What is loan repayment?
EMI stands for Equated Monthly Instalment: the fixed monthly payment that repays loan principal and interest over the chosen tenure.
Review the estimated monthly repayment, interest cost and repayment schedule for your loan.
Review the monthly repayment, interest cost and outstanding balance across the full loan term.
Loan details
Monthly repayment presets
Loan summary
Principal Investment
₹5,00,000
Interest Surcharge
₹55,708
Total Repayment
₹5,55,708
Calculate an estimated monthly repayment for a personal, home, business, education or car loan. Select a loan type above for a calculator with loan-specific defaults and planning guidance.
EMI stands for Equated Monthly Instalment: the fixed monthly payment that repays loan principal and interest over the chosen tenure.
The calculator provides an estimate. The final EMI is based on the lender's approved loan amount, interest rate, tenure and applicable charges.
Detailed month-on-month principal and interest allocation breakdown.
| Timeline | Monthly Repayment | Principal Cleared | Interest Accrued | Outstanding Balance |
|---|---|---|---|---|
| Month 1 | ₹23,500 | ₹19,125 | ₹4,375 | ₹4,80,875 |
| Month 2 | ₹23,500 | ₹19,292 | ₹4,208 | ₹4,61,583 |
| Month 3 | ₹23,500 | ₹19,461 | ₹4,039 | ₹4,42,122 |
| Month 4 | ₹23,500 | ₹19,631 | ₹3,869 | ₹4,22,490 |
| Month 5 | ₹23,500 | ₹19,803 | ₹3,697 | ₹4,02,687 |
| Month 6 | ₹23,500 | ₹19,976 | ₹3,524 | ₹3,82,710 |
| Month 7 | ₹23,500 | ₹20,151 | ₹3,349 | ₹3,62,559 |
| Month 8 | ₹23,500 | ₹20,328 | ₹3,172 | ₹3,42,231 |
| Month 9 | ₹23,500 | ₹20,505 | ₹2,995 | ₹3,21,726 |
| Month 10 | ₹23,500 | ₹20,685 | ₹2,815 | ₹3,01,041 |
| Month 11 | ₹23,500 | ₹20,866 | ₹2,634 | ₹2,80,175 |
| Month 12 | ₹23,500 | ₹21,048 | ₹2,452 | ₹2,59,127 |
| Month 13 | ₹23,500 | ₹21,233 | ₹2,267 | ₹2,37,894 |
| Month 14 | ₹23,500 | ₹21,418 | ₹2,082 | ₹2,16,476 |
| Month 15 | ₹23,500 | ₹21,606 | ₹1,894 | ₹1,94,870 |
| Month 16 | ₹23,500 | ₹21,795 | ₹1,705 | ₹1,73,075 |
| Month 17 | ₹23,500 | ₹21,986 | ₹1,514 | ₹1,51,089 |
| Month 18 | ₹23,500 | ₹22,178 | ₹1,322 | ₹1,28,911 |
| Month 19 | ₹23,500 | ₹22,372 | ₹1,128 | ₹1,06,539 |
| Month 20 | ₹23,500 | ₹22,568 | ₹932 | ₹83,972 |
| Month 21 | ₹23,500 | ₹22,765 | ₹735 | ₹61,206 |
| Month 22 | ₹23,500 | ₹22,964 | ₹536 | ₹38,242 |
| Month 23 | ₹23,500 | ₹23,165 | ₹335 | ₹15,077 |
| Month 24 | ₹15,208 | ₹15,077 | ₹132 | ₹0 |