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EMI Calculator

Calculate your monthly EMI for home, car, personal, or business loans instantly. Compare loans and find the best deal in Northeast India.

Enter Loan Details

10,00,000
₹50K₹1 Cr
8.5%
5%24%
10 Years
1 yr30 yrs
Apply for Loan via WhatsApp

Monthly EMI

₹12,399

Per month for 10 years

Principal Amount

₹10,00,000

Total Interest

₹4,86,804

Total Amount Payable

₹14,86,804

Loan Breakdown

Principal Interest

Typical Interest Rates (2025–26)

How is EMI Calculated?

EMI (Equated Monthly Instalment) is calculated using the formula:

EMI = P × r × (1 + r)^n ÷ [(1 + r)^n − 1]

Where P = Principal amount, r = Monthly interest rate (annual rate ÷ 12 ÷ 100), n = Number of monthly instalments

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