EMI Calculator
How to Use
- Enter the loan amount in rupees.
- Enter the annual interest rate in percentage.
- Enter the loan tenure in months.
- Click “Calculate EMI” to see your monthly payment.
FAQs
Q: What is EMI?
A: EMI (Equated Monthly Installment) is the fixed monthly payment you make to repay a loan.
Q: Is this accurate?
A: Yes, this uses the standard EMI formula. Actual EMI may vary slightly depending on bank rounding rules.
Q: Can I use decimal values?
A: Yes, decimal values for interest rate and loan amount are supported.
Q: Is my data stored?
A: No, all calculations happen locally in your browser. Your data is not sent online.