EMI Calculator
Calculate you EMI within minutes
The credit market in India is steadily on the rise. It is currently the 4th largest credit industry in the world, recording a CAGR of over 11% year on year. A vast majority of these advances are short-term credits such as personal loans and credit cards. Combined, these two financial products account for 78% of all credit lending in India. Loan repayments include EMIs and borrowers should consider the EMI amount to accurately plan their current and future finances.
There are several EMI calculators available online; one must choose an accurate EMI calculator and learn its usage to calculate the exact EMI amount they are liable to pay for a loan.
EMI Calculator – Loan for Bharat
EMI: 0
Total Interest: 0
Total Payment: 0
EMI Calculator – Plan Your Loan Smartly with Loan for Bharat Know Your Monthly Repayments Before You Apply
Know Your Monthly Repayments Before You Apply
At Loan for Bharat, we believe that every Indian deserves clarity before credit. Our easy-to-use EMI Calculator helps you plan your loan journey with confidence. Whether you’re looking for a home loan, business loan, or personal loan, this tool helps you understand your monthly outflows—before you commit.
What is an EMI?
An EMI (Equated Monthly Installment) is a fixed amount you pay every month towards your loan. It includes both the principal and the interest, spread evenly across your chosen repayment tenure. Knowing your EMI in advance helps you manage your finances better and avoid surprises later.
How to Use Our EMI Calculator
Just enter three simple details:
Loan Amount – The total amount you want to borrow
Interest Rate – The expected annual rate from your lender
Loan Tenure – The duration (in months or years) for repayment
Once entered, the calculator instantly shows:
Your Monthly EMI
The Total Interest Payable over the loan tenure
The Total Amount Repayable
Why Use Loan for Bharat’s EMI Calculator?
Instant EMI Breakdown for All Loan Types
Helps You Budget Smartly Before You Borrow
Easy Comparisons Across Lenders and Tenures
No Registration, No Charges—Just Clear Calculations
Whether you’re taking a personal loan for medical needs or a business loan to expand your shop, knowing your EMI makes your decision smarter.
Sample EMI Calculation
For example, if you take a loan of ₹5,00,000 at 10% interest for 5 years:
Monthly EMI: ₹10,624
Total Interest Payable: ₹1,37,437
Total Repayment: ₹6,37,437
This way, you know exactly what you’re getting into.
Frequently Asked Questions
Can my EMI amount change during the loan tenure?
Yes, if you have opted for a floating interest rate loan, your EMI may increase or decrease based on changes in the lender’s base rate or market interest rates.
Are EMI amounts fixed?
If your loan has a fixed interest rate, the EMI remains the same. For floating rates, it may vary over time.
What happens if I prepay my loan early?
If you repay your loan before the end of the tenure, it can reduce your overall interest burden. However, some lenders may charge a prepayment or foreclosure fee, especially on fixed-rate loans.
Can I use this calculator for any type of loan?
Yes, this EMI calculator works for home loans, business loans, personal loans, and loan against property.
Take the Next Step with Confidence
Once you know your EMI, you’re ready to move forward.
Get a Loan Letter
Know your eligibility and offers.
Let Us Apply for You
We’ll find the best deals and handle everything for you.
