Calculate your monthly EMI easily by entering loan amount, interest rate, and tenure. This EMI Calculator also shows total payment and total interest payable.
EMI (Equated Monthly Installment) is a fixed amount paid by a borrower to a lender each month until a loan is repaid. It includes both principal and interest, making loan repayment structured and easy to manage.
Where P = Loan Amount, r = Monthly Interest Rate, n = Loan Tenure in Months