Calculate your EMI, total interest, and payment breakdown easily.
EMI = P × r × (1 + r)^n / ((1 + r)^n − 1), where P is the loan amount, r is the monthly interest rate (annual rate ÷ 12 ÷ 100) and n is the number of monthly instalments.
Yes, a longer tenure lowers the monthly EMI, but you pay more interest over the life of the loan.
It is an estimate. The final EMI depends on the interest rate, fees and tenure your bank approves. Contact us to compare actual offers.
