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Your Result on :
EMI Calculator
This tool calculates the monthly installment or the EMI for a loan.
The EMI (Equated Monthly Installment) is fixed for the tenure of a loan. It has two components: principal and interest. In the
beginning the interest component is higher which decreases with time. The principal component increases with time.
The EMI depends on the loan amount, the interest rate, and the tenure of the loan
Loan amount
(
R
s
)
Interest rate
%
Tenure
Years
Your EMI(Equated Monthly Instalments) comes to be
(
R
s
).
p.m.
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