EMI Calculator

Work out the monthly instalment, total interest and full repayment schedule for any business loan. Change the amount, rate or tenure and everything updates instantly.

₹
₹1 L₹50 Lakh₹100 Cr
%
1%30%
1 yr30 yrs

Monthly EMI

₹1,12,489

Principal and interest share
Principal
₹50,00,000
Total interest
₹17,49,340
Total payable
₹67,49,340

Rates are indicative. Your actual rate depends on the lender's assessment.

Repayment schedule

YearPrincipal paidInterest paidTotal paidBalance

How EMI is calculated

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. Early instalments are mostly interest; the principal share grows every month.

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