EMI Calculator
Work out your monthly loan EMI. Move the sliders to see the EMI, total interest and total payment update instantly.
Monthly EMI
₹15,174
Total interest
₹4,56,720
Total payment
₹14,56,720
- Principal₹10,00,000
- Total interest₹4,56,720
96 monthly EMIs of ₹15,174 at a fixed 10% a year. Processing fees, insurance and rate resets are not included.
Frequently asked questions
How is EMI calculated?
EMI is calculated using the loan amount, interest rate and tenure, so that equal monthly payments fully repay both the principal and the interest by the end of the loan term.
Does a longer tenure reduce my EMI?
Yes, a longer tenure lowers your monthly EMI, but you end up paying more total interest over the life of the loan since interest accrues for longer.
These figures are estimates shown before tax, and are for information only — not investment or financial advice. Actual amounts depend on your bank’s or provider’s exact terms.