EMI is the Equated Monthly Installment payable till the loan is paid back in full. It consists of a portion of the interest as well as the principal.

Some of the Incentives Offered Lending Institutions:

  • Some companies sanction the loan without requiring you to identify property as a prerequisite for eligibility.
  • Free accident insurance
  • Discounts
  • Waiving of pre payment penalty
  • Waiving of processing fee
  • Free property insurance

The EMI (Equated Monthly Installment) calculator helps you calculate how much you need to pay every month towards your loan repayment, based on the given interest rate and tenure. Just enter the details in the boxes given on the left-hand side and click on the 'Calculate' button. The result will be displayed in the EMI box given on the right-hand side. Do remember to click on the 'Clear' button before entering new parameters.

Calculator to find out the equal monthly installments that need to be paid to afford your dream house.

   Amount of loan (Rs.) *
   Interest Rate (%) *
   Tenure (in years) *
   Reducing Balance based on
   Equated Monthly Installment (Rs.)

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