Tools

How to Use Loan EMI Calculator

Step 1: Enter Loan Amount
Type the total loan amount (e.g., ₹1,00,000) you plan to borrow.

Step 2: Enter Annual Interest Rate
Fill in the yearly interest rate (e.g., 8.5%) offered by your bank or lender.

Step 3: Enter Loan Tenure
Input the repayment duration in months (e.g., 12 months for 1 year).

Step 4: Click on “Calculate EMI”
Tap the button to instantly view your monthly EMI result.

Step 5: View Result
Your EMI will be displayed below in blue color – this is the amount you’ll need to pay every month.