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EMI Calculator

EMI Calculator India

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Personal Loan Output

Monthly EMI₹43,391
Principal₹50,00,000
Interest₹54,13,879
Fees & Charges₹75,000
Total Cost₹1,04,88,879

Want to save money?

Compare this loan with an Overdraft facility. Paying slightly more than the EMI can save huge interest.

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MonthPrincipalInterestBalance
1₹7,974₹35,417₹49,92,026
2₹8,031₹35,360₹49,83,995
3₹8,088₹35,303₹49,75,907
4₹8,145₹35,246₹49,67,762
5₹8,203₹35,188₹49,59,559
6₹8,261₹35,130₹49,51,298
7₹8,319₹35,072₹49,42,978
8₹8,378₹35,013₹49,34,600
9₹8,438₹34,953₹49,26,162
10₹8,498₹34,894₹49,17,665
11₹8,558₹34,833₹49,09,107
12₹8,618₹34,773₹49,00,489
13₹8,679₹34,712₹48,91,809
14₹8,741₹34,650₹48,83,068
15₹8,803₹34,588₹48,74,266
16₹8,865₹34,526₹48,65,400
17₹8,928₹34,463₹48,56,473
18₹8,991₹34,400₹48,47,481
19₹9,055₹34,336₹48,38,427
20₹9,119₹34,272₹48,29,308
21₹9,184₹34,208₹48,20,124
22₹9,249₹34,143₹48,10,875
23₹9,314₹34,077₹48,01,561
24₹9,380₹34,011₹47,92,181
25₹9,447₹33,945₹47,82,735
26₹9,513₹33,878₹47,73,221
27₹9,581₹33,810₹47,63,640
28₹9,649₹33,742₹47,53,992
29₹9,717₹33,674₹47,44,275
30₹9,786₹33,605₹47,34,489
31₹9,855₹33,536₹47,24,633
32₹9,925₹33,466₹47,14,708
33₹9,995₹33,396₹47,04,713
34₹10,066₹33,325₹46,94,647
35₹10,137₹33,254₹46,84,510
36₹10,209₹33,182₹46,74,300
37₹10,282₹33,110₹46,64,019
38₹10,354₹33,037₹46,53,665
39₹10,428₹32,963₹46,43,237
40₹10,502₹32,890₹46,32,735
41₹10,576₹32,815₹46,22,159
42₹10,651₹32,740₹46,11,508
43₹10,726₹32,665₹46,00,782
44₹10,802₹32,589₹45,89,980
45₹10,879₹32,512₹45,79,101
46₹10,956₹32,435₹45,68,145
47₹11,033₹32,358₹45,57,112
48₹11,112₹32,280₹45,46,000
49₹11,190₹32,201₹45,34,810
50₹11,270₹32,122₹45,23,540
51₹11,349₹32,042₹45,12,191
52₹11,430₹31,961₹45,00,761
53₹11,511₹31,880₹44,89,250
54₹11,592₹31,799₹44,77,658
55₹11,674₹31,717₹44,65,983
56₹11,757₹31,634₹44,54,226
57₹11,840₹31,551₹44,42,386
58₹11,924₹31,467₹44,30,462
59₹12,009₹31,382₹44,18,453
60₹12,094₹31,297₹44,06,359
61₹12,179₹31,212₹43,94,180
62₹12,266₹31,125₹43,81,914
63₹12,353₹31,039₹43,69,561
64₹12,440₹30,951₹43,57,121
65₹12,528₹30,863₹43,44,593
66₹12,617₹30,774₹43,31,976
67₹12,706₹30,685₹43,19,270
68₹12,796₹30,595₹43,06,473
69₹12,887₹30,504₹42,93,586
70₹12,978₹30,413₹42,80,608
71₹13,070₹30,321₹42,67,538
72₹13,163₹30,228₹42,54,375
73₹13,256₹30,135₹42,41,119
74₹13,350₹30,041₹42,27,769
75₹13,444₹29,947₹42,14,325
76₹13,540₹29,851₹42,00,785
77₹13,636₹29,756₹41,87,150
78₹13,732₹29,659₹41,73,417
79₹13,829₹29,562₹41,59,588
80₹13,927₹29,464₹41,45,661
81₹14,026₹29,365₹41,31,634
82₹14,125₹29,266₹41,17,509
83₹14,225₹29,166₹41,03,284
84₹14,326₹29,065₹40,88,957
85₹14,428₹28,963₹40,74,530
86₹14,530₹28,861₹40,60,000
87₹14,633₹28,758₹40,45,367
88₹14,736₹28,655₹40,30,630
89₹14,841₹28,550₹40,15,790
90₹14,946₹28,445₹40,00,844
91₹15,052₹28,339₹39,85,792
92₹15,158₹28,233₹39,70,633
93₹15,266₹28,125₹39,55,367
94₹15,374₹28,017₹39,39,993
95₹15,483₹27,908₹39,24,511
96₹15,593₹27,799₹39,08,918
97₹15,703₹27,688₹38,93,215
98₹15,814₹27,577₹38,77,401
99₹15,926₹27,465₹38,61,475
100₹16,039₹27,352₹38,45,435
101₹16,153₹27,239₹38,29,283
102₹16,267₹27,124₹38,13,016
103₹16,382₹27,009₹37,96,633
104₹16,498₹26,893₹37,80,135
105₹16,615₹26,776₹37,63,520
106₹16,733₹26,658₹37,46,787
107₹16,851₹26,540₹37,29,936
108₹16,971₹26,420₹37,12,965
109₹17,091₹26,300₹36,95,874
110₹17,212₹26,179₹36,78,662
111₹17,334₹26,057₹36,61,328
112₹17,457₹25,934₹36,43,871
113₹17,580₹25,811₹36,26,291
