Calculate your monthly EMI instantly for personal loans up to ₹55 lakh. Choose a repayment period between 12 and 96 months and get estimates based on interest rates starting from 10% per annum.
Instantly estimate the monthly instalments on your loan and interest payable.
This EMI Calculator is a powerful and easy-to-use online tool that helps you calculate your loan EMI instantly. By adjusting the loan amount, interest rate, and repayment tenure, you can quickly estimate your monthly instalments, total interest payable, and the overall repayment amount. It is ideal for users planning to take a personal loan, car loan, home loan, or any credit-based finance.
EMI stands for Equated Monthly Instalment, which is the fixed amount you pay every month to repay your loan. It includes both the principal amount and the interest, divided equally over your chosen tenure.
EMI = [P × R × (1 + R)^N] / [(1 + R)^N – 1]
P = Loan Principal
R = Monthly Interest Rate
N = Total Number of MonthsAn EMI Calculator is an online tool that helps you calculate your monthly loan repayment amount based on loan amount, interest rate, and tenure. It gives you instant results for home loans, car loans, personal loans, and more.
EMI is calculated using the standard formula: EMI = [P × R × (1+R)^N] / [(1+R)^N – 1], where P is the loan amount, R is the monthly interest rate, and N is the number of months. The calculator does this automatically for you.
You only need three details: loan amount, interest rate, and loan tenure. The calculator instantly shows your EMI, total interest, and total payable amount.
Yes! The EMI Calculator on Zenith Webzone is 100% free. You can use it unlimited times without any signup or registration.
Yes. You can calculate EMI for home loans, car loans, personal loans, education loans, gold loans, business loans, and more with the same tool.
Yes, along with EMI, it shows the total interest payable and the total amount you will pay over the complete loan period.
Absolutely. The calculator uses standard loan formulas used by banks like SBI, HDFC, ICICI, Axis Bank, and others, ensuring accurate results.
Yes! You can adjust loan tenure, interest rate, and amount to instantly compare different EMI options and choose the best loan plan.
Yes, the EMI Calculator is fully responsive and works smoothly on Android, iOS, tablets, laptops, and desktops.
Using an EMI Calculator helps you understand monthly payments, manage budgets, compare loan plans, and avoid financial stress. It ensures smarter loan decisions.