EMI Calculator – kapizo.in
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EMI Calculator India

Calculate your monthly EMI for home loan, personal loan, car loan instantly. No signup required.

Loan Details

Adjust sliders to calculate EMI

Loan Amount ₹5,00,000
₹10K₹1 Cr
Annual Interest Rate 10%
5%30%
Loan Tenure 5 years
1 yr30 yrs
Monthly EMI
₹10,624
Principal Amount
₹5,00,000
Total Interest
₹1,37,480
Total Amount Payable
₹6,37,480
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This calculator provides approximate EMI values for reference only. Actual EMI may vary based on bank policies, processing fees, and other charges. Always confirm rates with your lender.

How is EMI Calculated?

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

For example, a ₹5 lakh loan at 10% per annum for 5 years: R = 10/12/100 = 0.00833, N = 60 months → EMI = ₹10,624