EMI Calculator
Calculate monthly EMI for any purchase. Compare payment plans.
FAQ
How is EMI calculated?
Using the standard reducing balance formula: EMI = P × r × (1+r)^n / ((1+r)^n - 1).
What is no-cost EMI?
Set interest rate to 0. Monthly payment = Amount / Months.
Is data stored?
No. Client-side calculator.
Is this free?
Yes.
What tenures are available?
3, 6, 9, 12, 18, and 24 months.
Is the formula accurate?
Yes, uses the standard banking formula.
Does it show total interest?
Yes.
Can I compare plans?
Change tenure and rate to compare.
Does it work for credit cards?
Yes, enter the card's interest rate.
Can I save calculations?
Not yet.