Personal loan EMI calculators help you get the EMI amount instantly by entering the required fields. You can perform the calculations for different amounts and interest rates.

The mathematical formula for calculating EMI is EMI = [P x R x (1+R)^N]/[(1+R)^N-1].

P = Principal amount

R = Rate of Interest per month

N= Number of Monthly Installments

Every bank provides an EMI calculator on their website using which you can calculate your monthly EMI. This however excludes processing fees and GST.

After entering the loan amount, interest rate and tenure, you just click on the Calculate or Submit button to get the results. It’s so simple and easy to use. You can also use the excel sheet to perform the calculations manually.

If you are looking for a personal loan, you can check your eligibility at CreditMantri.

Popular Links

Related Q&A

Credit Card By Bank

Credit Card Customer Care

Personal Loan Customer Care

Home Loan Customer Care

Popular Bank IFSC Codes

Gold Rate Today

Silver Rate Today

CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf. We do not sell any loans on our own and do not charge any fee from our customers/viewers for the purpose of loan application