114₹17,705₹25,686₹36,08,586
115₹17,830₹25,561₹35,90,755
116₹17,957₹25,435₹35,72,799
117₹18,084₹25,307₹35,54,715
118₹18,212₹25,179₹35,36,503
119₹18,341₹25,050₹35,18,162
120₹18,471₹24,920₹34,99,691
121₹18,602₹24,789₹34,81,089
122₹18,733₹24,658₹34,62,356
123₹18,866₹24,525₹34,43,490
124₹19,000₹24,391₹34,24,490
125₹19,134₹24,257₹34,05,356
126₹19,270₹24,121₹33,86,086
127₹19,406₹23,985₹33,66,679
128₹19,544₹23,847₹33,47,136
129₹19,682₹23,709₹33,27,453
130₹19,822₹23,569₹33,07,632
131₹19,962₹23,429₹32,87,670
132₹20,104₹23,288₹32,67,566
133₹20,246₹23,145₹32,47,320
134₹20,389₹23,002₹32,26,931
135₹20,534₹22,857₹32,06,397
136₹20,679₹22,712₹31,85,718
137₹20,826₹22,566₹31,64,892
138₹20,973₹22,418₹31,43,919
139₹21,122₹22,269₹31,22,797
140₹21,271₹22,120₹31,01,526
141₹21,422₹21,969₹30,80,104
142₹21,574₹21,817₹30,58,530
143₹21,727₹21,665₹30,36,804
144₹21,880₹21,511₹30,14,923
145₹22,035₹21,356₹29,92,888
146₹22,192₹21,200₹29,70,696
147₹22,349₹21,042₹29,48,347
148₹22,507₹20,884₹29,25,840
149₹22,666₹20,725₹29,03,174
150₹22,827₹20,564₹28,80,347
151₹22,989₹20,402₹28,57,358
152₹23,152₹20,240₹28,34,207
153₹23,316₹20,076₹28,10,891
154₹23,481₹19,910₹27,87,410
155₹23,647₹19,744₹27,63,763
156₹23,815₹19,577₹27,39,949
157₹23,983₹19,408₹27,15,966
158₹24,153₹19,238₹26,91,813
159₹24,324₹19,067₹26,67,489
160₹24,496₹18,895₹26,42,992
161₹24,670₹18,721₹26,18,322
162₹24,845₹18,546₹25,93,477
163₹25,021₹18,370₹25,68,457
164₹25,198₹18,193₹25,43,259
165₹25,376₹18,015₹25,17,882
166₹25,556₹17,835₹24,92,326
167₹25,737₹17,654₹24,66,589
168₹25,919₹17,472₹24,40,670
169₹26,103₹17,288₹24,14,566
170₹26,288₹17,103₹23,88,278
171₹26,474₹16,917₹23,61,804
172₹26,662₹16,729₹23,35,143
173₹26,851₹16,541₹23,08,292
174₹27,041₹16,350₹22,81,251
175₹27,232₹16,159₹22,54,019
176₹27,425₹15,966₹22,26,594
177₹27,619₹15,772₹21,98,974
178₹27,815₹15,576₹21,71,159
179₹28,012₹15,379₹21,43,147
180₹28,211₹15,181₹21,14,937
181₹28,410₹14,981₹20,86,526
182₹28,612₹14,780₹20,57,915
183₹28,814₹14,577₹20,29,100
184₹29,018₹14,373₹20,00,082
185₹29,224₹14,167₹19,70,858
186₹29,431₹13,960₹19,41,427
187₹29,639₹13,752₹19,11,788
188₹29,849₹13,542₹18,81,938
189₹30,061₹13,330₹18,51,878
190₹30,274₹13,117₹18,21,604
191₹30,488₹12,903₹17,91,116
192₹30,704₹12,687₹17,60,412
193₹30,922₹12,470₹17,29,490
194₹31,141₹12,251₹16,98,350
195₹31,361₹12,030₹16,66,988
196₹31,583₹11,808₹16,35,405
197₹31,807₹11,584₹16,03,598
198₹32,032₹11,359₹15,71,566
199₹32,259₹11,132₹15,39,306
200₹32,488₹10,903₹15,06,819
201₹32,718₹10,673₹14,74,101
202₹32,950₹10,442₹14,41,151
203₹33,183₹10,208₹14,07,968
204₹33,418₹9,973₹13,74,550
205₹33,655₹9,736₹13,40,895
206₹33,893₹9,498₹13,07,002
207₹34,133₹9,258₹12,72,869
208₹34,375₹9,016₹12,38,494
209₹34,618₹8,773₹12,03,875
210₹34,864₹8,527₹11,69,012
211₹35,111₹8,280₹11,33,901
212₹35,359₹8,032₹10,98,542
213₹35,610₹7,781₹10,62,932
214₹35,862₹7,529₹10,27,070
215₹36,116₹7,275₹9,90,954
216₹36,372₹7,019₹9,54,582
217₹36,630₹6,762₹9,17,952
218₹36,889₹6,502₹8,81,063
219₹37,150₹6,241₹8,43,913
220₹37,413₹5,978₹8,06,500
221₹37,678₹5,713₹7,68,821
222₹37,945₹5,446₹7,30,876
223₹38,214₹5,177₹6,92,662
224₹38,485₹4,906₹6,54,177
225₹38,757₹4,634₹6,15,419
226₹39,032₹4,359₹5,76,387
227₹39,308₹4,083₹5,37,079
228₹39,587₹3,804₹4,97,492
229₹39,867₹3,524₹4,57,625
230₹40,150₹3,242₹4,17,475
231₹40,434₹2,957₹3,77,041
232₹40,720₹2,671₹3,36,321
233₹41,009₹2,382₹2,95,312
234₹41,299₹2,092₹2,54,013
235₹41,592₹1,799₹2,12,421
236₹41,887₹1,505₹1,70,534
237₹42,183₹1,208₹1,28,351
238₹42,482₹909₹85,869
239₹42,783₹608₹43,086
240₹43,086₹305₹0
Total₹50,00,000₹54,13,8790

