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Know your EMI before you apply.

See your monthly instalment, total interest and full repayment schedule instantly. Try what-if scenarios like a shorter tenure or an extra monthly payment.

Calculate now Browse the glossary

Loan calculator

Your monthly repayment.

Choose a loan amount, interest rate and tenure, or start from a common loan type. Add a processing fee or an extra monthly payment to see the full picture.

Start from:

Loan amount

₹

₹50K₹2 Cr

Interest rate (per year)

1%30%

Loan tenure

yrs

1 yr30 yrs

Processing fee optional

GST @ 18% is added on the fee

Extra monthly payment optional

₹

Shows prepayment savings

YOUR MONTHLY EMI₹0for 60 months

Interest0%

Principal₹0
Total interest₹0
Fee + GST₹0

Your first EMI splits into

InterestPrincipal

Total payable₹0

Illustration only. Actual rate, fees and terms are set by the lender.

Year-wise repayment

PrincipalInterest

Early years pay mostly interest. Over time more of each EMI goes to principal.

What if you prepay?

Add an extra monthly payment in the calculator to see how much interest and time you could save.

Repayment schedule

See how each payment splits into principal and interest.

Borrow smartly

Four ways to lower what you pay.

Pick the shortest tenure you can afford

A longer tenure lowers the EMI but raises total interest.

Prepay when you can

Even a small extra payment can cut interest or shorten the loan. Check for prepayment charges first.

Compare total cost, not just the rate

Processing fees, GST and other charges change what you actually pay.

Keep the EMI comfortable

Consider your other monthly obligations before you commit. Lenders look at this too, as FOIR.

How it works

What goes into an EMI.

An EMI is the same amount every month, but its make-up changes. In the early months most of it is interest. Over time more of each payment reduces the principal.

PrincipalThe amount you borrow.
InterestThe cost of borrowing, charged on the outstanding balance.
TenureThe number of months you take to repay.

Please note

This calculator gives indicative figures for planning and education only. Actual EMI, rate, fees, GST and other charges are set by the lender partner based on your profile and are shown before you accept a loan. Nothing here is an offer of credit, financial advice or a guarantee of approval.

Questions

EMI calculator FAQs.

Need actual terms?

Send an enquiry and the right team will assess your needs.

How is an EMI calculated?

It depends on the loan amount, the interest rate and the tenure. The calculator applies the standard reducing-balance formula to show your monthly EMI, total interest and total payable.

Does a longer tenure save money?

It lowers the monthly EMI but you pay interest for longer, so the total cost is higher. A shorter tenure raises the EMI and reduces total interest.

Are fees included?

Only if you add them. Enter a processing fee percentage and the calculator adds 18% GST on it to the total payable. Other charges depend on the lender and are shown in your loan terms.

How does an extra monthly payment help?

Paying a little more each month reduces the outstanding balance faster, so you pay less interest and finish earlier. Check with your lender that part-prepayment is allowed and whether any charges apply.

Can I download the schedule?

Yes. Share your name and mobile number to unlock the repayment schedule, then use Download CSV to save the month-by-month breakdown to a spreadsheet.

Are these my actual loan terms?

No. The calculator gives an estimate for planning. The rate, fees and tenure you are offered are set by the lender partner based on your profile, and are shown before you accept.

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