Plan your budget
Estimate your monthly EMI.
Adjust the loan amount, interest rate and tenure to estimate a monthly loan repayment.
This calculator provides an estimate using a standard
reducing-balance EMI formula. Actual lender offers, fees, taxes and terms may differ. This is not a
loan offer or financial advice.
Loan details
Enter your estimates
Use the interest rate and tenure quoted by your bank or lender for a more relevant estimate.
Your estimate
Estimated monthly EMI
₹21,696
Principal amount
₹25,00,000Estimated total interest
₹27,87,000Estimated total repayment
₹52,87,000How is EMI calculated?
The standard formula is EMI = P × r × (1 + r)n ÷ ((1 + r)n − 1), where P is the principal, r is the monthly interest rate and n is the total number of monthly payments. At 0% interest, EMI is principal divided by the number of months.