What is EMI (Equated Monthly Instalment)?

EMI stands for Equated Monthly Instalment. It is the fixed monthly payment you make to a lender to repay a loan over a specific period. Each EMI includes both the principal amount you borrowed and the interest charged on the outstanding balance. EMIs make repayment manageable and predictable, helping you plan your monthly budget.

How Does an EMI Calculator Work?

An online EMI Calculator uses your loan details to compute the monthly EMI instantly. You enter three basic values — the loan amount, the interest rate, and the loan tenure. The calculator then displays your monthly EMI along with the total interest payable over the loan’s life.

  • Input the loan amount you want to borrow.
  • Enter the expected annual interest rate.
  • Select the loan tenure (in months or years).
  • The tool instantly shows your monthly EMI and total repayment.

EMI Calculation Formula

The standard formula used by most EMI calculators is:

EMI = [P × R × (1 + R)N] / [(1 + R)N – 1]
  • P – Principal loan amount (what you borrow).
  • R – Monthly interest rate (annual rate ÷ 12 ÷ 100).
  • N – Loan tenure in months.

This formula calculates the EMI based on compound interest and is used by most online loan calculators.

Types of Loans You Can Calculate EMI For

  • Personal Loan EMI Calculator — for personal loans like travel, medical, or debt consolidation.
  • Home Loan EMI Calculator — for long-term housing finance.
  • Car Loan EMI Calculator — for vehicle purchase loans.
  • Education Loan EMI Calculator — for student education finance.
  • Business Loan EMI Calculator — for business financing.
  • Credit Card EMI Calculator — for converting card bills into EMIs.

Why Use an EMI Calculator?

  • Get instant and accurate monthly payment estimates.
  • Plan your repayment and monthly budget efficiently.
  • Compare different loan scenarios by changing inputs.
  • Avoid manual errors in complex calculations.

Factors That Affect Your EMI

  • Loan Amount: Higher principal increases your monthly EMI.
  • Interest Rate: A higher rate increases overall interest and EMI.
  • Loan Tenure: A longer tenure reduces EMI but increases total interest.
  • Credit Score: A better credit profile may help secure a lower interest rate.

Tips to Manage Your Loan EMI

  • Compare multiple interest rates to find the best deal.
  • Consider lengthening tenure to reduce monthly EMI, if affordable.
  • Make periodic prepayments to reduce total interest and shorten the loan term.
  • Use the calculator with realistic loan details for accurate planning.
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Whether you are planning to take a SBI Personal Loan or checking eligibility for HDFC Car Loans, accurate EMI calculation is crucial. Our tool uses the standard reducing balance method used by all major Indian banks including ICICI, Axis, and Kotak Mahindra.

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Dec 12, 2025, 05:37 PM

An Equated Monthly Instalment (EMI)is a fixed monthly payment that you make to a lender to repay a loan over a specified period.

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What is an EMI Calculator?

Dec 12, 2025, 05:36 PM

An EMI Calculator is an online tool that instantly shows the monthly payment (EMI) you must pay for a loan based on your loan amount, interest rate, and tenure.

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