Use this calculator to calculate and plan your EMI and Loan amount
for car loan, home loan, personal loan etc... The EMI value for your laon majorly
depends upon interest rate and loan period. But, there is also some impact on the EMI
amount of how you need to pay your EMIs. Some financial institutions asks you to make an
EMI payment at the disbursement of loan however some financial institutions allow you to
start an EMI from next month. However your interest calculations start from
disbursements.
Please note actual EMI and loan schedule may vary based on additional features your
bank/financial institution is offering. For example, some banks allow pre-payment
facility. Some banks disburse money in loan account but charges interest only when you
withdraw money from that account. You can check with the bank to find most suitable loan
for you.