Loan Calculator - Get your EMI
Using this calculator, you can find out just how much that new car or any asset you want to buy with a loan is going to cost you each month (EMI). Enter values in the fields below to find out how much your payments would be with the given number of payments, interest rate, and amount of the loan.
Note:
Bank loans are in tenures of 12, 24, 36, 48 or 60 Months
Interest rate prevalent currently is around 17% (just enter 17)
Enter Principal amount in figures without comma (e.g. 500000)
# of
Payments
Interest
Rate
Principal
Monthly
payment
Mths
%
Rs.

The Loan Calculator helps you quickly find out your Equated Monthly Installment
The results are near accurate for the popular EMI in arrears Margin Money Scheme