Understanding Your EMI
An Equated Monthly Installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. Use our calculator to plan your:
Home Loan
Long tenure loans (15-30 years). Small interest rate changes impact total amount significantly.
Car Loan
Medium tenure (3-7 years). Usually higher interest rates than home loans.
Personal Loan
Short tenure (1-5 years). High interest rates. Good for quick funding needs.