What is EMI?

EMI (Equated Monthly Installment) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. EMIs are used to pay off both interest and principal each month so that over a specified number of years, the loan is fully paid off along with interest.

Our EMI Calculator helps you calculate your monthly EMI based on the loan amount, interest rate, and loan tenure. Whether you're planning to take a home loan, car loan, or personal loan, this tool makes EMI calculations easy and accurate.