EMI Calculator
Calculate your Equated Monthly Installment (EMI) for business loans, MSME loans, and other financing options.
Calculate Your EMI
EMI Calculation Results
₹23,790
Monthly EMI
₹14,27,400
Total Amount Payable
₹4,27,400
Total Interest
Payment Breakdown
Principal Amount
Total Interest
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Understanding EMI Calculation
Learn how EMI is calculated and factors that affect your monthly payments
EMI Formula
EMI = [P × R × (1+R)^N] / [(1+R)^N - 1]
P
Principal Loan Amount
R
Monthly Interest Rate
N
Number of Monthly Installments
Factors Affecting Your EMI
Loan Amount
Higher loan amount increases EMI
Interest Rate
Lower rates mean lower EMI
Loan Tenure
Longer tenure reduces EMI
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