Loan EMI Calculator
Calculate your monthly EMI and view detailed amortization schedule
Loan Details
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How can an online EMI calculator help you?
The number of credit accounts is growing at an even higher CAGR of 28% and has reached 107 million accounts at the end of FY18.
Regardless of the type of loan you want to avail of, be it a secured or unsecured advance, it is paramount that you know how much monthly instalment you have to make before you avail it. That is where an EMI calculator in India can be immensely helpful.
It helps you get an accurate estimate of your EMI amount so that you can plan your finances accordingly. Make sure that your debt-to-income ratio is below 50% to maximize your chances of loan approval.
Key Benefits:
- Saves valuable time: You don't have to do complex calculations manually, which can be quite time-consuming.
- Eliminates miscalculation: It eliminates any chance of a miscalculation, providing you with an accurate estimate every time.
- Highly specific: It is highly specific for each type of loan. The EMI breakup of a home loan, for example, is different from that of a personal loan.