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Calculate the Equated Monthly Installment (EMI) for any loan. Enter the loan amount, interest rate, and tenure to see your monthly payment along with total interest and total repayment.
An EMI is a fixed monthly payment that covers both interest and principal, so the loan is fully repaid by the end of the tenure.
Yes, a longer tenure lowers the monthly EMI but increases the total interest paid over the life of the loan.
Disclaimer: This calculator provides estimates for informational purposes only and is not financial, tax, or legal advice. Verify figures with a qualified professional before making decisions.