EMI calculator
Estimate monthly installments from amount, tenure and markup. Estimates only.
How this tool works
Pick a verified scheme or Custom loan. The maths uses standard reducing-balance amortisation: each month the installment covers markup on the outstanding balance and the rest reduces principal. When a scheme changes rate mid-tenure, the installment is recomputed from the remaining balance over the months left.
Grace months, where published, are interest-only (or zero on 0% products) before principal repayment starts. A 0% phase simply divides the outstanding balance equally across the remaining repayment months.
This tool does not include processing fees, insurance, late charges, equity contributions or bank-specific rules. It cannot tell you whether you will be approved. Always confirm figures on the official portal before you apply.