duration of the loan in years

Pro Tips:

  • Higher down payment reduces your EMI
  • Longer tenure means lower EMI but higher total interest
  • Compare different lenders for better interest rates

Need Help with Your Loan?

Personal Loan

Get quick personal loans with minimal documentation and competitive interest rates.

→ Starting from 10.5% p.a

→ Instant approval

→ Flexible tenure

Home Loan

Make your dream home a reality with our affordable home loan options.

→ Starting from 8.5% p.a

→ Up to 30 years tenure

→ Maximum funding

Business Loan

Expand your business with collateral-free business loans.

→ Starting from 11% p.a

→ Minimum documentation

→ Quick disbursement

Loan Process Overview

1

Application

Submit your basic details and loan requirements

2

Documentation

Provide necessary documents for verification

3

Verification

Quick verification of your documents

4

Disbursement

Loan amount credited to your account

Have Questions?

Our loan experts are here to help you with any queries about loans and EMIs.

1800-XXX-XXXX
support@assistpedia.com