MiniCalci

Financial Calculators

EMI Calculator

EMI Calculator

Use this standalone EMI calculator to estimate monthly EMI, total interest payable, and total repayment for any loan.

Enter your loan amount

Current Indian Banks loan rate

1 to 360 months

Standalone EMI Calculator

This EMI calculator helps you estimate monthly repayment for personal, vehicle, or other loans. It gives you EMI amount, total interest, and complete repayment summary instantly.

EMI Formula Used

EMI = [P x R x (1+R)N] / [(1+R)N - 1]

  • P: Loan principal
  • R: Monthly interest rate
  • N: Total months

How to Use

  • Enter loan amount.
  • Set annual interest rate.
  • Select loan tenure in months.
  • Calculate and review amortization schedule.
Disclaimer: This calculator is for informational purposes only. Actual returns may vary based on the bank's terms and conditions. Please verify current rates with Indian Banks before making any financial decisions.