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Understanding EMI

Everything you need to know about Equated Monthly Installments

What is EMI?

EMI (Equated Monthly Installment) is a fixed payment amount made by a borrower to a lender at a specified date each month to repay a loan over time.

Home Loans

Calculate EMI for your dream home with flexible tenure options ranging from 5 to 30 years and competitive interest rates.

Car Loans

Plan your vehicle purchase with accurate EMI calculations. Get instant estimates for new and used car financing options.

Personal Loans

Need quick funds? Calculate EMI for personal loans with flexible repayment options for weddings, education, medical, and more.

EMI Components

Your EMI consists of two parts: Principal (loan amount) and Interest. Early payments have higher interest, later ones have more principal.

Smart Planning

Lower interest rates and shorter tenure reduce total interest paid. Use our calculator to find the perfect balance for your budget.