Financial Planning

Loan EMI Calculator

Calculate your monthly installment (EMI), total interest liability, and overall loan repayment schedule with our real-time interactive calculator.

Real-time Calculation

Loan Amount (₹) ₹ 5,00,000

₹ 25,000 ₹ 50,00,000

Interest Rate (% p.a.) 10.5 %

8.5% 24.0%

Tenure 36 Months (3.0 Yrs)

6 Months 60 Months

Popular Presets:

Repayment Schedule Overview

Monthly Repayment (EMI)

₹ 16,252

Principal Amount Interest Amount

Principal Amount ₹ 5,00,000

Total Interest Cost ₹ 85,072

Total Amount (Principal + Interest) ₹ 5,85,072

Apply with This Plan

NIRVAH computes installments using the standard reducing-balance method adopted by all RBI-regulated financial institutions:

          EMI = [P × r × (1 + r)n] ÷ [(1 + r)n − 1]
        

Where P is Principal loan amount, r is the monthly interest rate (Annual rate / 12 / 100), and n is the loan tenure in months.