EMI Calculator

Calculate your loan EMI instantly

10,00,000
1L10L1Cr10Cr
8.5%
0%15%30%
%
60 Months
1180360

Monthly EMI

₹20,516.53

Principal Amount
₹10,00,000.00
Total Interest
₹2,30,991.88
Total Payment₹12,30,991.88
Principal (81%)Interest (19%)

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About EMI Calculator

EMI (Equated Monthly Installment) is the fixed payment amount made by a borrower to a lender at a specified date each month. The calculation uses the formula: EMI = [P × R × (1+R)^N] / [(1+R)^N - 1].

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