Loan Calculator
Calculate your loan EMI and find the perfect loan amount that fits your budget
Smart Borrowing Tips
Compare Interest Rates
Always compare rates from multiple lenders to get the best deal
Check Your Credit Score
A good credit score can help you get lower interest rates
Plan Your Repayment
Ensure you can comfortably afford the EMI before applying
How EMI is Calculated
Your Equated Monthly Installment (EMI) is calculated using the formula:
EMI = [P × R × (1+R)^N] / [(1+R)^N - 1]
P = Principal loan amount
R = Monthly interest rate
N = Number of monthly installments
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